News
COF
148.89
+3.03%
4.38
BREAKINGVIEWS-Odd Washington deal creates anti-M&A synergy
Senators on opposite ends of the political spectrum are joining forces to stop stock swaps from being tax-free. Jeffrey Goldfarb says the proposal builds on the movement against corporate concentration. Senators want to stop corporate mergers structured as stock swaps being exempt from tax. The proposal probably wouldn't generate much revenue, he says.
Reuters · 13h ago
Capital One Price Target Raised to $155.00/Share From $142.00 by Evercore ISI Group
Dow Jones · 14h ago
Capital One Is Maintained at In-Line by Evercore ISI Group
Dow Jones · 14h ago
Evercore ISI Group Maintains In-Line on Capital One Finl, Raises Price Target to $155
Benzinga · 14h ago
Is Capital One Stock a Buy?
Capital One is the fourth-largest credit card company in the U.S. The bank agreed to buy Discover Financial Services in a $35 billion all-stock deal in February. Capital One's stock has run up more than 40% since its low point in November. The company's credit card business could be a good opportunity for investors.
The Motley Fool · 16h ago
Discover Financial President and CEO Michael Rhodes resigns
Discover Financial President and CEO Michael Rhodes resigns effective April 1, 2024. Rhodes was not expected to have a long-term role at the combined company after its planned merger with Capital One Financial. Rhodes also resigns his roles as director and officer of Discover Bank. J. Michael Shepherd is named interim CEO and president of the bank.
Seeking Alpha · 1d ago
UPDATE 1-Discover Financial says CEO Michael Rhodes will step down
Discover Financial Services says CEO Michael Rhodes will step down effective April 1, 2024. Rhodes will serve as an advisor to the interim CEO J. Michael Shepherd. Rhodes accepted a job offer at another financial institution, the company says. Ally Financial appoints Rhodes as its CEO.
Reuters · 1d ago
Capital One Is Maintained at Outperform by Keefe, Bruyette & Woods
Dow Jones · 1d ago
Capital One Price Target Maintained With a $159.00/Share by Keefe, Bruyette & Woods
Dow Jones · 1d ago
Cracking The Code: Understanding Analyst Reviews For Capital One Finl
14 analysts have expressed a variety of opinions on Capital One Finl (NYSE:COF) over the past quarter. The company has an average price target of $143.43. The average 12-month price target is up 7.24% from the previous average of $133.75. Capital one finl is a diversified financial services holding company.
Benzinga · 1d ago
Keefe, Bruyette & Woods Maintains Outperform on Capital One Finl, Maintains $159 Price Target
Benzinga · 1d ago
First National (FXNC) Declares Buyout of Touchstone Bankshares
NASDAQ · 1d ago
Swipe fee settlement more likely to hurt card issuers than Visa, Mastercard - analysts
Swipe fee settlement more likely to hurt card issuers than Visa, Mastercard - analysts. Visa and Mastercard's proposed settlement with thousands of U.S. Merchants will lower the interchange fee for three years. The agreement is expected to save merchants an estimated $30B over the next five years. Capital One will be the most affected by the reduced interchange fees.
Seeking Alpha · 1d ago
Capital One, Discover Deal More Compelling After Merchant Settlement -- Market Talk
UBS analysts say the settlement between Visa, Mastercard and banks will lower the fees for merchants. The settlement requires Visa and Mastercard to negotiate fees with groups of smaller merchants. Capital One's acquisition of Discover Financial makes the deal more compelling, UBS says. The analysts say Capital One could benefit from a higher take rate.
Dow Jones · 1d ago
MOVES-Santander Bank names former Goldman exec as US retail banking head
Swati Bhatia most recently led Goldman's direct-to-consumer Marcus business. She is expected to focus on building capabilities, simplifying processes and lowering costs at the bank. Santander Bank appoints former Goldman Sachs exec as head of retail banking in the United States.
Reuters · 1d ago
US banks to see modest hit from deal to lower swipe fee by Visa, Mastercard
US banks to see modest hit from deal to lower swipe fee by Visa, Mastercard by Visa and Mastercard. The antitrust settlement announced on Tuesday is one of the largest in U.S. History. Wall Street analysts expect banks to absorb a large part of the revenue loss.
Reuters · 1d ago
Should First Trust Large Cap Value AlphaDEX ETF (FTA) Be on Your Investing Radar?
NASDAQ · 1d ago
I Can't Believe This Warren Buffett Stock Is Still So Cheap
Capital One Financial is one of the bank stocks in Warren Buffett's Berkshire Hathaway's investment portfolio. The bank is a good opportunity for long-term investors to take a closer look at the stock. The company's stock price is expected to rise to $100 in 2024.
The Motley Fool · 1d ago
Analysts Offer Insights on Financial Companies: Capital One Financial (COF) and Westpac Banking (OtherWEBNF)
TipRanks · 1d ago
Analysts Have Conflicting Sentiments on These Financial Companies: Capital One Financial (COF) and Bok Financial (BOKF)
TipRanks · 1d ago
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About COF
Capital One Financial Corporation is a diversified financial service holding company. The Company 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 Company 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.