Capital One: Attractive Despite Growing Credit Risks

2026-03-06 18:37:56 ET

Shares of Capital One Financial Corporation ( COF ) have been a modest performer over the past year, gaining about 6%. However, recent performance has been worse, with shares steadily dropping over $60 so far in 2026. There are growing concerns about the economic outlook, with job growth weak and the Iran conflict sparking a large rise in oil prices. This type of price shock could stress consumers already facing a difficult affordability environment, and with its focus on credit card lending, Capital One is very exposed to consumer credit trends. I last covered COF in October , upgrading shares to a “ B uy,” which was a very poor call, and the stock is down 17% since then. With such a changed macro picture, now is a good time to revisit shares and determine next steps....

Read the full article on Seeking Alpha

For further details see: