NYSE:COF - New York Stock Exchange, Inc. - US14040H1059 - Common Stock
COF earnings call for the period ending December 31, 2024.
While the top- and bottom-line numbers for Capital One (COF) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Capital One Financial handily beat earnings expectations but fell slightly short on revenue.
Capital One (COF) delivered earnings and revenue surprises of 16.17% and 0.32%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
Consumer spending has remained strong on hopes of a soft landing for the economy and falling interest rates, helping companies like Capital One rake in more from interest payments on credit card debt. The credit card business makes up nearly half of the loan portfolio of Capital One, which is one of the largest issuers of Visa and Mastercard credit cards in the United States by balances. The McLean, Virginia-based company's net interest income — the spread between interest earned on loans and paid out to customers on deposits — increased nearly 8% in the fourth quarter to about $8.1 billion.
Capital One Financial Corp. posted a higher fourth-quarter profit as net interest margins widened and credit-card loans increased.
(Bloomberg) -- Capital One Financial Corp. posted a higher fourth-quarter profit as net interest margins widened and credit-card loans increased.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityMayors Chart an Agenda for Tackling the Housing Crisis Under TrumpNet income rose
Wall Street saw a strong preference for small and mid-cap equities, with the Russell 2000 index leading the market as investors bet on more domestic-friendly policies following Donald Trump's inauguration on Jan. 20 as the 47th U.S. president.
Capital One Financial is set to report its fourth-quarter financial results after Tuesday's closing bell. Here's a look at what investors will be watching when the financial services company reports.
Capital One Financial, Discover Financial, American Express and Ally Financial have been highlighted in this Earnings Preview article.
European stocks are expected to open slightly higher Tuesday as traders digested the first executive orders signed by newly inaugurated President Donald Trump.
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The families of people still held hostage by Hamas in Gaza walked onstage to shake President Donald Trump’s hand at the Capital One arena. Many were holding photos of their relatives. “We have to bring them home,” Trump said.
Emergency responders from Butler, Pa., the town where Trump was shot during a campaign event in July, marched in the procession at Capital One Arena.
President Donald Trump celebrated with an estimated 20,000 supporters for an indoor inaugural parade Monday inside Capital One Arena, after being sworn in as the 47th president of the United States.
Tech billionaire wades into controversy after shooting right arm on upwards diagonal during celebrations of Trump
Kash Patel, President Trump's pick to lead the FBI, spoke to supporters at Capital One Arena ahead of the indoor parade and events scheduled there for the inauguration.
The inauguration balls in Washington showcase political hobnobbing on a scale Australians can scarcely imagine.
At one point the band, whose Y.M.C.A is a central text of the Trump era, asked the president-elect not to use their music at his rallies.
Supporters filled nearly all the 20,000-plus-seat Capital One Arena in downtown Washington for a “Make America Great” victory celebration.
President-elect Donald Trump celebrated the eve of his second inauguration with a rally Sunday at the Capital One Arena in downtown Washington.
Thousands of Donald Trump's supporters waited for hours in the cold and rain to attend his victory rally on Sunday.
The company said a technical issue with a third-party vendor was to blame for a disruption with deposits and payment processing that stretched into the weekend.
The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
The bank experienced a “technical issue” with a third-party vendor this week, impacting some account services like deposits and payment processing.
The CFPB sued Capital One this week for "cheating" customers out of interest payments.
Capital One is continuing to experience a disruption to its service on Friday, with some customers frustrated that they are unable to see their deposits. The company said that 90% of the problems reported by customers related to deposits. Capital One said in a statement that the disruption, which has impacted the processing of some deposits, payments and transfers, began on Wednesday and is due to a technical issue with one of its service providers.