Capital One Financial Co. has experienced significant activity recently, with shares being sold by numerous entities such as Commerce Bank, US Bancorp DE, and TrinityPoint Wealth LLC. In contrast, some have increased their stakes, including Corient Private Wealth LLC and Quest Partners LLC. The company has released its Q1 and Q4 2024 earnings call transcripts, revealing steady earnings per share and a notable net income of $1.3 billion in Q1 and $706 million in Q4 2023. The recent all-stock deal acquisition of
Discover Financial is a significant event, valued at $35.3 billion. Despite this monumental merger, Capital One's stock performance has not consistently outperformed competitors. The end of Capital One's consumer card partnership with
Walmart adds to the eventful period. Analyst consensus rates Capital One as a 'Hold', aligning with its stock's 44% growth over the past six months. However, uncertainties around rising charge-offs and increased provisions lead to cautious optimism about Capital One's future performance.
Capital One Financial COF News Analytics from Wed, 11 Oct 2023 07:00:00 GMT to Wed, 29 May 2024 20:51:00 GMT -
Rating -2
- Innovation 1
- Information 7
- Rumor -4
