Staying Informed

Fitch: Flat 3Q13 Earnings for Capital One Financial

CHICAGO--(BUSINESS WIRE)--Capital One Financial's (COF) third quarter 2013 (3Q13) earnings were essentially unchanged from the sequential quarter and modestly lower from the year-ago quarter. Nevertheless, Fitch Ratings views COF's return on average assets (ROA) in 3Q13 of 1.53% as good and notes that it compares favorably to some peer banks. Overall revenue was essentially flat from the linked ...

 

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