Professional
Added to YB: 2024-11-20
Pitch date: 2024-09-30
COF [bullish]
Capital One Financial Corporation
+61.5%
current return
Author Info
No bio for this author
Company Info
Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom.
Market Cap
$132.1B
Pitch Price
$147.29
Price Target
N/A
Dividend
1.54%
EV/EBITDA
N/A
P/E
86.41
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
Bronte Capital Amalthea Fund Portfolio Holding: Capital One Financial Corporation
COF: Acquiring Discover for network, not card biz. Synergies from moving COF cards to Discover network. 2026 EPS $18 (at $150/sh). Long-term growth from high-end transactors shift. Network upgrades needed. Holding DFS for merger arb. 3% position due to subprime risk. Potential decade of earnings growth without added capital/credit risk.
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