NYSE:COF - New York Stock Exchange, Inc. - US14040H1059 - Common Stock
CAPITAL ONE FINANCIAL CORP
NYSE:COF (1/21/2025, 8:04:00 PM)
After market: 191.581 -1.63 (-0.84%)193.21
+2.24 (+1.17%)
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | 10.57% | ||
ROA | 0.84% | ||
ROE | 6.46% | ||
Debt/Equity | 0.78 |
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
Capital One Financial Corp. operates as a financial holding company. The company is headquartered in Mclean, Virginia and currently employs 52,500 full-time employees. The firm offers a range of financial products and services to consumers, small businesses and commercial clients through digital channels, branch locations, cafes, and other distribution channels. The firm operates through three segments: Credit Card, Consumer Banking and Commercial Banking. The Credit Card segment consists of its domestic consumer and small business card lending, and international card businesses in the United Kingdom and Canada. The Consumer Banking segment consists of its deposit gathering and lending activities for consumers and small businesses, and national auto lending. The Commercial Banking segment consists of its lending, deposit gathering, capital markets and treasury management services to commercial real estate and commercial and industrial customers. Its subsidiary includes Capital One, National Association, and Capital One Bank (USA), National Association.
CAPITAL ONE FINANCIAL CORP
Suite 1400, 1680 Capital One Drive
McLean VIRGINIA 22102 US
CEO: Richard D. Fairbank
Employees: 52500
Company Website: https://www.capitalone.com/
Investor Relations: https://investor.capitalone.com
Phone: 17037201000
Symbol | Name | TA | FA | PE | Market Cap |
---|---|---|---|---|---|
AXP | AMERICAN EXPRESS CO | 24.59 | 223.98B | ||
DFS | DISCOVER FINANCIAL SERVICES | 15.28 | 47.55B | ||
SYF | SYNCHRONY FINANCIAL | 9.07 | 27.05B | ||
SOFI | SOFI TECHNOLOGIES INC | 179 | 19.42B | ||
KSPI | JSC KASPI.KZ ADR | N/A | 18.15B | ||
SLMBP | SLM CORP - SLM 6.32018 PERP | 24.33 | 15.81B | ||
ALLY | ALLY FINANCIAL INC | 13.54 | 11.63B | ||
OMF | ONEMAIN HOLDINGS INC | 10.87 | 6.64B | ||
SLM | SLM CORP | 9.34 | 6.07B | ||
QFIN | QIFU TECHNOLOGY INC | 7.86 | 6.05B | ||
CACC | CREDIT ACCEPTANCE CORP | 13.93 | 6.01B | ||
UPST | UPSTART HOLDINGS INC | N/A | 5.84B |