Capital One Financial Corp

Most Recent

  • capital one stock
    Financials

    Does Capital One Stock Still Pay Dividends Amid the COVID-19 Pandemic?

    By Ambrish Shah
  • uploads///amazon
    Company & Industry Overviews

    Amazon Last Week: Conflicting Drivers and a Slight Fall

    Last week was slightly downbeat for Amazon (AMZN), which fell 1%. The stock was at its weekly high of $1,815 on November 4 and its weekly low on November 8.

    By Shankar Iyer
  • uploads///Capital One hack
    Company & Industry Overviews

    Why the Capital One Hack Is Becoming Amazon’s Headache

    Capital One (COF) disclosed that it suffered a major data breach, with the hack exposing the personal data of 106 million customers in the US and Canada.

    By Ruchi Gupta
  • uploads///art big data blur
    Company & Industry Overviews

    Amazon Cloud’s Rise Has Drawn the Fed’s Attention

    Some of the top US financial services companies host their data on Amazon’s cloud. Amazon’s rise in the financial sector has caught the Fed’s attention.

    By Ruchi Gupta
  • uploads///AdobeStock_
    Company & Industry Overviews

    Why You Should Care about the Capital One Data Breach

    Capital One announced yesterday that a data breach occurred in March. It affected about 100 million people in the US and 6 million in Canada.

    By Anuradha Garg
  • uploads///aalysts
    Company & Industry Overviews

    Will Analysts Stay Optimistic about Visa Stock?

    In the fiscal third quarter, Visa (V) witnessed strong growth on a YoY (year-over-year) basis in all its primary business metrics.

    By Raymond Anderson
  • uploads///v pay vol debit pro
    Company & Industry Overviews

    What Fueled Visa’s Payment Volumes in Fiscal Q3 2018?

    In the third quarter, Visa (V) witnessed a rise in payment volumes from the United States on a sequential basis from 10.1% to 10.5%.

    By Raymond Anderson
  • uploads///open sign _
    Company & Industry Overviews

    Understanding Visa’s Views on Europe and India

    Visa (V) posted total payment volumes amounting to $2.1 trillion in its fiscal third quarter.

    By Raymond Anderson
  • uploads///ma post
    Company & Industry Overviews

    How Mastercard’s Gross Dollar Volumes and Net Revenues Trended

    In the second quarter, Mastercard (MA) witnessed total gross dollar volumes (or GDV) of $1.5 trillion.

    By Raymond Anderson
  • uploads///
    Company & Industry Overviews

    Is Square Building a Bank Killer?

    Pulling its application for an industrial bank license doesn’t mean that Square has put its ambitions to challenge traditional banks on ice.

    By Neha Gupta
  • uploads///dfs post
    Earnings Report

    Discover Financial’s Q2 2018: Total Loans Grew 9% Year-over-Year

    On July 26, Discover Financial Services (DFS) released its earnings report for the second quarter.

    By Raymond Anderson
  • uploads///american express cards credit
    Earnings Report

    Visa Posts Strong Fiscal Q3 2018 Results: Payments Volume Rose

    On July 25, Visa (V) posted its third fiscal quarter results. The company posted an EPS of $1.20, which exceeds Wall Street analysts’ expectations.

    By Raymond Anderson
  • uploads///V pre
    Earnings Report

    Visa’s Payments Volumes Could Fuel Its Growth

    On July 25, Visa (V) is scheduled to report its results for the third fiscal quarter. Analysts expect Visa to post an EPS of $1.09.

    By Raymond Anderson
  • uploads///Ma pre
    Earnings Report

    Mastercard’s Q2 Preview: Spending, Macro Data Could Be Drivers

    Mastercard (MA) is set to release its second-quarter earnings report on July 26. What can we expect?

    By Raymond Anderson
  • uploads///cof post
    Earnings Report

    Capital One’s Net Interest Margin Fell in the Second Quarter

    Capital One Financial (COF) posted second-quarter results on July 19.

    By Raymond Anderson
  • uploads///rel val
    Financials

    A Look at Capital One’s Valuations

    Capital One Financial Corporation’s (COF) PE (price-to-earnings) ratio is 8.77x on an NTM basis compared to its competitors’ average PE ratio of 20.79x.

    By Raymond Anderson
  • uploads///DFS NII
    Financials

    What to Expect from Payment Processing Companies in H2 2018

    In the first quarter, Capital One’s net income totaled $1.3 billion while Discover’s net income reached $666.0 million.

    By Raymond Anderson
  • uploads///AXP pre
    Earnings Report

    American Express in Q2: Drivers Could Be Loan Growth, Spending

    On July 18, American Express (AXP) is expected to report its Q2 2018. Analysts expect EPS to be $1.82 compared to $1.86 in the first quarter.

    By Raymond Anderson
  • uploads///COF pre
    Earnings Report

    Capital One’s Q2: Expectations Amid Trade Wars, Improved Economy

    Capital One (COF) is expected to release its Q2 2018 earnings on July 19. Analysts expect EPS of $2.68, a YoY rise of 38.1%.

    By Raymond Anderson
  • uploads///analysts
    Company & Industry Overviews

    What Factors Could Influence Analysts’ Ratings on Discover?

    Growing trade tensions are a primary concern, as they could impact the performances of Discover Financial Services (DFS) and its peers.

    By Raymond Anderson
  • uploads///TR
    Company & Industry Overviews

    What Discover Financial Has in Mind Moving Forward

    Discover Financial Services (DFS) generated net interest income amounting to $2.1 billion in the first quarter.

    By Raymond Anderson
  • uploads///cons
    Financials

    What’s Affected Consumer Finance Companies Recently?

    On June 25, the Dow Jones Industrial Average saw strong downward pressure primarily due to escalating US-China trade tensions.

    By Raymond Anderson
  • uploads///analysts
    Company & Industry Overviews

    How Analysts View American Express Stock

    In June, eight of the 32 analysts covering the stock have given it a “buy” rating, and two analysts have given it a “strong sell.”

    By Raymond Anderson
  • uploads///GCS
    Company & Industry Overviews

    American Express Global Commercial Services: What Could Impact It

    American Express’s (AXP) Global Commercial Services segment’s non-interest revenues rose 9% YoY in the first quarter.

    By Raymond Anderson
  • uploads///axp
    Company & Industry Overviews

    American Express: What the Second Quarter Holds

    The second quarter could be beneficial for American Express (AXP) due to an expected rise in consumer loans and transactions.

    By Raymond Anderson
  • uploads///NOR
    Company & Industry Overviews

    Understanding Visa’s Service Revenue and Visa Direct

    In fiscal Q3 2018, Visa’s (V) service revenue could rise YoY (year-over-year) due to its payment volumes rising YoY in fiscal Q2 2018.

    By Raymond Anderson
  • uploads///analysts
    Company & Industry Overviews

    Analysts’ Views on Visa Stock

    Analysts still love Visa (V) stock, primarily because of its strong outlook.

    By Raymond Anderson
  • uploads///rel val
    Company & Industry Overviews

    A Look at Visa’s Valuation

    Visa’s (V) NTM (next-12-month) and LTM (last-12-month) price-to-book ratios are 7.6x and 8.9x, respectively.

    By Raymond Anderson
  • uploads///visa
    Company & Industry Overviews

    Assessing Visa’s Growth Drivers

    Visa’s (V) performance is expected to be primarily driven by spending trends, electronic payment adoption, and tapping into areas where many payments are still made in cash.

    By Raymond Anderson
  • uploads///Direct bank int
    Company & Industry Overviews

    Discover’s Direct Banking Segment: More Credit Card Loans?

    Discover Financial Services’ (DFS) Direct Banking segment generates most of its interest income from credit card loans.

    By Raymond Anderson
  • uploads///market cap
    Company & Industry Overviews

    Discover’s Payment Services Division: What to Expect

    At the end of the first quarter, Discover Financial’s Payment Services segment saw total volumes of $88.4 billion.

    By Raymond Anderson
  • uploads///rel val
    Company & Industry Overviews

    A Look at Capital One’s Discounted Valuations

    Capital One’s (COF) price-to-earnings ratio stood at ~9.1x on an NTM basis compared to the average of its peers of ~16.7x.

    By Raymond Anderson
  • uploads///retail
    Company & Industry Overviews

    What Could Affect Capital One’s Consumer Banking Business in Q2?

    Capital One’s (COF) Consumer Banking business generated total net revenues of ~$1.8 billion in the first quarter for a YoY increase of 4.0%.

    By Raymond Anderson
  • uploads///credit card
    Company & Industry Overviews

    Capital One’s Credit Card Business: What’s Expected?

    Capital One’s Credit Card segment generated total net revenues of ~$4.4 billion in Q1 2018, compared to ~$4.1 billion in Q1 2017, reflecting an 8.0% YoY increase.

    By Raymond Anderson
  • uploads///commercial
    Company & Industry Overviews

    Capital One’s Commercial Banking Business amid Reduced Taxes

    Capital One’s (COF) Commercial Banking segment generated total net revenues of $723.0 million in Q1 2018, compared to $724.0 million in Q1 2017.

    By Raymond Anderson
  • uploads///COF
    Company & Industry Overviews

    Capital One Financial Declined on April 25

    After gaining for two consecutive trading weeks, Capital One Financial started this week on a weaker note and declined as the week progressed.

    By Val Kensington
  • uploads///GT
    Company & Industry Overviews

    Why Did Goodyear Tire & Rubber Decline on April 25?

    Goodyear Tire & Rubber (GT), which is an American multinational tire manufacturing company, was among the S&P 500’s top losses on April 25.

    By Val Kensington
  • uploads///DY
    Company & Industry Overviews

    A Look at Discover’s Direct Banking Segment

    Discover Financial Services’ (DFS) Direct Banking segment generated pretax income of $3.4 billion in 2017.

    By Raymond Anderson
  • uploads///sweet ice cream photography  unsplash
    Company & Industry Overviews

    What’s Expected from Discover Financial in 1Q18?

    Wall Street analysts gave a high estimate of $2.02 and a low estimate of $1.65 on Discover’s earnings per share for 1Q18.

    By Raymond Anderson
  • uploads///
    Company & Industry Overviews

    Where Would An Amazon Banking Service Fit?

    Amazon (AMZN) is exploring launching a banking service that would appeal to young people and those without traditional bank accounts, according to recent reports by The Wall Street Journal and Bloomberg.

    By Neha Gupta
  • uploads///repurchases
    Company & Industry Overviews

    JPMorgan Chase’s Higher Payout Ratio Is Likely to Continue in 2018

    JPMorgan Chase (JPM) has rewarded shareholders with higher yields and repurchases in 2017.

    By Robert Karr
  • uploads///
    Company & Industry Overviews

    Understanding Amazon Bank—And PayPal’s Dream

    For Amazon, PayPal, and Square, supplying credit to customers is a good way to get customers to spend more. It’s also a way to deepen customer relationships.

    By Ruchi Gupta
  • uploads///Analysts
    Financials

    How Wall Street Views these Consumer Financial Companies

    In February 2018, Discover Financial Services (DFS) was covered by 25 analysts, of whom nine suggested a “strong buy” and five recommended a “hold” on the stock.

    By Raymond Anderson
  • uploads///NPAs
    Company & Industry Overviews

    Will Wells Fargo Alter Its Underwriting Guidelines for Its Loan Book?

    The Trump administration is seeking amendments in the Dodd-Frank Act in a bid to push for reduced regulations for banks and insurance companies.

    By Robert Karr
  • uploads///rel val
    Earnings Report

    What’s behind E*TRADE’s Lower Valuations?

    Wall Street analysts gave a one-year target on E*TRADE Financial of $62.25, reflecting an ~18.1% increase from the current price of $52.70.

    By Raymond Anderson
  • uploads///repurchases
    Company & Industry Overviews

    JPMorgan Chase’s Shareholder Payouts Rise on Strong Buybacks

    In 4Q17, JPMorgan Chase (JPM) returned $6.7 billion to shareholders in the form of dividends and repurchases, compared to $4.5 billion in 3Q17.

