Capital One Continues To Execute Well
Capital One(COF) Seeking Alpha·2024-08-17 17:49
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 ...