News

U.S. credit card delinquencies and net charge-offs pulled back further in May, although pre-pandemic comparisons were mixed.
Capital One Financial (COF) credit card delinquencies and net charge-offs both declined in May, indicating that consumers' ...
Capital One credit card charge-off rates have risen 41 basis points ... a very tough position and consumption is going to start to decline if credit does not continue to expand.
Capital One has seen credit card charge-offs rise ... one analyst at JPMorgan projects a seasonal decline in net charge-offs in the middle part of this year, with a seasonal rebound in the fourth ...
Capital One Financial Corp. reported net charge offs that were higher than analysts expected as borrowers fell behind on their credit-card and auto loans. The credit card firm said net charge offs ...
Capital One (NYSE:COF) had $152.1B credit card loans outstanding at Nov. 30, 2024, up 1.0% from $150.6B at Oct. 31, 2024, and up 5.0% from $144.9B at Nov. 30, 2023. More on Capital One Financial ...
Capital One Financial Corp. today reported lower-than-expected charge-off and delinquency rates on its U.S. credit cards for February, prompting at least one securities firm to suggest credit card ...
Banks didn't show much concern about the rising net charge-offs because of a slowing trend in delinquencies. Capital One saw 30-plus ... tax refunds helped the decline, but the bank is still ...
Capital One's elevating charge-offs will eventually be offset more than most credit card lenders are typically able to. Capital One raised some lending standards, recognizing the deteriorating ...