    By Robert Karr
  • uploads///net income margin
    Earnings Report

    A Look at the Trend in American Express’s Total Revenues

    American Express’s (AXP) total revenues (net of interest expense) were $8.8 billion in 4Q17 compared to $8 billion in 4Q16.

    By Raymond Anderson
  • uploads///ROA
    Earnings Report

    Understanding American Express’s Global Merchant Services Segment

    American Express’s (AXP) Global Merchant Services segment saw a rise in non-interest revenues from $1.06 billion in 4Q16 to $1.14 billion in 4Q17.

    By Raymond Anderson
  • uploads///GCS income
    Earnings Report

    American Express’s Global Commercial Services: Net Income in 4Q17

    American Express’s (AXP) Global Commercial Services segment saw a substantial rise of 52% in net income, from $382 million in 4Q16 to $580 million in 4Q17.

    By Raymond Anderson
  • uploads///analysts
    Company & Industry Overviews

    What Analysts Have to Say about American Express

    In December 2017, American Express (AXP) is being tracked by 30 analysts. Five of them are suggesting a “strong buy” for the stock, and 16 are suggesting a “hold.”

    By Raymond Anderson
  • uploads///Rel val
    Company & Industry Overviews

    Why American Express Has Premium Valuations

    On an NTM (next 12-month) basis, American Express (AXP) has a PB (price-to-book) ratio of 3.92x. The average for its peers is 2.16x.

    By Raymond Anderson
  • uploads///ROE
    Company & Industry Overviews

    American Express Continues to Share Marriot’s Program

    American Express (AXP) and JPMorgan Chase (JPM) have finally sealed a deal with Marriott International (MAR) for its credit card program.

    By Raymond Anderson
  • uploads///ROA
    Company & Industry Overviews

    American Express: Income Rise for Global Merchant Services

    In the first three quarters of 2017, American Express’s (AXP) Global Merchant Services division rose 7% in income compared to the same period in 2016.

    By Raymond Anderson
  • uploads///BVPS
    Company & Industry Overviews

    How American Express’s Global Commercial Services Performed

    The Global Commercial Services division of American Express (AXP) posted total revenues after the deduction of interest expenses of $7.6 billion in the first three quarters of 2017.

    By Raymond Anderson
  • uploads///operating margin
    Company & Industry Overviews

    Analyzing American Express’s Total Expenses

    In the first three quarters of 2017, American Express (AXP) posted total expenses of $17.1 billion compared to $15.7 billion during the same period of 2016.

    By Raymond Anderson
  • uploads///NPAs
    Company & Industry Overviews

    Wells Fargo’s Asset Quality Improving on Stricter Guidelines

    In 3Q17, Wells Fargo saw its non-accrual loans fall to $8.6 billion, or 0.91% of its total loans, compared to $9.1 billion, or 0.95% of its total loans, on June 30, 2017.

    By Robert Karr
  • uploads///total cash per share
    Earnings Report

    Why American Express’s Total Expenses Rose in 3Q17

    American Express (AXP) incurred total expenses of $5.8 billion in 3Q17 compared to $5.5 billion in 3Q16, which reflects a 6.0% rise.

    By Raymond Anderson
  • uploads///DY
    Earnings Report

    What Made American Express’s Total Revenues Rise in 3Q17?

    After making adjustments related to foreign exchange, American Express (AXP) saw a YoY (year-over-year) rise of 8.0% in revenues for 3Q17.

    By Raymond Anderson
  • uploads///profit margin
    Earnings Report

    American Express’s Global Merchant Services Division’s Revenues

    American Express’s (AXP) Global Merchant Services division has seen a marginal rise of 4.0% on a YoY (year-over-year) basis for its total 3Q17 revenues.

    By Raymond Anderson
  • uploads///Total debt
    Earnings Report

    Inside American Express’s Global Commercial Services Division

    Total 3Q17 revenues for American Express’s (AXP) Global Commercial Services division were $2.6 billion in 3Q17 compared to $2.4 billion in 3Q16, reflecting a 6.0% rise.

