Morning Interest
CURATED BYPaul Ivinskas

Companies

Capital One

Ticker COF. Card issuer and bank; owner of Discover since 2025.

5 items in 4 issues, Oct 24, 2026 to Nov 7, 2026, newest first. Each item links to the issue it ran in, where its sources are listed.

Related: SynchronyFintech and new entrants

November 2026

  • Sat, Nov 7 · Charges

    Rate caps return. Bipartisan bills in both chambers would cap card rates at 10%, against average APRs above 20%, and Democratic gains put Warren in line to lead the Senate Banking Committee and Rep. Maxine Waters the House Financial Services Committee. Synchrony lost 2.1% for the week and Capital One 1.5%.

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  • Wed, Nov 4 · Banks & charters

    Bank stocks. Banks held their gains by mid-morning, with KBE up 2.0%, KRE up 2.1% and JPMorgan up 3.7%, and Amex rose 2.2%. Card lenders went the other way: Capital One fell 2.6% and Synchrony 2.5%, which Reuters tied to rate-cap worries; TD Cowen expects any final cap to land closer to 36% than 10% and says it could hit fintechs harder than banks. Strategists read the result as gridlock, and American Banker expects bold financial legislation to stall.

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October 2026

  • Sat, Oct 31 · Cards & payments

    Card lenders lag. In Friday's sell-off, bank ETFs fell about 1% (KBE -1.1%, KRE -1.2%), but consumer lenders fell harder: OneMain -4.7%, Atlanticus -4.8%, Citi -3.1%, Synchrony -2.1%, Capital One -2.1%. Fintech lenders were weaker still, with SoFi -4.8% and Upstart -7.2% (Interactive Brokers late-Friday quotes).

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  • Sat, Oct 31 · Fintech & funding

    Overwatch Data. Raised a $15M Series A led by Mouro Capital, with Visa Ventures and Capital One Ventures investing strategically, for AI-driven fraud and risk intelligence.

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  • Sat, Oct 24 · Earnings

    Capital One Q3. EPS of $5.61 (vs $4.83). Domestic card net charge-offs were 3.98% (from 4.63% a year ago), and purchase volume rose 11% to $250B. Discover network volume rose 25% to $190.9B, and Discover integration costs were $338M.

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