Capital One Credit-Card Delinquencies Drop In March

Capital One Financial Corp (NYSE: COF) reported a drop in delinquencies at its US credit-card business in March.

COF's US credit-card business saw 30-day delinquencies drop to 3.25% in March, versus 3.62% in February.

At its international credit-card business, the rate fell to 5.14%, versus 5.25% a month earlier. Its auto-loan delinquencies declined to 5.13% versus 5.61%.

COF shares closed at $53.47 on Friday.