    By Raymond Anderson
  • uploads///Repurchases
    Earnings Report

    JPMorgan Chase Rewards Shareholders with $6.5 Billion in 3Q17

    JPMorgan Chase’s $6.5 billion payout forms ~2% of the bank’s total market capitalization.

    By Robert Karr
  • uploads///consumer banking revenue and net income
    Earnings Report

    Capital One Records Strong Growth in Auto Lending in 1Q15

    Capital One’s (COF) Consumer Banking segment’s ending loans were up ~1% YoY in 1Q15, as the growth in auto loans was offset by runoff in the mortgage portfolio.

    By Rekha Khandelwal, CFA
  • uploads///period end common shares os
    Earnings Report

    Capital One Is Focused on Share Repurchases

    Capital One repurchased 5.4 million shares in 1Q15—representing 1% of the its total outstanding shares. Its strategic priorities for 2015 haven’t changed.

    By Rekha Khandelwal, CFA
  • uploads///dividend yield
    Company & Industry Overviews

    A Look at Mastercard’s Dividends

    In 1H16, Mastercard (MA) used net cash of $2.3 billion for its financing purposes. In 1H17, it was $2.5 billion for the same purpose.

    By Raymond Anderson
  • uploads///ROE
    Company & Industry Overviews

    Insights into Mastercard’s Total Assets and Total Liabilities

    Mastercard (MA) reported total assets of $19.8 billion as of June 30, 2017, and $18.7 billion as of December 31, 2016.

    By Raymond Anderson
  • uploads///return on assets
    Company & Industry Overviews

    Mastercard Witnesses Rise in Net Income

    In 1H16, Mastercard (MA) reported net income of $1.9 billion. In 1H17, it was $2.3 billion, reflecting a substantial rise of 16.5%.

    By Raymond Anderson
  • uploads///rel val
    Company & Industry Overviews

    Could Amex Recover from Its Discounted Valuation?

    Lower valuation Wall Street analysts expect American Express (AXP) stock to reach $89.50 within one year. This estimate represents a 3.3% price increase. The company’s US consumer services division’s income fell substantially between 1H16 and 1H17. However, the company managed to reduce its marketing, promotion, and other expenses in its global merchant services division. American […]

    By Raymond Anderson
  • uploads///
    Company & Industry Overviews

    Why PayPal Views the Zelle Threat Differently

    PayPal (PYPL) may be bracing for more competition as banks have put their differences aside to launch a common P2P (peer-to-peer) payment platform called Zelle.

    By Ruchi Gupta
  • uploads///fINAN
    Company & Industry Overviews

    Financials Sector: Supported by Upward Revision in US GDP

    After pulling back briefly on March 29, the financials sector regained strength and led the market rally on March 30.

    By Val Kensington
  • uploads///JPM Dividends
    Company & Industry Overviews

    JPMorgan Chase’s Shareholder Rewards and Dividend Yield

    The Federal Reserve approved JPMorgan Chase’s (JPM) capital plans for 2016 after it cleared its annual stress test in June.

    By Rebecca Keats
  • uploads///JPM Dividend yidlds
    Earnings Report

    How Is JPMorgan Creating Shareholder Value?

    The Federal Reserve approved JPMorgan Chase’s (JPM) capital plans for 2016 after it passed the annual stress test. The bank said it would keep its dividends constant.

    By Rebecca Keats
  • uploads///WFC Capital return
    Company & Industry Overviews

    Wells Fargo: Capital Return Outpaces Its Peers

    Wells Fargo (WFC) added 350 million shares to its share repurchase authorization in January 2016.

    By Rebecca Keats
  • uploads///BAC dividends
    Company & Industry Overviews

    Inside Bank of America’s Shareholder Value Strategy

    For 1Q16, Bank of America announced a dividend of $0.05 per share—flat on a quarterly and YoY basis—which translates to a dividend yield of 1.4%.

    By Rebecca Keats
  • uploads///Citi dividends
    Earnings Report

    Will Citigroup Raise Its Dividends in 2016?

