Latest news with #CapitalOne
Yahoo
9 hours ago
- Business
- Yahoo
Has ACNB (ACNB) Outpaced Other Finance Stocks This Year?
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. ACNB (ACNB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question. ACNB is a member of our Finance group, which includes 870 different companies and currently sits at #2 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ACNB is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for ACNB's full-year earnings has moved 14.4% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Based on the most recent data, ACNB has returned 9.7% so far this year. Meanwhile, stocks in the Finance group have gained about 8.9% on average. This means that ACNB is performing better than its sector in terms of year-to-date returns. Another stock in the Finance sector, Capital One (COF), has outperformed the sector so far this year. The stock's year-to-date return is 23.8%. For Capital One, the consensus EPS estimate for the current year has increased 0.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, ACNB is a member of the Banks - Southwest industry, which includes 19 individual companies and currently sits at #47 in the Zacks Industry Rank. This group has gained an average of 6.2% so far this year, so ACNB is performing better in this area. On the other hand, Capital One belongs to the Financial - Consumer Loans industry. This 15-stock industry is currently ranked #155. The industry has moved +21.3% year to date. Investors with an interest in Finance stocks should continue to track ACNB and Capital One. These stocks will be looking to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ACNB Corporation (ACNB) : Free Stock Analysis Report Capital One Financial Corporation (COF) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 hours ago
- Business
- Yahoo
Solid Quarterly Results Boosted Capital One Financial Corporation (COF) in Q2
Oakmark Funds, advised by Harris Associates, released its 'Oakmark Equity and Income Fund' Q2 2025 investor letter. A copy of the letter can be downloaded here. The equity portfolio returned 4.67% in the second quarter compared to 10.94% for the S&P 500 Index. An underweight in technology stocks and an overweight in value and mid-cap stocks led to the underperformance of the fund. The fixed income portfolio returned 1.97% compared to 1.21% for the Bloomberg U.S. Aggregate Bond Index. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second quarter 2025 investor letter, Oakmark Equity and Income Fund highlighted stocks such as Capital One Financial Corporation (NYSE:COF). Capital One Financial Corporation (NYSE:COF) is a financial services holding company for Capital One, National Association that offers various financial products and services. The one-month return of Capital One Financial Corporation (NYSE:COF) was 13.88%, and its shares gained 47.66% of their value over the last 52 weeks. On July 14, 2025, Capital One Financial Corporation (NYSE:COF) stock closed at $220.84 per share with a market capitalization of $141.257 billion. Oakmark Equity and Income Fund stated the following regarding Capital One Financial Corporation (NYSE:COF) in its second quarter 2025 investor letter: "Capital One Financial Corporation (NYSE:COF) was the top contributor during the quarter. The U.S.-headquartered consumer finance company's stock price rose as it completed its acquisition of Discover Financial in May and reported solid first-quarter 2025 earnings headlined by broadly improving credit metrics. Management has identified over $2 billion of expense and revenue synergies from the merger, which it expects to realize over the next 24 months. We continue to view Capital One as a disciplined, tech-forward and well-capitalized company and look forward to seeing how the Discover acquisition adds value." A smiling face of a customer as they make a deposit at this company's branch. Capital One Financial Corporation (NYSE:COF) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 93 hedge fund portfolios held Capital One Financial Corporation (NYSE:COF) at the end of the first quarter, which was 89 in the previous quarter. While we acknowledge the potential of COF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Capital One Financial Corporation (NYSE:COF) and shared the list of stocks in Jim Cramer's spotlight. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Hill
14 hours ago
- Business
- The Hill
Capital One, Walmart: A look at some of the consumer cases dropped by the CFPB under Trump
NEW YORK (AP) — In the nearly six months since the Trump administration has had control of the Consumer Financial Protection Bureau, the bureau's leadership has focused almost exclusively on rolling back any punishments, fines and penalties made against companies during the Biden administration. In some cases, companies that were supposed to refund their customers or pay a penalty for unfair or deceptive practices are no longer bound to make their customers whole. Other companies facing charges of fraud of deceptive practices saw their lawsuits dropped in the early days of the Trump administration. Here are some of the Trump administration's rollbacks: Navy Federal Credit Union The CFPB accused Navy Federal Credit Union, the nation's largest credit union, of having unfair and deceptive overdraft fee practices. NFCU settled with the bureau and agreed to refund its members $80 million in overdraft fees. However, when the new administration took over, NFCU asked to have the order dismissed, which the CFPB agreed to do without giving a reason. Navy Federal has not said whether it would refund their members, which are mostly service