Capital One Financial (COF) has confirmed its dividend payout of $0.60, in addition to several positive financial updates. The company's Q4 earnings reported a 56% YoY surge in net income to $1.1 billion. Despite various hurdles, the proposed merger between Discover and Capital One shows progress. COF has also announced it will be attending the UBS conference in 2025. Several sale and acquisition of shares by key players and financial partnerships indicated mixed sentiments. Meanwhile, COF's investors have seen strong returns over the last few years. Jim Cramer endorsed COF, calling it one of his favourites; however, some insiders sold shares worth $11 million. The company has made a strong case for its acquisition of Discover Financial Services, due to close in 2025. Overall, COF's outlook is bolstered by solid quarterly results
Capital One Financial COF News Analytics from Wed, 24 Jul 2024 07:00:00 GMT to Sat, 15 Feb 2025 13:46:24 GMT -
Rating 8
- Innovation 5
- Information 8
- Rumor -6
