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Capital One Sues FDIC, Alleging Overcharge
PYMNTS.com· 2025-09-11 18:44
Capital One reportedly sued the Federal Deposit Insurance Corp., alleging that the regulator overcharged the bank by $149.2 million during a special assessment meant to make up for the deposit insurance fund’s losses resulting from the collapses of Silicon Valley Bank and Signature Bank in 2023.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Condition ...
Capital One Sues FDIC, Alleging Overcharge in Banking Crisis-Related Special Assessment
PYMNTS.com· 2025-09-11 18:44
Capital One reportedly sued the Federal Deposit Insurance Corp., alleging that the regulator overcharged the bank by $149.2 million during a special assessment meant to make up for the deposit insurance fund’s losses resulting from the collapses of Silicon Valley Bank and Signature Bank in 2023.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Condition ...
Capital One Financial sues regulator over erroneous calculations - report (COF:NYSE)
Seeking Alpha· 2025-09-11 17:08
Capital One Financial (NYSE:COF) filed a lawsuit against the Federal Deposit Insurance Corporation over erroneous calculations related to losses at the regulator's deposit insurance fund after the collapses of Silicon Valley Bank and Signature Bank, Reuters reported. The two banks were ...
Capital One sues FDIC for overcharge related to two bank failures
Reuters· 2025-09-11 14:29
Capital One sued the Federal Deposit Insurance Corporation, accusing the U.S. regulator of imposing an excessive $474.1 million special assessment to recoup losses to its deposit insurance fund following the collapses of Silicon Valley Bank and Signature Bank in 2023. ...
山西省临汾市洪洞县市场监督管理局2025年食品安全监督抽检信息公告(第三期)
本期公布292批次监督抽检结果,分别为饼干、餐饮食品、茶叶及相关制品、炒货食品及坚果制品、蛋制品、淀粉及淀粉制品、豆制品、方便食品、糕点、 酒类、粮食加工品、肉制品、食糖、食用农产品、食用油、油脂及其制品、蔬菜制品、水果制品、糖果制品、调味品、饮料20个食品大类。根据食品安全国 家标准检验和判定:合格样品284批次、不合格样品8批次,抽检情况见附件。 针对上述抽检中发现的不合格产品,我局已按照相关法律法规依法处理。消费者如果在市场上发现被通报的不合格食品,可拨打12315投诉举报。 特此通告。 洪洞县市场监督管理局 2025年9月9日 | 附件2 | 2025年第三期食品监督抽检产品合格信息 | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 任 | 务 | 被抽 | | | | | | | | | | | | | | | | | 来 | 样单 | 公 | 生产日期/ | ...
Here's Why Capital One (COF) is a Strong Momentum Stock
ZACKS· 2025-09-10 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Za ...
Nvidia Couldn't Make It 3 In A Row — But This S&P 500 Stock Did
Investors· 2025-09-10 12:00
While Nvidia (NVDA) made the list of new buys by the best mutual funds for two straight months before the artificial intelligence giant went AWOL in the latest report, Capital One Financial (COF) returned to this monthly screen for a third consecutive time. And now, as Nvidia remains below its 50-day moving average as of Tuesday's close, Capital One stock looks to bankroll a new breakout. Capital One has also just landed a spot on the Investor's Business Daily Breakout Stocks Index, alongside fellow financi ...
Capital One Financial Corporation (COF) Presents at Barclays 23rd Annual Global Financial
Seeking Alpha· 2025-09-09 21:31
Question-and-Answer SessionYes. So we'll jump right into it. Maybe let's just start with the state of the consumer. How do you think the consumer is positioned as we head toward the end of 2025? And can you just talk about what you're seeing across the different cohorts of your consumer base?Richard FairbankFounder, Chairman, CEO & President Okay. Thank you. Thank you, Terry. Good afternoon, everyone here and to those listening in on the webcast. So as I've been saying for a long time that I still very much ...
Capital One Financial Corporation (COF) Presents At Barclays 23rd Annual Global Financial Services Conference Transcript
Seeking Alpha· 2025-09-09 21:31
Question-and-Answer SessionYes. So we'll jump right into it. Maybe let's just start with the state of the consumer. How do you think the consumer is positioned as we head toward the end of 2025? And can you just talk about what you're seeing across the different cohorts of your consumer base?Richard FairbankFounder, Chairman, CEO & President Okay. Thank you. Thank you, Terry. Good afternoon, everyone here and to those listening in on the webcast. So as I've been saying for a long time that I still very much ...
Capital One Financial (NYSE:COF) FY Conference Transcript
2025-09-09 19:02
Capital One Financial FY Conference Summary Company Overview - **Company**: Capital One Financial (NYSE: COF) - **Date of Conference**: September 09, 2025 Key Points Consumer Positioning - The consumer remains a strong anchor in the economy with indicators such as wage growth and low unemployment being favorable [3][4] - Consumer debt levels are comparable to pre-pandemic levels, indicating a modest debt burden [3][4] - Job creation is modest, but there are no significant layoffs observed, which is a positive sign [3] Credit Performance - Delinquencies in domestic credit have declined for eight consecutive months year-over-year [5] - The pandemic initially led to extraordinary credit performance due to government stimulus and forbearance, resulting in a consumer surplus [5][6] - There is an expectation of delayed charge-offs as consumers who were vulnerable during the pandemic may face credit normalization challenges [6][7] - Capital One's credit performance is improving, with new originations performing better than previous years [8] Auto Credit Insights - Capital One tightened its underwriting standards in the auto credit sector, leading to strong performance in originations [12][13] - Concerns about credit score inflation and vehicle affordability were key factors in the decision to tighten standards [12][13] - Tariffs could impact car prices, affecting both recovery values and consumer affordability [14] Discover Acquisition - Capital One is migrating $175 billion of debit and credit volume to the Discover Network, with debit migration starting in late August 2025 and credit migration expected by early 2027 [15][16] - The integration process is more complex than initially anticipated, leading to higher integration costs than the initially guided $2.8 billion [20][23] - The company expects to achieve $2.5 billion in total synergies from the acquisition, with a focus on both operating and marketing synergies [20][24] Long-term Investment Opportunities - Capital One sees significant long-term investment opportunities across its businesses, particularly in retail banking and technology [25][26] - The company is focused on organic growth rather than acquisitions to expand its national retail bank [27] - Investments in customer experiences, technology modernization, and AI are prioritized to capitalize on future opportunities [30] Earnings Power - The company maintains its guidance of 15% adjusted EPS accretion by 2027, with earnings power remaining consistent with initial estimates [31][34] - Capital One's strategy focuses on identifying long-term opportunities and ensuring rigorous calculations of investment returns [31][32] Capital Management - Capital One is currently in a position of excess capital with a CET1 ratio of 14% and is stepping up share repurchases [35][38] - The company is assessing its capital needs based on Discover's loan level data and expects to provide updates on capital return strategies in the upcoming earnings call [38] International Acceptance of Discover - Discover's international acceptance is currently lower than domestic acceptance, and efforts are underway to improve this metric [40][41] - The company aims to build a global brand for Discover while ensuring that international acceptance aligns with marketing efforts [41][42] Additional Insights - The integration of Discover is seen as a strategic opportunity to enhance Capital One's network and brand [43][44] - The focus remains on leveraging synergies from the acquisition while building a robust international presence for Discover [44]