We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Capital One Financial Corporation | NYSE:COF | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
4.95 | 3.42% | 149.56 | 149.59 | 144.19 | 144.64 | 3,796,876 | 01:00:00 |
By Melodie Warner
Capital One Financial Corp. (COF) said delinquencies at its U.S. credit-card business fell for the fourth-straight month in May from the month earlier, while charge-offs also eased.
Delinquencies and charge-offs, or loans banks don't expect to be able to collect, have continued to recover at many financial institutions, but the progress has been uneven.
Capital One's 30-day delinquency rate for U.S. credit cards fell to 3.14% last month from 3.18% in April, according to a filing with the Securities and Exchange Commission.
At its international credit-card business, the rate decreased to 4.83% from 5.01% a month earlier. Auto-loan delinquencies rose to 5.76% from 5.39%.
Charge-offs at the U.S. card business declined to 3.85% in May from 4.07% a month earlier. Internationally, the rate fell to 5.3% from 6% a month earlier. Auto financing charge-offs were up at 0.97% from 0.8%.
Capital One, which transformed from a credit-card lender to a bank just before the financial crisis hit, has lately benefited from improving credit quality and has been working to expand through acquisitions.
Write to Melodie Warner at melodie.warner@dowjones.com
1 Year Capital One Financial Chart |
1 Month Capital One Financial Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions