Capital One Financial Corporation
- Capital One Financial decreased 3% to $133.0 after the company agreed to acquire Discover Financial in an all-stock deal for $35.3 billion.
The deal was announced late Monday, and after the merger, Capital One shareholders would control 60% and Discover Financial shareholders would control 40% of the combined company.
Feb 20, 2024 - Capital One Financial Corp rose 0.6% to $115.58 after the credit card lender and banking services provider reported mixed quarterly results.
Revenue in the second quarter increased 1% to $9..0 billion and net income fell to $1.4 billion from $2.0 billion and diluted earnings per share decreased to $3.53 from $4.98 a year ago.
Net interest margin stayed elevated to 6.48%, fell 12 basis points and provision for credit losses soared to $2.5 billion from $1.1 billion a year ago.
Total deposits rose 12% to $343.7 billion from $307.9 billion from a year ago but fell 2% from $349.7 billion in the previous quarter.
Jul 21, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 2.31 | 3.52 | 4.45 | - | - | |
| 2022 | 5.62 | 4.96 | 4.2 | 3.13 | 17.91 | |
| 2021 | 7.03 | 7.62 | 6.78 | 5.41 | 26.94 | |
| 2020 | -3.1 | -2.21 | 5.06 | 5.35 | 5.18 | |
| 2019 | 2.86 | 3.24 | 2.69 | 2.25 | 11.05 | |
| 2018 | 2.62 | 3.71 | 2.99 | 2.5 | 11.82 | |
| 2017 | 1.75 | 1.96 | 2.42 | 1.62 | 7.75 | |
| 2016 | 1.85 | 1.76 | 2.03 | 1.45 | 7.09 | |
| 2015 | 1.97 | 1.78 | 1.99 | 1.67 | 7.41 | |
| 2014 | 1.96 | 2.04 | 1.86 | 1.73 | 7.59 | |
| 2013 | 1.77 | 1.85 | 1.84 | 1.43 | 6.89 | |
| 2012 | 2.72 | 0.16 | 2.01 | 1.22 | 6.11 | |
| 2011 | 2.21 | 1.97 | 1.77 | 0.85 | 6.8 | |
| 2010 | 1.40 | 1.33 | 1.76 | 1.52 | 6.01 | |
| 2009 | -0.44 | -0.66 | 0.87 | 0.97 | 0.74 | |
| 2008 | 1.47 | 1.21 | 1.00 | -3.89 | -0.21 | |
| 2007 | 1.62 | 1.89 | -0.21 | 0.67 | 3.97 | |
| 2006 | 2.86 | 1.78 | 1.89 | 1.09 | 7.62 | |
| 2005 | 1.99 | 2.03 | 1.81 | 0.90 | 6.73 |