Key Developments: Capital One Financial Corp (COF)
61.01USD
23 May 2013
$-0.52 (-0.85%)
$61.54
$60.98
$61.66
$60.50
1,992,695
4,731,859
$63.63
$47.99
Latest Key Developments (Source: Significant Developments)
Capital One Financial Corp Announces Dividend Increase
Capital One Financial Corp announced its Board of Directors approved an increase in its quarterly dividend per share from $0.05 per share to $0.30 per share payable May 23, 2013 to stockholders of record as of May 13, 2013. Full Article
Capital One Financial Corp Reaffirms FY 2013 Revenue Guidance-Conference Call
Capital One Financial Corp announced that for fiscal 2013, it recalls that the January estimates for revenues of approximately $22.5 billion. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $22.1 billion for fiscal 2013. Full Article
Capital One Financial Corp Receives No Objection From the Federal Reserve to Raise Common Stock Dividend
Capital One Financial Corp announced that the Federal Reserve has completed its 2013 Comprehensive Capital Analysis and Review (CCAR) and did not object to Capital One's proposed capital distributions submitted on January 7, 2013 under CCAR. Capital One's submission included a planned increase in the quarterly dividend on its common stock from the current level of $0.05 per share to $0.30 per share. Consistent with the capital plan, Capital One expects to declare a quarterly dividend of $0.30 per share for the first quarter of 2013, subject to final approval of the Board of Directors at its scheduled meeting in May. Full Article
Stephen S. Crawford To Become Chief Financial Officer For Capital One Financial Corp In May
Capital One Financial Corp announced that Stephen S. Crawford will join the Company as Chief Financial Officer Designate on February 4, 2013 and become a member of the Executive Committee, reporting to Capital One's Chairman and Chief Executive Officer, Richard D. Fairbank. In May, Crawford will succeed Chief Financial Officer Gary L. Perlin. Perlin will remain in his position as CFO and a member of Capital One's Executive Committee through May 24, 2013 at which time Crawford will transition into the CFO role. Perlin will continue to work with Capital One as a Senior Advisor to the CEO through February 1, 2014. Full Article
Capital One Financial Corp Announces Quarterly Dividend
Capital One Financial Corp announced quarterly dividend of $0.05 per share payable February 22, 2013 to stockholders of record as of February 11, 2013. Full Article
Capital One Financial Corp Issues FY 2013 Revenue Guidance Below Analysts' Estimates-Conference Call
Capital One Financial Corp announced that for fiscal 2013, it expects revenue to be about $22.5 billion. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $23.2 billion for fiscal 2013. Full Article
Capital One Financial Corp Announces Quarterly Dividend
Capital One Financial Corp announced a quarterly dividend of $0.05 per share payable November 19, 2012 to stockholders of record as of November 9, 2012. Full Article
Capital One Financial Corp Announces Pricing Of Secondary Common Stock Offering
Capital One Financial Corp announced that it has entered into an underwriting agreement under which selling stockholder ING Bank N.V. has agreed to sell all of its 54,028,086 shares of Capital One common stock pursuant to a previously announced resale offering. BofA Merrill Lynch, Morgan Stanley and Citigroup acted as joint book-running managers. The offering is expected to close on September 10, 2012. Capital One will not sell any shares in the offering, and all net proceeds will be retained by ING Bank N.V. Full Article
Capital One Financial Corp Announces Secondary Common Stock Offering by Selling Stockholder
Capital One Financial Corp announced that selling stockholder ING Bank N.V. intends to sell all of its approximately 54.0 million shares in Capital One in an underwritten public offering. BofA Merrill Lynch, Morgan Stanley and Citigroup will act as joint book-running managers for the offering, and propose to offer the shares at prevailing market prices or otherwise from time to time through the NYSE, the over-the-counter market, negotiated transactions or otherwise. Capital One will not sell any shares in the offering, and all net proceeds will be retained by ING Bank N.V. Full Article
Capital One Financial Corp. Announces Quarterly Dividend
Capital One Financial Corp. announced a quarterly dividend of $0.05 per share payable August 20, 2012 to stockholders of record as of August 10, 2012. Full Article
Capital One in $3.5 million settlement on auto loan losses
WASHINGTON - Capital One Financial Corp agreed to pay $3.5 million to resolve charges that it understated losses from auto loans in the months leading up to the financial crisis, the U.S. Securities and Exchange Commission said on Wednesday.
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