[ad_1]
[ad_2]
Tag: Finance
-
Louisiana State Employees Retirement System Decreases Holdings in JPMorgan Chase & Co. $JPM
[ad_1]
Louisiana State Employees Retirement System cut its stake in JPMorgan Chase & Co. (NYSE:JPM) by 1.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,300 shares of the financial services provider’s stock after selling 2,300 shares during the quarter. JPMorgan Chase & Co. comprises about 0.8% of Louisiana State Employees Retirement System’s investment portfolio, making the stock its 15th biggest position. Louisiana State Employees Retirement System’s holdings in JPMorgan Chase & Co. were worth $45,517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently modified their holdings of the company. Peterson Wealth Advisors LLC lifted its position in JPMorgan Chase & Co. by 1.6% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 2,063 shares of the financial services provider’s stock worth $635,000 after acquiring an additional 33 shares in the last quarter. TradeWell Securities LLC. lifted its position in shares of JPMorgan Chase & Co. by 0.3% during the third quarter. TradeWell Securities LLC. now owns 12,333 shares of the financial services provider’s stock worth $3,832,000 after purchasing an additional 34 shares in the last quarter. Sharkey Howes & Javer boosted its stake in shares of JPMorgan Chase & Co. by 1.9% in the third quarter. Sharkey Howes & Javer now owns 1,785 shares of the financial services provider’s stock valued at $563,000 after purchasing an additional 34 shares during the period. JFS Wealth Advisors LLC grew its holdings in JPMorgan Chase & Co. by 0.4% during the 2nd quarter. JFS Wealth Advisors LLC now owns 7,897 shares of the financial services provider’s stock valued at $2,290,000 after purchasing an additional 35 shares in the last quarter. Finally, Cottonwood Capital Advisors LLC grew its holdings in JPMorgan Chase & Co. by 0.9% during the 2nd quarter. Cottonwood Capital Advisors LLC now owns 3,837 shares of the financial services provider’s stock valued at $1,112,000 after purchasing an additional 35 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.
Key JPMorgan Chase & Co. News
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: Q4 beat on key metrics — JPM reported $5.23 EPS vs. consensus and $46.8B revenue, helped by strong trading and net interest income; management reiterated a resilient U.S. consumer backdrop. Q4 Results Press Release
- Positive Sentiment: Wall Street support remains — several firms (and at least one major analyst reiteration) continue to rate JPM a buy and keep elevated price targets, providing a floor under shares despite the selloff. Analyst Reiterate Buy
- Neutral Sentiment: Management flagged higher strategic spending (tech/AI, payments buildout) and signaled expense growth in 2026 — a long‑term positive for competitiveness but near‑term margin pressure. Dimon on Tech/AI Investment
- Negative Sentiment: One‑time Apple Card-related charge (~$2.2B reserve) and higher loan‑loss provisions trimmed reported profit, weighing on headlines despite the adjusted beat. Reuters: Profit Falls on Apple Card Charge
- Negative Sentiment: Investment‑banking fees unexpectedly fell versus estimates (weaker advisory/deal activity), a direct hit to a high‑margin business line and a key reason traders downgraded sentiment. WSJ: IB Fees Slip
- Negative Sentiment: Regulatory overhang — the White House proposal to cap credit‑card APRs at 10% has become a sector‑wide risk; JPM’s CFO warned it could reduce access to credit, and the possibility of policy action is pressuring bank multiples. CNBC: Credit Card Cap Coverage
- Negative Sentiment: Market reaction reflects valuation and sentiment — banks were trading at rich multiples, so even a mixed report plus policy risk triggered a broader pullback in financials that hit JPM despite fundamentals. MarketBeat: Banks Punished After Earnings
JPMorgan Chase & Co. Trading Down 1.0%
Shares of NYSE JPM opened at $307.87 on Thursday. JPMorgan Chase & Co. has a 12-month low of $202.16 and a 12-month high of $337.25. The company has a market cap of $838.10 billion, a price-to-earnings ratio of 15.39, a price-to-earnings-growth ratio of 1.52 and a beta of 1.07. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 1.27. The stock’s 50 day simple moving average is $315.52 and its 200 day simple moving average is $305.01.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last posted its earnings results on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.93 by $0.30. JPMorgan Chase & Co. had a return on equity of 17.16% and a net margin of 20.35%.The company had revenue of $46.77 billion for the quarter, compared to analysts’ expectations of $45.98 billion. During the same period last year, the business posted $4.81 earnings per share. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. Equities research analysts expect that JPMorgan Chase & Co. will post 18.1 EPS for the current year.
JPMorgan Chase & Co. Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Saturday, January 31st. Shareholders of record on Tuesday, January 6th will be paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, January 6th. JPMorgan Chase & Co.’s payout ratio is presently 29.72%.
Analysts Set New Price Targets
Several brokerages have recently weighed in on JPM. Citigroup raised their target price on JPMorgan Chase & Co. from $275.00 to $325.00 and gave the company a “neutral” rating in a research note on Wednesday, September 24th. Wall Street Zen downgraded JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Loop Capital set a $310.00 target price on JPMorgan Chase & Co. in a research note on Thursday, October 23rd. Daiwa Capital Markets lifted their price target on shares of JPMorgan Chase & Co. from $345.00 to $353.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. Finally, The Goldman Sachs Group upped their price target on shares of JPMorgan Chase & Co. from $354.00 to $386.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Fifteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $335.91.
Read Our Latest Stock Analysis on JPM
Insider Buying and Selling
In other JPMorgan Chase & Co. news, insider Robin Leopold sold 966 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $311.92, for a total value of $301,314.72. Following the sale, the insider owned 58,479 shares in the company, valued at approximately $18,240,769.68. This trade represents a 1.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.47% of the company’s stock.
About JPMorgan Chase & Co.
JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.
The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.
Featured Articles
Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).
Receive News & Ratings for JPMorgan Chase & Co. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for JPMorgan Chase & Co. and related companies with MarketBeat.com’s FREE daily email newsletter.
[ad_2]
ABMN Staff
Source link -
From Farm Boy to Billionaire, Glen Taylor Gives $100M Back to Rural America
[ad_1]
Glen Taylor attends a Minnesota Timberwolves game on March 31, 2024. Photo by David Berding/Getty Images Glen Taylor, the founder of printing company Taylor Corp., is the wealthiest person in Minnesota. His roots, however, trace back to humble beginnings on a dairy farm just outside Comfrey, Minn. Now, the 84-year-old billionaire is looking to spread his wealth across his home state—and beyond—through a new $100 million donation aimed at supporting rural communities.
Taylor is transferring farmland and securities valued at nine figures to the Taylor Family Farms Foundation, a philanthropic initiative supporting rural areas in Minnesota and Iowa. “With this latest gift, I can give back for years to come and make a positive impact on the lives of others in a region that I love so much,” said Taylor in a statement.
Taylor currently has an estimated net worth of $3.4 billion, according to Forbes. He is also the owner of the Minneapolis Star Tribune and the former majority owner of both the Minnesota Timberwolves and the Minnesota Lynx.
This isn’t the first time Taylor has used his fortune to give back. In 2023, he launched the Taylor Family Farms Foundation with roughly $173 million worth of farmland. The foundation supports three nonprofit partners: the Mankato Area Foundation, Southern Minnesota Initiative Foundation and Saint Paul & Minnesota Foundation. It also awards grants in Taylor’s key areas of interest, including child care, food insecurity, emergency medical services and outdoor recreation.
Those earlier farmland gifts have already generated millions in income, which the foundation has directed toward a range of community needs. Past donations include $100,000 to fund a new ambulance at Buena Vista Regional Medical Center in Storm Lake, Iowa, $15,000 for firefighter radios at the Storm Lake Fire Department, and $25,000 to help the Pipestone Economic Authority create a child care center in Pipestone, Minn.
Taylor’s latest farmland contributions will not simply be liquidated, but instead used to benefit local residents directly. The farmland will be made available to farmers and rented out, according to the Star Tribune, which noted that Taylor once owned nearly 18,000 acres of farmland across Minnesota and Iowa.
Taylor is not alone in channeling billionaire wealth toward rural communities. Investment banker Byron Trott, who hails from the small town of Union, Mo., last year committed $150 million to a network of universities aimed at boosting enrollment from rural students. This effort has already increased applications by 20 percent. And last December, philanthropist MacKenzie Scott donated $36 million to rural North Carolina schools like Robeson Community College and Bladen Community College.
For Taylor, the motivation is deeply personal. He credits much of his success to his upbringing in southern Minnesota, where he worked on farms and raised chickens. “The children and families of rural communities will always hold a special place in my heart because I have shared their experiences,” he said. “I can think of no better way to create opportunities for them than by working in partnership with these amazing nonprofit organizations.”
[ad_2]
Alexandra Tremayne-Pengelly
Source link -
Robinhood Markets (NASDAQ:HOOD) Coverage Initiated by Analysts at Argus
[ad_1]
Argus assumed coverage on shares of Robinhood Markets (NASDAQ:HOOD – Free Report) in a research note issued to investors on Friday morning, MarketBeat reports. The firm issued a buy rating and a $145.00 price target on the stock.
A number of other brokerages have also commented on HOOD. Truist Financial assumed coverage on Robinhood Markets in a research report on Wednesday, December 17th. They issued a “buy” rating and a $155.00 price objective on the stock. Cantor Fitzgerald decreased their price target on Robinhood Markets from $155.00 to $152.00 and set an “overweight” rating on the stock in a report on Thursday, December 11th. Citigroup boosted their price objective on Robinhood Markets from $120.00 to $135.00 and gave the stock a “neutral” rating in a report on Tuesday, September 23rd. Zacks Research lowered shares of Robinhood Markets from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Compass Point reissued a “buy” rating on shares of Robinhood Markets in a research note on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $136.62.
Check Out Our Latest Stock Report on HOOD
Robinhood Markets Stock Down 0.1%
Shares of NASDAQ HOOD opened at $115.27 on Friday. The company has a market cap of $103.65 billion, a price-to-earnings ratio of 47.83, a price-to-earnings-growth ratio of 1.75 and a beta of 2.44. Robinhood Markets has a 12-month low of $29.66 and a 12-month high of $153.86. The firm’s 50-day simple moving average is $123.32 and its 200 day simple moving average is $118.03.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.20. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the business earned $0.17 earnings per share. Robinhood Markets’s quarterly revenue was up 100.0% on a year-over-year basis. On average, equities analysts expect that Robinhood Markets will post 1.35 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Steven M. Quirk sold 49,942 shares of Robinhood Markets stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $131.15, for a total transaction of $6,549,893.30. Following the transaction, the insider owned 54,496 shares of the company’s stock, valued at $7,147,150.40. This trade represents a 47.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $121.58, for a total transaction of $1,215,800.00. Following the transaction, the insider owned 403,612 shares of the company’s stock, valued at approximately $49,071,146.96. This represents a 2.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,296,763 shares of company stock worth $414,016,996 over the last ninety days. Company insiders own 14.47% of the company’s stock.
Institutional Trading of Robinhood Markets
Several hedge funds have recently added to or reduced their stakes in HOOD. North Star Investment Management Corp. grew its stake in Robinhood Markets by 44.9% in the third quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock valued at $37,000 after acquiring an additional 79 shares during the period. First Command Advisory Services Inc. grew its position in shares of Robinhood Markets by 33.8% in the 3rd quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock valued at $46,000 after purchasing an additional 81 shares during the period. CogentBlue Wealth Advisors LLC increased its stake in Robinhood Markets by 3.8% during the 3rd quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock worth $342,000 after purchasing an additional 87 shares in the last quarter. ORG Partners LLC increased its stake in Robinhood Markets by 5.5% during the 3rd quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock worth $269,000 after purchasing an additional 97 shares in the last quarter. Finally, Golden State Wealth Management LLC raised its holdings in Robinhood Markets by 107.6% during the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after buying an additional 99 shares during the period. Institutional investors and hedge funds own 93.27% of the company’s stock.
Key Robinhood Markets News
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Argus initiated coverage with a Buy and $145 price target (roughly mid‑teens upside vs. current levels), providing fresh analyst support for the bullish case. Argus initiates coverage
- Positive Sentiment: Barclays kept an “Overweight” stance while trimming its target to $159 — still signaling sizeable upside and institutional confidence in growth prospects. Barclays lowers target to $159
- Positive Sentiment: High‑profile media/analyst notes (including Jim Cramer and Zacks pieces) are highlighting HOOD as a longer‑term growth story and as a momentum/crypto‑exposure play, which can support retail interest and trading volumes. Jim Cramer bullish on Robinhood
- Neutral Sentiment: Institutional positioning shows active adjustments (e.g., Nordea and others buying small additional stakes), leaving ownership high (~93% institutional) — this can amplify both upside and downside moves depending on flow.
- Negative Sentiment: Large insider selling: CEO Vladimir Tenev sold 375,000 shares (~$45.6M), CTO Jeffrey Pinner sold 5,864 shares, and another senior insider sold 10,000 shares — big disclosed sales that typically weigh on near‑term sentiment. CEO Form 4 CTO Form 4
- Negative Sentiment: Zacks downgraded HOOD from “strong‑buy” to “hold,” a move that can prompt momentum‑based selling and reduce near‑term buy pressure from retail/quant strategies. Zacks downgrade
- Negative Sentiment: Escalating legal dispute reported with Native American groups over prediction market activity introduces litigation and regulatory risk that could produce headlines and potential costs. Legal escalation report
About Robinhood Markets
Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.
Robinhood’s core products and services include a mobile app and web platform for trading U.S.
Featured Stories
Receive News & Ratings for Robinhood Markets Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Robinhood Markets and related companies with MarketBeat.com’s FREE daily email newsletter.