    Citigroup is currently one of the stocks paying the lowest dividends in the banking space (KBE). In 2015, the company paid dividends of $0.16 per share.

    By Rebecca Keats
  • uploads///
    Earnings Report

    Customer Spending Slowdown Has Driven Tableau’s Weak Guidance

    Tableau projected revenues for 2016 to be between $830 million and $850 million, lower than its previous forecast of between $845 million and $865 million.

    By Adam Rogers
  • uploads///COF Capital ratios
    Earnings Report

    Weighing Capital One’s Capital Greatest Strengths after 4Q15

    Capital One Financial continued to work on maintaining strong capital ratios and liquidity during the fourth quarter of 2015.

    By Rebecca Keats
  • uploads///COF Efficiency ratio
    Earnings Report

    Capital One’s Focus on Efficiency Is Driving Profitability during Tough Times

    Capital One’s efficiency ratio was 56.2% for 4Q15, which is slightly lower than the 56.5% the company saw in 4Q14. With efficiency ratios, lower is better.

    By Rebecca Keats
  • uploads///COF Segments
    Earnings Report

    Capital One by Segment in 4Q15

    In 4Q15, Capital One’s non-performing loans in its Commerical Banking segment increased to $550 million due to downgrades of oil and gas loans.

    By Rebecca Keats
  • uploads///Mkt cap analysis
    Company & Industry Overviews

    Small-Cap Financials Underperformed Large-Caps Last Week

    Larger-cap stocks, above $10 billion, make up 87.3% of the Financial Select Sector SPDR Fund (XLF). These stocks have lost 8% in the past year.

    By Rebecca Keats
  • uploads///Chart
    Macroeconomic Analysis

    Financial Sector Catches a Rate Hike Tailwind on December 4

    The financial sector gained big on December 4 as the prospects of a rate hike increased following the day’s jobs report.

    By Renee Blakely
  • uploads///Dec hike
    Company & Industry Overviews

    Why Are Market Participants Concerned about December 2015?

    The addition of “at its next meeting” in the FOMC’s October statement has led market participants to believe that a rate hike may be effected in its December meeting.

    By David Ashworth
  • uploads///High Yield and Investment Grade Bond Yields in the US
    Macroeconomic Analysis

    What Bond Yields and Indices Are Telling Investors

    Yields, as measured by the BofA Merrill Lynch US High Yield Master II Effective Yield, have been 6%–8.2% YTD in 2015. The yields rose since May 2015.

    By David Ashworth
  • uploads///US Investment Grade Bond Fund Flows
    Fund Managers

    Investment-Grade Bond Funds Witnessed Inflows for the Third Week

    The flows into investment-grade bond funds were positive for the week ending October 28. This was the third consecutive week of inflows.

    By Lynn Noah
  • uploads///Total IG Bond Issuance for WE October
    Fund Managers

    Microsoft Led the High-Grade Bond Issuance Last Week

    US corporates were the biggest issuers of high-grade bonds in the week ending October 30. They accounted for 67.1%, or $25.7 billion, of all the issues.

    By Lynn Noah
  • uploads///US Investment Grade Bond Market Issuance
    Macroeconomic Analysis

    Why Did Investment-Grade Corporate Bonds’ Issuance Rise?

    There were investment-grade corporate bonds worth $38.2 billion issued in the primary market in the week ending October 30—the highest since September 18.

    By Lynn Noah
  • uploads///ccdcecefebadad
    Earnings Report

    Capital One Shares Rally 8.3% after Earnings Beat Estimates

    Capital One Financial (COF) delivered better-than-expected third quarter earnings on October 22 after markets closed.

    By Rebecca Keats
  • uploads///COF NIMS
    Earnings Report

    Key Takeaways from Capital One’s Earnings Call

    Capital One Financial’s management scheduled a conference call on October 22 to discuss third quarter earnings and provide guidance for 4Q15 and 2016.

    By Rebecca Keats
  • uploads///Regulations
    Macroeconomic Analysis

    Assessing Market Regulations: Headed for a Liquidity Crunch?

