Capital One Financial Corp (COF.N)
|Market Cap (Mil.):||$45,400.46|
|Shares Outstanding (Mil.):||558.50|
(The following statement was released by the rating agency) CHICAGO, October 17 (Fitch) Capital One Financial's (COF) third quarter 2014 (3Q'14) earnings were down from both the sequential and year-ago quarters, though in Fitch Ratings' opinion remained good, with the company generating a 1.50% return on average assets (ROA). Additionally, the company's loan growth moderately picked up as well. The company's earnings were down to somewhat higher provision expense related to the company's l
* Net interest income down 1 pct to about $4.50 bln (Adds details)
Oct 16 - Capital One Financial Corp reported a 2.9 percent fall in quarterly profit as it set aside more money to cover soured loans.
(The following statement was released by the rating agency) CHICAGO, October 07 (Fitch) Fitch Ratings has affirmed SunTrust Banks Inc.'s (STI) ratings at 'BBB+'. The Rating Outlook remains Positive. The affirmation and Positive Outlook reflect the company's balanced and diverse business mix, improving asset quality, and good capital profile. Further, although STI's earnings still lag peer averages, they reflect a generally improving trend. The rating action follows a periodic review of the
(The following statement was released by the rating agency) CHICAGO, October 07 (Fitch) Fitch Ratings has affirmed Capital One Financial Corporation's (COF) ratings at 'A-/F1'. The Rating Outlook remains Stable. The rating action follows a periodic review of the large regional banking group, which includes BB&T Corporation (BBT), Capital One Finance Corporation (COF), Comerica Incorporated (CMA), Fifth Third Bancorp (FITB), Huntington Bancshares Inc. (HBAN), Keycorp (KEY), M&T Bank Corpor
(The following statement was released by the rating agency) CHICAGO, July 18 (Fitch) Capital One Financial's (COF) second quarter 2014 (2Q'14) earnings were modestly higher than both the sequential and year-ago quarters due largely a moderate reserve release as provision expense was less than net-charge offs (NCO) and higher net interchange revenue on increased purchase volumes and lower start-up costs on new rewards programs, according to Fitch Ratings. These results equated to a 1.63% ret
July 17 - Capital One Financial Corp, one of the largest U.S. credit card issuers, reported an 8 percent rise in quarterly profit as card loans grew and credit quality remained stable.
June 16 - Capital One Financial Corp has agreed to fundamentally change the way it uses consumer database, ChexSystems, to restrict only customers who land in the database for fraud, the New York Times reported, citing people briefed on the matter.