FIN.PS
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"title": "Capital One profit misses estimates as loan write-offs climb",
"description": "Capital One, like Discover, is showing signs of greater stress in its loan portfolio. Credit-card write-offs totaled $2.2 billion in the first quarter, a 61% increase from a year earlier.",
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"snippet": "A Capital One bank branch in New York. Yuki Iwamura/Bloomberg\n\n(Bloomberg) --Capital One Financial Corp. posted a first-quarter profit that missed Wall Street e...",
"url": "https://www.americanbanker.com/articles/capital-one-profit-misses-estimates-as-loan-write-offs-climb",
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"published_at": "2024-04-25T21:55:30.000000Z",
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"highlight": "The stock had climbed 11% this year through the close of regular trading Thursday, outpacing the 8.6% advance for the 71-company S&P 500 <em>Financials</em> <em>Index</em>.\n\nCapital One, like Discover, is showing signs of greater stress in its loan portfolio. Credit-card write-offs totaled $2.2 billion in the first quarter, a 61% increase from a year earlier.",
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Exchange
- Philippine Stock Exchange
- index
- N/A
- ph