men and women, families and veterans. Reduced overdraft fees The CFPB proposed new regulations that would have reduced overdraft fees to $5 from their industry average of $27. The regulations focused on a bureau analysis on what it actually cost banks to make short-term loans to customers to cover those purchases when a customer's account went negative. The banking industry stood to lose billions of dollars in overdraft revenue, although banks have been weening themselves off overdraft fee revenue for years. The regulations were overturned by the Republican-controlled Congress in April. Capital One In the last days of the Biden administration, the CFPB sued banking giant Capital One for allegedly cheating its customers out of $2 billion in interest payments on their savings accounts. The case involved a product that Capital One sold known as 360 Savings, which the bank advertised as having the best savings rate in the country. Capital One failed to tell some customers that it had another product with a higher savings rate. The case was dropped within days of the Trump administration taking over the bureau. WalMart The CFPB filed a lawsuit in December against WalMart and workforce company Branch Messenger, accusing the companies of deceptively steering delivery drivers to open accounts with Branch, in order for those employees to get instant access to their wages. However, the CFPB said these Branch accounts came with high fees and deceptive marketing, and said Wal-Mart and Branch should return $10 million to harmed drivers. Both Wal-Mart and Branch denied the accusations. The lawsuit was dropped by the CFPB in the first weeks of the Trump administration. Zelle The parent company of Zelle, the peer-to-peer payment system, as well as some of the nation's largest banks, were sued by the CFPB late last year over accusations they failed to protect hundreds of thousands of consumers from rampant fraud on Zelle, in violation of consumer financial laws. The CFPB's lawsuit claimed hundreds of thousands of customers lost approximately $870 million in funds to fraud over the seven years that Zelle had been in existence. That lawsuit was dropped by the CFPB in March.
San Francisco Chronicle
14 hours ago
- Business
- San Francisco Chronicle
Capital One, Walmart: A look at some of the consumer cases dropped by the CFPB under Trump
NEW YORK (AP) — In the nearly six months since the Trump administration has had control of the Consumer Financial Protection Bureau, the bureau's leadership has focused almost exclusively on rolling back any punishments, fines and penalties made against companies during the Biden administration. In some cases, companies that were supposed to refund their customers or pay a penalty for unfair or deceptive practices are no longer bound to make their customers whole. Other companies facing charges of fraud of deceptive practices saw their lawsuits dropped in the early days of the Trump administration. Here are some of the Trump administration's rollbacks: Navy Federal Credit Union The CFPB accused Navy Federal Credit Union, the nation's largest credit union, of having unfair and deceptive overdraft fee practices. NFCU settled with the bureau and agreed to refund its members $80 million in overdraft fees. However, when the new administration took over, NFCU asked to have the order dismissed, which the CFPB agreed to do without giving a reason. Navy Federal has not said whether it would refund their members, which are mostly service men and women, families and veterans. Reduced overdraft fees The CFPB proposed new regulations that would have reduced overdraft fees to $5 from their industry average of $27. The regulations focused on a bureau analysis on what it actually cost banks to make short-term loans to customers to cover those purchases when a customer's account went negative. The banking industry stood to lose billions of dollars in overdraft revenue, although banks have been weening themselves off overdraft fee revenue for years. The regulations were overturned by the Republican-controlled Congress in April. Capital One In the last days of the Biden administration, the CFPB sued banking giant Capital One for allegedly cheating its customers out of $2 billion in interest payments on their savings accounts. The case involved a product that Capital One sold known as 360 Savings, which the bank advertised as having the best savings rate in the country. Capital One failed to tell some customers that it had another product with a higher savings rate. The case was dropped within days of the Trump administration taking over the bureau. WalMart The CFPB filed a lawsuit in December against WalMart and workforce company Branch Messenger, accusing the companies of deceptively steering delivery drivers to open accounts with Branch, in order for those employees to get instant access to their wages. However, the CFPB said these Branch accounts came with high fees and deceptive marketing, and said Wal-Mart and Branch should return $10 million to harmed drivers. Both Wal-Mart and Branch denied the accusations. The lawsuit was dropped by the CFPB in the first weeks of the Trump administration. Zelle The parent company of Zelle, the peer-to-peer payment system, as well as some of the nation's largest banks, were sued by the CFPB late last year over accusations they failed to protect hundreds of thousands of consumers from rampant fraud on Zelle, in violation of consumer financial laws. The CFPB's lawsuit claimed hundreds of thousands of customers lost approximately $870 million in funds to fraud over the seven years that Zelle had been in existence. That lawsuit was dropped by the CFPB in March.
