Capital One (COF) Well Poised On Solid Credit Card Business
Zacks Investment Research | Jan 04, 2018 08:48PM ET
On Jan 4, 2018, we issued an updated research report on Capital One Financial Corporation (NYSE:COF) . Driven by loan growth and strength in its credit card and online banking businesses, the company remains well positioned for top-line improvement. While, mounting expenses and deteriorating asset quality might hurt bottom-line growth, given a solid liquidity position, the company is expected to continue enhancing shareholder value through efficient capital deployment activities.
The company’s price performance also looks encouraging. Its shares have gained 14.5% in the past year, outperforming 6.3% growth for the Zacks Investment Research
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