News
Consumer loan delinquency growth has stabilized, and Capital One is starting to capitalize on the tailwind. COF will likely see increasing margins from lower credit loss expenses as delinquency ...
Narrow-moat-rated Capital One reported results that were roughly in line with our expectations as higher credit costs and narrower net interest margins pressured bottom line results, partially ...
Capital One executives said Thursday that the company appears to ... contrasts with a gloomier forecast by Discover Financial Services, which said its credit card losses will be significantly above ...
Discover has said accounts aren't linked to the new corporate owner, so Capital One branches and customer service can't help with Discover products.
Today, Capital One's allowance for losses is elevated, but overall defaults are back in normal ranges. Default rates on auto loans and credit cards are rising quickly but are no higher than before ...
On the other hand, a move by Capital One to release some of its reserves with a lower provision for credit losses would signal confidence toward improving conditions. The market will also be ...
Capital One set aside $3.9 billion in provisions for loan losses, up from $2.5 billion a ... will grant the company access to Discover's credit card network, which is the fourth-largest in the ...
Capital One Financial Corp. set aside much more money to cover loan losses than expected in the second quarter, after ending a program to issue credit cards exclusively for Walmart Inc. The end of ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results