Earnings Alerts

Capital One Financial (COF) Earnings: October Charge-Offs Rise to 5.82%, Analysts Provide Mixed Ratings

By November 15, 2024 No Comments
  • Capital One’s charge-off rate increased to 5.82% in October 2024 from 5.08% in the same period the previous year.
  • The rate of delinquencies also rose slightly to 4.61% in October 2024, up from 4.48% a year earlier.
  • In terms of analyst recommendations for Capital One, there are 10 buy ratings, 13 hold ratings, and 1 sell rating.

A look at Capital One Financial Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Capital One Financial Corporation, a diversified bank with operations both domestically and internationally, is displaying a promising long-term outlook based on Smartkarma Smart Scores. While scoring high in momentum, indicative of strong positive market trends, Capital One shows robust value, dividend, and growth scores, reflecting its solid financial performance and potential for growth. However, its resilience score is comparatively lower, suggesting some vulnerability to market fluctuations. Overall, Capital One seems well-positioned for continued success in the financial industry.

Capital One Financial Corporation, known for its extensive range of financial products and services for consumers, small businesses, and commercial clients, is receiving positive ratings across key performance factors. With a top-notch momentum score pointing towards favorable market dynamics, coupled with strong value, dividend, and growth scores, Capital One is showcasing resilience amid evolving market conditions. Operating in various states across the U.S., including Connecticut, Louisiana, New Jersey, New York, and Texas, Capital One stands out as a competitive player in the banking sector with a promising outlook for the future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars