Capital One Financial Co. has gone through significant changes recently. Top insider
Celia Karam sold 16,913 shares of COF. The company's Q1 2024 earnings alignment with
EPS projections showed a net income of
$1.3 billion. However, the stock underperformed compared to competitors on some days.
M&A news made headlines indicating that Capital One is expected to acquire
Discover Financial for
$35.3 billion. However, this didn't turn out to be entirely positive as the Discover deal offsets hopeful credit trends. The company's financial reports showed both earnings misses and surprises.
National Pension Service bought 21,845 shares while Victory Capital Management and several others sold a significant amount of shares.
Regulatory concerns have been a point of discussion, especially with the proposed Discover deal. The company also recently declared a dividend totaling
$0.60. Over the last five years, the stock has realized a gain of 44%, raising questions about its future performance.
Capital One Financial COF News Analytics from Wed, 11 Oct 2023 07:00:00 GMT to Fri, 10 May 2024 03:26:52 GMT -
Rating -2
- Innovation -1
- Information 8
- Rumor -4