Winnipeg Free Press
15 hours ago
- Business
- Winnipeg Free Press
Capital One, Walmart: A look at some of the consumer cases dropped by the CFPB under Trump
NEW YORK (AP) — In the nearly six months since the Trump administration has had control of the Consumer Financial Protection Bureau, the bureau's leadership has focused almost exclusively on rolling back any punishments, fines and penalties made against companies during the Biden administration. In some cases, companies that were supposed to refund their customers or pay a penalty for unfair or deceptive practices are no longer bound to make their customers whole. Other companies facing charges of fraud of deceptive practices saw their lawsuits dropped in the early days of the Trump administration. Here are some of the Trump administration's rollbacks: Navy Federal Credit Union The CFPB accused Navy Federal Credit Union, the nation's largest credit union, of having unfair and deceptive overdraft fee practices. NFCU settled with the bureau and agreed to refund its members $80 million in overdraft fees. However, when the new administration took over, NFCU asked to have the order dismissed, which the CFPB agreed to do without giving a reason. Navy Federal has not said whether it would refund their members, which are mostly service men and women, families and veterans. Reduced overdraft fees The CFPB proposed new regulations that would have reduced overdraft fees to $5 from their industry average of $27. The regulations focused on a bureau analysis on what it actually cost banks to make short-term loans to customers to cover those purchases when a customer's account went negative. The banking industry stood to lose billions of dollars in overdraft revenue, although banks have been weening themselves off overdraft fee revenue for years. The regulations were overturned by the Republican-controlled Congress in April. Capital One In the last days of the Biden administration, the CFPB sued banking giant Capital One for allegedly cheating its customers out of $2 billion in interest payments on their savings accounts. The case involved a product that Capital One sold known as 360 Savings, which the bank advertised as having the best savings rate in the country. Capital One failed to tell some customers that it had another product with a higher savings rate. The case was dropped within days of the Trump administration taking over the bureau. WalMart The CFPB filed a lawsuit in December against WalMart and workforce company Branch Messenger, accusing the companies of deceptively steering delivery drivers to open accounts with Branch, in order for those employees to get instant access to their wages. However, the CFPB said these Branch accounts came with high fees and deceptive marketing, and said Wal-Mart and Branch should return $10 million to harmed drivers. Both Wal-Mart and Branch denied the accusations. The lawsuit was dropped by the CFPB in the first weeks of the Trump administration. Zelle The parent company of Zelle, the peer-to-peer payment system, as well as some of the nation's largest banks, were sued by the CFPB late last year over accusations they failed to protect hundreds of thousands of consumers from rampant fraud on Zelle, in violation of consumer financial laws. The CFPB's lawsuit claimed hundreds of thousands of customers lost approximately $870 million in funds to fraud over the seven years that Zelle had been in existence. That lawsuit was dropped by the CFPB in March.
