Capital One Financial

This week will offer a good look at the state of the financial sector as many of the big banks share their fourth-quarter results. JP Morgan Chase (NYSE: JPM) broke the ice on Friday, reporting a decline in earnings that was more than analysts had estimated. Wells Fargo (NYSE: WFC), Goldman Sachs (...

Goldman Sachs commented on market volatility. In a research report published today, Goldman named companies it believes are best investment in these volatile times. In the report, Goldman states, “In the face of a flattish S&P 500 we encourage investors to utilize straddles as a method to...

Piper Jaffray reiterates its Neutral rating on Capital One Financial (NYSE: COF). At the same time, Piper Jaffray left its price target on the company's stock unchanged at $40. In a research report published today, Piper Jaffray commented on the company's acquisition of ING Direct. In the report,...

Oppenheimer is out with its report today on Capital One Financial (NYSE: COF), maintaining Perform. In a note to clients, Oppenheimer writes, "Although we like the business model and believe that COF has a valuable franchise, revenue and pre-provision earnings comparisons will be very difficult...

Citi made a number of updates in a research report published today. Solar Capital (NASDAQ: SLRC) has been downgraded from Hold to Buy. At the same time, Citi reduced its price target on the companies stock from $28 to $26. In the report, Citi states, "We are downgrading the shares of SLRC to a...

Leveraged-buyout company KKR (NYSE: KKR) is reportedly interested in acquiring a minority stake in Dutch lender ING Groep's (NYSE: ING) U.S. online bank, ING Direct USA. General Electric (NYSE: GE) and Capital One Financial (NYSE: COF) submitted their bids for the U.S. unit last week. GE has made...

Citi is out with its report today on Capital One Financial (NYSE: COF), reiterating Buy. In a note to clients, Citi writes, "Overall, April results were solid with further improvement in credit and stabilization in US Card balances. Despite the strong YTD performance (+23% vs. BKX -5%), we see...

Citigroup has published a research report on Capital One Financial Corporation (NYSE: COF) after the company reported its February statistics on credit card balances. In the report, Citigroup writes "Overall, February results were as expected with further improvement in credit offset by seasonal...

J.P. Morgan is increasing its 2011 EPS estimate on Capital One Financial (NYSE: COF) to $4.58 from $4.57. “Our revised assumptions include higher loan growth, largely offset by greater marketing spend,” J.P. Morgan writes. “Our 2012 estimate declines slightly to $4.77 (from $4.79). This adjustment...

Credit Suisse is raising its estimates on Capital One Financial (NYSE: COF). “We are raising our 2011 and 2012 EPS estimates to $5.00 and $5.20 (from $4.70 and $5.00) to reflect a higher revenue margin run-rate,” Credit Suisse writes. “We are also establishing a 2013 EPS of $5.50. Our estimate...