Can Capital One Continue to Ride on NII Despite Recent Rate Cuts?

Key Takeaways COF's NII kept rising through 2025 as credit card demand, funding mix and lower costs offset rate cuts.COF saw continued loan growth, with credit card and LHI portfolios extending multi-year expansion.The Discover Financial buyout is expected to boost NII as added loans and deposits bolster growth.As the Federal Reserve has lowered interest rates by 50 basis points (bps) this year to counter a weakening labour market and support economic growth, with expectations of additional cuts ahead, Capi ...