[ad_2]
ABMN Staff
Source link -
Insider Selling: Capital One Financial (NYSE:COF) Insider Sells $504,338.40 in Stock
[ad_1]
Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 2,064 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $244.35, for a total transaction of $504,338.40. Following the completion of the sale, the insider directly owned 61,373 shares of the company’s stock, valued at approximately $14,996,492.55. The trade was a 3.25% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Celia Karam also recently made the following trade(s):
- On Monday, December 1st, Celia Karam sold 2,936 shares of Capital One Financial stock. The shares were sold at an average price of $218.15, for a total transaction of $640,488.40.
Capital One Financial Stock Up 1.0%
COF stock opened at $255.77 on Friday. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $259.64. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The firm has a 50-day simple moving average of $229.89 and a 200-day simple moving average of $221.72. The stock has a market capitalization of $162.60 billion, a P/E ratio of 107.92, a P/E/G ratio of 0.57 and a beta of 1.13.
Capital One Financial (NYSE:COF – Get Free Report) last posted its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The company had revenue of $15.46 billion for the quarter. Equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.
Capital One Financial Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were given a dividend of $0.80 per share. The ex-dividend date was Monday, November 17th. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a dividend yield of 1.3%. Capital One Financial’s dividend payout ratio (DPR) is presently 135.02%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of Capital One Financial from $240.00 to $263.00 and gave the stock a “hold” rating in a report on Wednesday, December 17th. TD Cowen boosted their price target on shares of Capital One Financial from $261.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday. Robert W. Baird increased their price objective on shares of Capital One Financial from $245.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Wells Fargo & Company raised their target price on shares of Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a research note on Monday. Finally, UBS Group dropped their price target on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research report on Tuesday, October 7th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $276.25.
Check Out Our Latest Stock Report on Capital One Financial
Capital One Financial News Summary
Here are the key news stories impacting Capital One Financial this week:
- Positive Sentiment: TD Cowen raised its price target on COF to $290 and kept a Buy rating, increasing upside expectations and providing a near-term valuation catalyst. Read More.
- Positive Sentiment: Robert W. Baird published a positive report on Capital One, reinforcing analyst confidence in the franchise and supporting momentum into the stock. Read More.
- Positive Sentiment: High-profile media endorsement: Jim Cramer said “it’s not too late to buy” Capital One, which can attract retail interest and short-term buying. Read More.
- Positive Sentiment: Coverage notes multiple analyst upgrades and “litigation clarity” driving upward revisions from firms (Citi, KBW, Keefe Bruyette & Woods and others), a broader fundamental/consensus upgrade likely supporting the stock. Read More.
- Neutral Sentiment: Options activity has surged around COF, which signals elevated speculative interest and possible hedging flows — this can amplify intraday moves but is ambiguous for fundamentals. Read More.
- Neutral Sentiment: Consumer-facing coverage (card product comparisons) highlights Capital One’s product positioning; useful for long-term brand/market-share context but unlikely to move the stock on its own. Read More.
- Negative Sentiment: Large insider sale: Ravi Raghu sold 13,450 shares at roughly $250 (~30.7% reduction in his holding) — the size of this sale is the most notable and can raise questions about near-term insider conviction. Read More.
- Negative Sentiment: General Counsel Matthew W. Cooper sold 2,000 shares at $250, trimming his stake; insider disposals by senior officers can weigh on sentiment even if routine. Read More.
- Negative Sentiment: Other insider sales (Lia Dean, Celia Karam) were disclosed recently — smaller individually but collectively may temper investor enthusiasm. Read More.
Hedge Funds Weigh In On Capital One Financial
Several institutional investors and hedge funds have recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC raised its position in shares of Capital One Financial by 588,668.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after buying an additional 117,427,549 shares during the period. Vanguard Group Inc. increased its stake in Capital One Financial by 74.8% during the second quarter. Vanguard Group Inc. now owns 56,380,913 shares of the financial services provider’s stock worth $11,995,603,000 after acquiring an additional 24,129,990 shares during the last quarter. State Street Corp raised its position in Capital One Financial by 63.4% in the second quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock valued at $5,910,500,000 after purchasing an additional 10,776,843 shares during the period. Norges Bank purchased a new stake in Capital One Financial in the second quarter valued at $1,701,511,000. Finally, Geode Capital Management LLC lifted its stake in shares of Capital One Financial by 64.1% in the 2nd quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock valued at $2,970,628,000 after purchasing an additional 5,474,328 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.
Capital One Financial Company Profile
Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.
Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.
Read More
Receive News & Ratings for Capital One Financial Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Capital One Financial and related companies with MarketBeat.com’s FREE daily email newsletter.
[ad_2]
ABMN Staff
Source link
