Capital One Financial is a unique player in the bank sector, which will make it a good stock for some and a terrible option for others.Banks are vital financial institutions that facilitate commerce, but not all banks are created equally. Capital One Financial (COF -0.21%), for example, has a unique operating model that can result in material swings in its performance. Here's why some investors will appreciate this large bank and others will want to avoid it.What does a bank do?From a simplistic perspective ...

JHVEPhoto Capital One (NYSE:COF) is a strong credit card company that has recently announced its plan to purchase Discover Financial (NYSE:DFS). As the company builds up a strong credit card portfolio and invests more into its future business, Capital One has a unique ability to drive long-term shareholder returns. Capital One Q2 2024 Highlights Capital One had a strong quarter, despite missing expectations, with net income of almost $600 million giving the company a P/E of just over 20. The reason we c ...

The bank can make a lot of money when times are good, but when tough times come around, it can get ugly fast.Capital One Financial (COF -5.40%) is an interesting bank. Unlike most banks, it hasn't focused on building out a branch network. It has instead built out a credit card business.This is a very different model from the banking industry giants, and investors need to fully appreciate the risks involved. Here's what you need to know, and why investors might want to tread with caution today.Capital One is ...

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Capital One’s (COF) second-quarter 2024 adjusted earnings of $3.14 per share lagged the Zacks Consensus Estimate of $3.28. In the prior-year quarter, earnings per share was $3.52.In the reported quarter, there was an allowance build for Walmart program agreement loss sharing termination, a Walmart program agreement termination contra revenue impact, Discover integration expenses and an FDIC special assessment charge.Results were adversely impacted by higher expenses and provisions. However, an increase in n ...

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This credit card issuer takes on big risks with the hope of generating big rewards.Capital One Financial's (COF 0.27%) stock price is up over 2,600% since it came public in late 1994. Given that level of performance, it's fair to say that this financial company's stock has the potential to be a key element in a millionaire-making portfolio over the long term.But investors interested in Capital One need to understand that the big rewards here also come with big risks.Capital One Financial isn't your ordinary ...

Capital One Financial Corporation (NYSE:COF) Q2 2024 Earnings Conference Call July 23, 2024 5:00 PM ET Company Participants Jeff Norris - SVP, Finance Andrew Young - CFO Richard Fairbank - Chairman & CFO Conference Call Participants Sanjay Sakhrani - KBW Mihir Bhatia - Bank of America Richard Shane - JPMorgan Ryan Nash - Goldman Sachs Bill Carcache - Wolfe Research Don Fandetti - Wells Fargo Moshe Orenbuch - TD Cowen Operator Good day, and thank you for standing by. Welcome to the Capital One Q2 2024 Earnin ...

1 Second Quarter 2024 Results July 23, 2024 Forward-Looking Statements This presentation and related communications should be read in conjunction with the financial statements, notes, and other information contained in Capital One's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Please note that the following materials containing information regarding Capital One's financial performance is preliminary and based on Capital One's data available at the time of the ...

For the quarter ended June 2024, Capital One (COF) reported revenue of $9.51 billion, up 5.5% over the same period last year. EPS came in at $3.14, compared to $3.52 in the year-ago quarter.The reported revenue represents a surprise of -0.03% over the Zacks Consensus Estimate of $9.51 billion. With the consensus EPS estimate being $3.28, the EPS surprise was -4.27%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectat ...