Capital One Isn't the Bargain It Might Seem
Among the larger banks, there is one stock in particular that might not be the bargain it seems to be (at least not right now): Capital One Financial (NYSE: COF). Capital One Financial is the ninth-largest bank in the country with $472 billion in assets as of March 31. It is most familiar as one of the largest issuers of credit cards in the U.S. About 44%, or $137 billion, of its $309 billion in total loans last quarter was for credit cards.