Fourth-largest franchise in the U.S. credit card market, with a sizable core deposit platform Enhanced geographic and asset diversification as a result of mergers and acquisitions Cyclically strong credit quality Execution challenges related to leveraging potential synergies of the ING Direct and HSBC U.S. credit card portfolio acquisitions Limited opportunities for organic growth Standard&Poor's Ratings Services' ratings outlook on Capital One Financial Corp. (Cap One) and its operating subsidiaries is stable. Our stable outlook incorporates our expectations of consistent profitability and steady credit performance. Counteracting these strengths are execution risk associated with the recently concluded large acquisitions of ING Direct's and HSBC U.S.'s card portfolios, the potential for elevated credit concerns that could emanate from recent rapid growth
RESEARCH Capital One Financial Corp. Publication date: 20-Dec-2013 Primary Credit Analyst: John K Bartko, New York (1) 212-438-7368; john.bartko@standardandpoors.com Secondary Contact: Rian M Pressman, CFA, New York (1) 212-438-2574;...
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EARNINGS ANALYSIS: Capital One Financial's Earnings And Credit Performance Are Steady And Will Likely Remain Flat – 2014/01/17 – US$ 150.00
EARNINGS ANALYSIS: Capital One Financial's Results Benefitted From Domestic Card Volume, While Credit Remained Steady – 2014/07/18 – US$ 150.00
Capital One Financial Corp. – 2014/12/22 – US$ 500.00
Summary: Capital One Financial Corp. – 2014/12/22 – US$ 225.00
Capital One Financial Corp. – 2016/01/13 – US$ 500.00
Summary: Capital One Financial Corp. – 2013/12/20 – US$ 225.00
Capital One Financial Corp. Outlook Revised To Stable From Negative As Integration Risks Subside; 'BBB' Rating Affirmed – 2013/11/26 – US$ 150.00
Research Update: Capital One Financial Corp. Outlook Revised To Stable From Negative As Integration Risks Subside; 'BBB' Rating Affirmed – 2013/11/26 – US$ 225.00
EARNINGS ANALYSIS: Capital One's Earnings Should Remain Stable And Asset Quality Should Improve, Despite Higher Expenses – 2013/10/18 – US$ 150.00
EARNINGS UPDATE: Capital One Financial Corp. Rating Unaffected By Good Second-Quarter Results – 2013/07/19 – US$ 150.00
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