...Ratings Affirmed: Fitch Ratings affirmed the Long-Term Issuer Default Rating (IDR) of Capital One Financial Corporation (COF) and its main bank subsidiaries at `A¡' on Oct. 4, 2016. The Rating Outlook remains Stable. The rating affirmation and Stable Rating Outlook reflect COF's continued solid earnings performance, still-good credit performance and satisfactory capital ratios for its business model. Earnings Above Peer Average: COF's ratings continue to be supported by good earnings performance, which over time has remained above the average of its large regional peer group. This is largely driven by COF's comparatively higher net interest margin (NIM), given its proportionately larger mix of higher yielding credit card receivables in its loan portfolio. COF also maintains a strong efficiency ratio relative to peers. Fitch expects this to continue given COF's significant technology investments, which should have scale benefits over time. Modest Asset Quality Pressure: COF's overall credit...
