It's complicated, but just you wait. That's the message from Capital One NYSE: COF in light of its first-quarter results as it undertakes a significant rejiggering of its business.
ENVA's Grasshopper deal could cut funding costs by 300 to 400 bps and unlock new growth, but approvals, expenses, and integration risks remain key hurdles.
If you've had a Capital One savings account in recent years, the bank may soon send some money your way after a U.S. judge approved a $425 million settlement this week.
Millions of current and former Capital One customers should soon start receiving payments from the bank's $425 million settlement – and it takes just a few steps to check if you're eligible.
B. Metzler seel. Sohn and Co. AG increased its holdings in shares of Capital One Financial Corporation (NYSE: COF) by 5.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,968 shares of the financial services provider's stock after buying an additional 3,152 shares
Capital One's earnings and revenue missed Wall Street estimates in the first quarter of 2026.
Millions of current and former Capital One customers are in store for major payouts after a judge gave a $425 million settlement the final green light this week.
Capital One shares decline 3.2% as Q1 adjusted earnings lag estimates, with provisions and expenses surging despite 52% revenue growth and wider NIM.
Capital One's Series N preferred shares (COF.PR.N) are little changed so far in 2026 despite macro headwinds from higher rates, driven by shifting Fed rate cut expectations. Preferred dividends remain well covered in Q1 2026, in line with COF's historical performance. The relative safety of COF.PR.N is further amplified by the sizable 35% discount the Series N preferreds trade at.
The Virginia-headquartered bank reported a 72% jump in provisions for credit losses compared to last year
Capital One Financial Corporation (COF) Q1 2026 Earnings Call Transcript
Consumers are still spending, and for Capital One, that remains the foundation of its cards business while the financial service giant continues to eye longer term artificial intelligence and platform buildouts. “The U.S.