|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||97.06 - 99.19|
|52 Week Range||76.98 - 106.50|
|PE Ratio (TTM)||21.29|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||1.60 (1.72%)|
|1y Target Est||112.95|
Capital One Financial Corporation’s (COF) PE (price-to-earnings) ratio is 8.77x on an NTM (next-12-months) basis compared to its competitors’ average PE ratio of 20.79x. The company’s peers have the following price-to-earnings ratios on an NTM basis: Mastercard Incorporated (MA): 28.06x Visa Inc. (V): 25.71x Discover Financial Services (DFS): 8.60x
Among the companies with shares expected to trade actively in Friday's session are Microsoft, General Electric, Honeywell, Capital One and Facebook.
In the first quarter, Visa Inc.’s (V) strong results were supported by the positive global economic environment. Visa saw an 11.0% YoY (year-over-year) rise in debit spending on a constant dollar basis. Supportive parameters could help these payment companies witness a boost in their payment volumes.
Capital One Financial (COF) posted second-quarter results on July 19. Capital One garnered net interest income of $5.5 billion in the second quarter, which implies a fall of 3% sequentially and a 1% rise YoY. During the same period, the company’s net interest margin was 6.66%, a fall on a sequential and YoY basis.
Capital One's (COF) Q2 earnings show strength in its card operation and lower credit costs, thus driving the stock up more than 2%.
Visa Inc. (V) ended the fiscal second quarter with net operating revenues of $5.1 billion, which implies a 13.0% YoY (year-over-year) increase. On a constant dollar basis, the company reported a YoY rise of 11.0% in its total payment volume in the fiscal second quarter. During the same period, the company’s YoY credit growth was 10.0% on a constant dollar basis.
Capital One Financial Corp.’s second-quarter profit rose sharply as consumer card spending surged and credit losses fell. The loan performance of the company, which has a large subprime card business, often serves as a gauge for consumers’ willingness to spend and their ability to pay back their debts. After rising for many quarters on a year-over-year basis, the company’s net charge-off rate for its domestic card business fell to 4.72% in the second quarter compared with 5.11% a year prior.
The shoe company missed analysts' earnings expectations for its second quarter, posting only 29 cents per share compared with the 41 cents that was estimated. Skechers met analysts' revenue expectations, generating $1.13 billion for its second quarter. The bank holding company beat analysts' earnings expectations for its second quarter, posting $3.22 versus the $2.63 that was estimated.
Payment processing companies like Mastercard Incorporated (MA) and Visa Inc. (V) expect to see a hit in their payment volumes moving forward. Consumer confidence is expected to be impacted by trade tensions.
MARKET PULSE Shares of Capital One Financial Corp. (cof) rose 1% late Thursday after the bank holding company reported second-quarter earnings above Wall Street forecasts. Capital One said it earned $1.
The McLean, Virginia-based company said it had net income of $3.71 per share. Earnings, adjusted for non-recurring gains, were $3.22 per share. The results exceeded Wall Street expectations. The average ...
Excluding adjusting items, Second Quarter 2018 Net Income of $3.22 per share(1) MCLEAN, Va. , July 19, 2018 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced net income for ...
Payment processors and credit card companies (IYF) tend to benefit when global macros are witnessing positive trends. The equity markets were volatile in the first quarter, primarily due to interest rate expectations and President Trump’s imposition of tariffs on the United States’ major trading partners. Trade tensions tend to negatively impact payment processors such as Mastercard Incorporated (MA), Visa Inc. (V), and Discover Financial Services (DFS).
On Thursday, Capital One Financia l (NYSE: COF ) will release its latest earnings report. Benzinga's outlook for Capital One Financial is included in the following report. Earnings and Revenue Based on ...
Microsoft earnings will be a highlight for investors on Thursday as trade stories continue to dominate the economic discussion.
Given the improving economy and higher interest rates, Capital One (COF) is expected to witness a rise in interest income in Q2.
Bank stocks gain on the back of strong economic data. Also, the earnings season starts with Bank of the Ozarks (OZRK) reporting rise in net interest income.
Capital One Financial COF has seen impressive loan growth over the past four years, expanding credit card loans at a compound annual growth rate of more than 9%. Net revenue after provisions has grown less than 1% each year while credit provisions have more than doubled. This has caused investors to question the company's strategy and credit quality of new credit card loans.
Walmart Inc. is talking to Capital One Financial Corp. about taking over its store credit card, according to people familiar with the matter. The discussions, which are expected to wrap up in coming weeks, could end Synchrony Financial’s nearly 20-year run as the exclusive issuer of Walmart cards. Synchrony has been Walmart’s exclusive credit-card issuer since 1999.
MARKET PULSE Shares of Synchrony Financial (sfy) slid 6% Thurday, after reports that Walmart Inc. (wmt) is talking to Capital One Financial Corp. (cof) about taking over its popular store card. The move would end Synchrony's 20-year run as exclusive issuer of Walmart cards, according to The Wall Street Journal, which said the card is one of Synchrony's fifth-biggest accounts measured by revenue.
Walmart is weighing a bid from Capital One for its credit card business, Bloomberg reported Thursday. Synchrony, the retail giant's current credit card partner, is also bidding, the report said. A substantial part of Walmart's criteria for the deal is an expansion of the retailer's mobile payments offering, the report said.
Walmart Inc. is considering moving its branded credit-card business to Capital One Financial Corp. from Synchrony Financial as it seeks to expand its mobile payments offering, according to people familiar with the matter. The world’s largest retailer has narrowed the competition for its credit-card partnership to bids from the two lenders, said the people, who asked not to be identified because no decision has been announced. The negotiations are still ongoing, but the retailer is seeking a partner that can support its aspirations for Walmart Pay, the people said.
is considering moving its branded credit card business to Capital One Financial. Synchrony is a provider of Walmart’s store credit cards. The arrangement is up for renegotiation between now and next year, and the report said Walmart is mulling a proposal from Capital One alongside one from Synchrony.