    Some market participants point out that regulations give cause for worry about bond market liquidity because they hinder banks’ market-making capabilities.

    By David Ashworth
  • uploads///Slack in the US Labor Market
    Macroeconomic Analysis

    When Can Labor Market Slack Affect Your Mutual Fund Investments?

    Labor market slack refers to the underutilization of available workforce. One of the indicators that shows whether there’s slack in the labor market is the labor force participation rate.

    By David Ashworth
  • uploads///aadeaedfedaaf
    Earnings Report

    Capital One Financial’s Earnings Disappoint Wall Street Analysts

    Shares of Capital One Financial (COF) tumbled 13.33% during the week ended July 27 due to an earnings miss.

    By Rebecca Keats
  • uploads///dbdfbbecffdeeffe
    Earnings Report

    Navient Stock Fell Drastically in the Week Ending July 17

    Analysts on the street have revised their EPS estimates for Navient downward seven times in the past month. On Friday, Navient closed at $16.86.

    By Rebecca Keats
  • uploads///Revolving consumer credit outstanding
    Macroeconomic Analysis

    Growth in Revolving Credit Is Encouraging for Card Companies

    The latest Federal Reserve data on consumer credit were released on July 8, 2015. There was 2.10% growth in the revolving consumer credit levels in May.

    By Rekha Khandelwal, CFA
  • uploads///P
    Company & Industry Overviews

    Banks and REITs: Performance Still Diverging

    Banking stocks within the Financial Select Sector SPDR Fund (XLF) fell by 0.81% in the week ending June 19, in line with the Dow Jones U.S. Banks Index, which fell by 0.7% that week.

    By Rebecca Keats
  • uploads///C
    Company & Industry Overviews

    Small-Cap Firms Outperform Large-Cap Firms in a Bull Market

    Large-cap banking stocks make up 45.9% of the XLF portfolio. These stocks fell by 0.77% last week. And YTD, small-cap banking stocks have risen by 9.13%.

    By Rebecca Keats
  • uploads///weekly yoy deposits growth for all us commercial banks
    Macroeconomic Analysis

    Bank Deposits Grow by 5.4% in First Week of June

    June 12 data from the Fed According to the latest Federal Reserve data released on June 12, total deposits at all US commercial banks in the week ending June 5 increased by 5.4% YoY (year-over-year). Deposits grew by 5.6% YoY in the previous week. Total deposits account for 85% of US banks’ funding. As the above graph shows, […]

    By Rekha Khandelwal, CFA
  • uploads///consumer loans weekly yoy growth
    Macroeconomic Analysis

    Consumer Loans at Banks Continue to Grow in June

    Credit card loans account for nearly half of the total consumer loans at commercial banks. Card loans grew by 4.1% YoY in the week.

    By Rekha Khandelwal, CFA
  • uploads///personal consumption and saving
    Macroeconomic Analysis

    Consumers Spending Stays Flat in April: A Bad Sign for Banks

    Despite higher incomes, the savings rate increased to 5.6% in April from 5.2% in March. Flat consumer spending isn’t a good sign for banks.

    By Rekha Khandelwal, CFA
  • uploads///personal consumption and saving
    Macroeconomic Analysis

    Higher Consumer Spending in March Should Benefit Banks

    One of the main reasons consumer spending remained low in the first quarter of 2015 is probably the harsh winter. Consumers are also not very confident about the overall economy.

    By Rekha Khandelwal, CFA
  • uploads///period end common shares outstanding
    Earnings Report

    Discover Financial Increases Dividends in 1Q15

    During 1Q15, Discover repurchased ~6 million shares of common stock. This resulted in a 1% decline in the common stock outstanding from the previous quarter.

    By Rekha Khandelwal, CFA
  • uploads///BAC
    Fund Managers

    Ascend Capital’s Increased Position in Bank Of America

    Ascend Capital increased its position in Bank of America by over $18 million. It represented 1.11% of the total portfolio in 4Q14—up from 0.32% in the third quarter.

    By Adam Rogers
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.