Capital One Financial Corp.(NYSE:COF) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 21, 2016. Company reported revenue of $6.25B. Analysts estimated a revenue of $6.28B. Earnings per share were $1.76. Analysts had estimated an EPS of $1.87.
In a different note, On Jul 8, 2016, DA Davidson said it Upgrades its rating on Capital One Financial Corp.. The shares have been rated ‘Buy’ by the firm. On Jul 7, 2016, Deutsche Bank said it Maintains its rating on Capital One Financial Corp.. In the research note, the firm Lowers the price-target to $78.00 per share. The shares have been rated ‘Hold’ by the firm. On Jun 8, 2016, Sterne Agee CRT said it Downgrades its rating on Capital One Financial Corp.. The shares have been rated ‘Underperform’ by the firm. On May 9, 2016, Guggenheim Securities said it Upgrades its rating on Capital One Financial Corp.. The shares have been rated ‘Neutral’ by the firm. On Apr 27, 2016, Bank of America said it Downgrades its rating on Capital One Financial Corp.. The shares have been rated ‘Underperform’ by the firm. On Apr 27, 2016, Sandler O’Neill said it Upgrades its rating on Capital One Financial Corp.. The shares have been rated ‘Buy’ by the firm.
Capital One Financial Corp. (COF) shares turned negative on Wednesdays trading session with the shares closing down -0.12 points or -0.18% at a volume of 28,95,311. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $68.17. The peak price level was also seen at $68.17 while the days lowest was $67.16. Finally the shares closed at $67.61. The 52-week high of the shares is $92.1 while the 52-week low is $58.025. According to the latest information available, the market cap of the company is $34,623 M.
Several Insider Transactions has been reported to the SEC. On Mar 3, 2016, Richard Scott Blackley (Principal Accounting Officer) sold 5,239 shares at $66.61 per share price.Also, On Nov 5, 2015, Michael Slocum (President, Commercial Banking) sold 2,930 shares at $80.86 per share price.On Jul 23, 2015, Kevin S. Borgmann (Chief Risk Officer) sold 1,811 shares at $91.42 per share price, according to the Form-4 filing with the securities and exchange commission.
Capital One Financial Corp is a diversified financial services holding company. The Company and its subsidiaries offer a range of financial products and services to consumers small businesses and commercial clients through branches the Internet and other distribution channels. In addition to bank lending treasury management and depository services the Company offers credit and debit card products auto loans and mortgage banking in markets across the United States. The Company operates three primary business segments: Credit Card Consumer Banking and Commercial Banking. The Companys principal subsidiaries include the following: Capital One Bank (USA) National Association (COBNA) which offers credit and debit card products other lending products and deposit products and Capital One National Association (CONA) which offers a range of banking products and financial services to consumers small businesses and commercial clients.