Shares of Capital One Financial Corp could climb significantly if investors look beyond its well-known credit card arm to see the bank within it, according to Barron’s Dec. 7 edition. “Now, Capital One has more than 520 bank branches, primarily on the East Coast, and almost $250 billion in customer deposits,” Barron’s said. Capital One shares, which closed at $101.38 on Friday in New York, are priced at about 8.3 times 2020 earnings estimates of $11.93 a share, Barron’s said. …read more
Source:: Yahoo Finance
