Richard Fairbank

Capital One CEO Says Discover Acquisition Will Build ‘Something Special’

Capital One CEO Says Discover Acquisition Will Build ‘Something Special’
Capital One CEO Says Discover Acquisition Will Build ‘Something Special’
April 22, 2025  |  Banking

With less than one month to go before its acquisition of Discover Financial Services, Capital One is on track to deliver synergies and forge an...

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‘Minimum-Payment Effect’ Covers Growing Number of Credit Card Users
‘Minimum-Payment Effect’ Covers Growing Number of Credit Card Users
January 26, 2025  |  Consumer Finance

For American consumers, making minimum monthly credit card payments is becoming the norm. Get the Full Story Complete the form to unlock this article and...

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Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%      
Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%      
January 21, 2025  |  Banking

Capital One’s fourth quarter results, released after the market closed on Tuesday (Jan. 21), indicated that consumers continue to spend on their cards, and stripping...

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CapOne CEO Says Consumers in ‘Good Shape’ as Card Purchases Surge
CapOne CEO Says Consumers in ‘Good Shape’ as Card Purchases Surge
October 24, 2024  |  Earnings

Capital One’s most recent quarterly earnings, posted Thursday (Oct. 24) after the bell, indicated that cardholders continued to embrace credit as a key payment method,...

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Capital One’s Profit Eroded by Walmart Deal Collapse, Discover Uncertainty
Capital One’s Profit Eroded by Walmart Deal Collapse, Discover Uncertainty
July 23, 2024  |  Earnings

It’s earnings season for America’s biggest financial services companies and institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Capital One Reports Delinquency Rate Back to Pre-Pandemic Level
Capital One Reports Delinquency Rate Back to Pre-Pandemic Level
October 26, 2023  |  Consumer Finance

The delinquency rate in Capital One’s domestic card business continued to rise in the third quarter and has returned to its pre-pandemic level. Get the Full...

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JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
June 13, 2023  |  Banking

The banking industry is facing several challenges concerning consumer deposits, according to Jennifer Piepszak, co-CEO of JPMorgan Chase’s consumer and community banking unit.  Get the Full...

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Capital One Misses 4Q Estimates As Net Charge-Offs Grow
Capital One Misses 4Q Estimates As Net Charge-Offs Grow
January 24, 2018  |  Earnings

Capital One missed estimates, adjusted for impact of the tax bill that was signed last year as loans grew across cards and autos, but credit...

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