Here is a good article I read on them. I think it's the cheapest bank and far better than DFS or SYF. Anyone understand the discount to its SP?
Capital One Financial (COF), the Richmond Virginia based lender, reported third quarter results last week that easily beat analyst expectations. Analysts estimated $2.15 of EPS compared to the adjusted $2.42 that COF reported. This compared to $1.94 of earnings in Q2 of 2017 and $1.9 per share in last year's quarter. Capital One also said that $114 million of provisions were due to Hurricane Harvey while there was a gain of $69 million related to investment sales—these amounts were not included in the adjusted EPS number. The company's Net Interest Margin (NIM) improved 20 basis points to 7.08. ....
Submitted November 06, 2017 at 01:18PM by JohnnyPoster http://ift.tt/2j5CJje
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