These stocks are well off the highs and could be big winners in 2025 and beyond.The S&P 500 is still within striking distance of its all-time high, but not all stocks are in the same boat. There are some excellent businesses trading 20% or more below their all-time highs despite strong business momentum. Here are two in particular that are both dividend-paying components of the S&P 500 benchmark index that you might want to take a closer look at.A proven winner that could benefit from falling ratesRealty In ...

A lawsuit by a former Discover executive claims the company wrongfully revoked millions in compensation.The lawsuit, filed Wednesday (Sept. 4) in federal court in Chicago by former Discover chief information officer Diane Offereins, also claims the payments giant used her as a “scapegoat” for the company’s misclassification of credit cards as regulators examine Discover’s planned $35 billion merger with Capital One.PYMNTS has contacted Discover for comment but has not yet gotten a reply.Offereins retired fr ...

Capital One has surged 56% since late October of last year. Is Berkshire's recent sale a warning sign for investors?Since becoming CEO at Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, Warren Buffett has delivered nearly 20% compound annual returns. In other words, a $100 investment in the conglomerate back then would be worth nearly $4.4 million at the start of this year.Buffett's long track record of success is why investors eagerly await Berkshire Hathaway's Form 13F filing with the Securities an ...

Capital One Financial is a unique player in the bank sector, which will make it a good stock for some and a terrible option for others.Banks are vital financial institutions that facilitate commerce, but not all banks are created equally. Capital One Financial (COF -0.21%), for example, has a unique operating model that can result in material swings in its performance. Here's why some investors will appreciate this large bank and others will want to avoid it.What does a bank do?From a simplistic perspective ...

JHVEPhoto Capital One (NYSE:COF) is a strong credit card company that has recently announced its plan to purchase Discover Financial (NYSE:DFS). As the company builds up a strong credit card portfolio and invests more into its future business, Capital One has a unique ability to drive long-term shareholder returns. Capital One Q2 2024 Highlights Capital One had a strong quarter, despite missing expectations, with net income of almost $600 million giving the company a P/E of just over 20. The reason we c ...

The bank can make a lot of money when times are good, but when tough times come around, it can get ugly fast.Capital One Financial (COF -5.40%) is an interesting bank. Unlike most banks, it hasn't focused on building out a branch network. It has instead built out a credit card business.This is a very different model from the banking industry giants, and investors need to fully appreciate the risks involved. Here's what you need to know, and why investors might want to tread with caution today.Capital One is ...

公司概况 - 公司的主要业务分为信用卡、消费者银行和商业银行三大板块[9] - 公司的总净收入主要来自向消费者和商业客户提供贷款业务,同时也有非利息收入[9] - 公司的主要经营活动包括消费者和小企业信用卡业务、消费者银行业务以及商业银行业务[9] 财务表现 - 公司2024年第二季度和上半年的净利息收入分别为75.46亿美元和150.34亿美元，同比增长6%和5%[13] - 公司2024年第二季度和上半年的非利息收入分别为19.60亿美元和38.74亿美元，同比增长3%和7%[13] - 公司2024年第二季度和上半年的贷款损失准备分别为39.09亿美元和65.92亿美元，同比增长57%和25%[13] - 公司2024年第二季度和上半年的营销费用分别为10.64亿美元和20.74亿美元，同比增长20%和16%[13] - 公司2024年第二季度和上半年的每股基本和稀释收益分别为1.39美元和4.51美元，同比下降61%[13] - 公司第二季度和前六个月的净收入分别为5.97亿美元和19亿美元[21] - 公司第二季度和前六个月的总净收入分别为95亿美元和189亿美元[21] - 公司第二季度和前六个月的净收入分别下降了8.34亿美元和5.14亿美元,主要由于信贷损失准备金增加和营销支出增加[22] - 公司第二季度和前六个月的平均贷款余额分别增加了52亿美元和60亿美元,主要由于信用卡贷款组合的增长[22] 资产质量 - 公司2024年6月30日的贷款余额为3181.86亿美元,较2023年12月31日下降1%[16] - 公司2024年6月30日的存款余额为3514.42亿美元,较2023年12月31日增长1%[16] - 公司2024年6月30日的不良贷款率为3.36%,较2023年12月31日下降35个基点[16] - 公司第二季度和前六个月的净冲销率分别上升了54个基点和82个基点,主要由于国内信用卡贷款组合的净冲销增加[24] - 公司第二季度和前六个月的30天以上逾期率分别下降了36个基点,主要由于汽车和国内信用卡贷款组合的逾期存货季节性下降[25] - 信用损失准备金增加14亿美元至39亿美元,主要由于国内信用卡业务的净核销增加以及由于沃尔玛项目协议终止而导致的损失准备金增加[43] 资本管理 - 公司的普通股一级资本比率为13.2%和12.9%[21] - 公司2024年6月30日的普通股权一级资本充足率为13.2%,较2023年12月31日提高30个基点[19] - 公司作为III类机构需满足最低4.5%普通股一级资本、6%一级资本和8%总资本比率等要求[112] - 公司还需满足4%最低杠杆比率和3%补充杠杆比率要求[112] - 公司需满足2.5%以上的资本保护缓冲区要求[113] - 公司的压力资本缓冲率为4.8%,预计2024年将上升至5.5%[113,114] 业务结构 - 公司的贷款组合主要包括信用卡、消费者银行和商业银行三大部分[134] - 信用卡贷款占总贷款的48.3%,其中国内信用卡贷款占46.2%[134] - 消费者银行贷款占总贷款的23.8%,主要包括汽车贷款和零售银行贷款[134] - 商业银行贷款占总贷款的27.9%,主要包括商业和多户家庭房地产贷款以及商业和工业贷款[134] 风险管理 - 公司面临的主要市场风险敞口包括利率风险、外汇风险和商品价格风险[204][205] - 公司的信用评级影响其进入资本市场的能力和借款成本,穆迪将公司的信用评级列为可能下调审查[199][201] - 公司通过发行高级和次级票据、证券化债务、联邦基金购买、回购协议和联邦住房贷款银行贷款等方式获得资金[194]

Capital One’s (COF) second-quarter 2024 adjusted earnings of $3.14 per share lagged the Zacks Consensus Estimate of $3.28. In the prior-year quarter, earnings per share was $3.52.In the reported quarter, there was an allowance build for Walmart program agreement loss sharing termination, a Walmart program agreement termination contra revenue impact, Discover integration expenses and an FDIC special assessment charge.Results were adversely impacted by higher expenses and provisions. However, an increase in n ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scor ...

文章核心观点 - 该公司是一家专注于信用卡和其他贷款业务的银行,与普通银行有较大差异 [3][4] - 公司采取了较为激进的业务模式,在好时期可获得较高收益,但在经济不景气时期也会遭受较大损失 [6][7][8] - 公司的股价和股息收益率波动较大,对投资者的风险承受能力要求较高 [10][11][12] 根据相关目录分别进行总结 公司业务模式 - 公司主要从事信用卡和贷款业务,收入主要来自信用卡业务,而不是传统的银行业务 [4] - 公司的业务模式与普通银行有较大差异,不能简单地进行比较 [5] 公司风险特点 - 公司采取了较为激进的业务模式,在好时期可获得较高收益,但在经济不景气时期也会遭受较大损失 [6][7][8] - 公司的股价和股息收益率波动较大,对投资者的风险承受能力要求较高 [10][11][12] 投资建议 - 公司的股票可能成为创造百万富翁的关键因素,但需要较强的风险承受能力 [13] - 目前股价已接近历史高点,可能不是最佳的买入时机,建议投资者将其列入关注名单,等待更好的买入时机 [13]