Capital One Financial Corp
COF: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|lh | LOCK|WY!?k | LOCK|&#fW@XG |
Capital One: Strong Credit Results and Lower Effective Tax Rate Drive Double-Digit Earnings Growth
Capital One reported strong third-quarter results as lower credit costs offset headwinds from loan growth. Net revenue increased 6% from last year to 16.3 billion, while diluted earnings per share rose 16% to $5.61. These results translate to a return on equity of 12.6%.
