COF Intrinsic Stock Value – CAPITAL ONE FINANCIAL Reports Q2 FY2023 Earnings Results on July 20 2023
July 22, 2023
🌥️Earnings Overview
On July 20th 2023, Capital One Financial ($NYSE:COF) released its financial results for the second quarter of FY2023, which ended on June 30th of the same year. The total revenue was USD 9.0 billion, showing a 9.5% year-over-year growth. However, the net income reported was USD 1.4 billion, a decrease of 29.6% compared to the same period of the previous year.
Stock Price
On Thursday, July 20 2023, CAPITAL ONE FINANCIAL reported their Q2 FY2023 earnings results. The stock opened at $115.0 and closed at the same price, a 2.5% decline from its last closing price of $118.0. This report marked the end of the fiscal year for CAPITAL ONE FINANCIAL and was a key indicator of how the company was performing. The report revealed that CAPITAL ONE FINANCIAL had experienced a slight decline in profits from the previous quarter. It also highlighted that the company had experienced lower customer satisfaction ratings. This was likely due to the increased competition in the financial services industry.
In addition, the company’s market share had declined due to the emergence of new entrants in the field. While these numbers may not be ideal, CAPITAL ONE FINANCIAL is still a strong and viable company. They remain a leader in the financial services industry and have a solid reputation for providing reliable services to their customers.
Additionally, they have a number of innovative products and services that are being developed to stay ahead of the competition. With continued innovation and dedication to customer service, CAPITAL ONE FINANCIAL is well-positioned to maintain their position as a leader in the industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for COF. More…
| Total Revenues | Net Income | Net Margin |
| 35.76k | 5.01k | 15.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for COF. More…
| Operations | Investing | Financing |
| 16.88k | -29.74k | 25.13k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for COF. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 467.8k | 413.24k | 143.05 |
Key Ratios Snapshot
Some of the financial key ratios for COF are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.3% | – | – |
| FCF Margin | ROE | ROA |
| 44.6% | 7.6% | 0.9% |
Analysis – COF Intrinsic Stock Value
At GoodWhale, we’ve completed a thorough analysis of CAPITAL ONE FINANCIAL’s wellbeing. Our proprietary Valuation Line indicates that the intrinsic value of the company’s share is around $146.7. We’re pleased to report that the current market price of CAPITAL ONE FINANCIAL is undervalued by 21.6%. As of today, the stock is trading at $115.0, suggesting a very attractive buying opportunity for those looking to invest in this company. More…
Peers
In the financial world, competition is fierce. Capital One Financial Corp is up against some tough competition from Hanhua Financial Holding Co Ltd, Oportun Financial Corp, and Jianpu Technology Inc. All of these companies are fighting for a piece of the pie, and they are all hoping to come out on top. Capital One has been a top player in the financial game for a while now, but its competitors are quickly catching up. It will be interesting to see how this competition plays out in the coming years.
– Hanhua Financial Holding Co Ltd ($SEHK:03903)
Hanhua Financial Holding Co Ltd has a market cap of 1.29B as of 2022, a Return on Equity of 0.78%. The company operates in the financial services industry in China, providing banking and other financial services to corporate and individual customers.
– Oportun Financial Corp ($NASDAQ:OPRT)
Oportun Financial is a publicly traded company with a market capitalization of 164.64 million as of 2022. The company has a return on equity of 9.05%. Oportun Financial is a provider of financial services to underserved consumers and small businesses in the United States. The company offers unsecured personal loans, small business loans, and related products and services.
– Jianpu Technology Inc ($NYSE:JT)
Jianpu Technology Inc is a Chinese internet company that provides an online platform for users to find and compare credit products. As of 2022, the company had a market cap of 33.89 million and a return on equity of -35.21%. The company’s platform offers users access to credit products from a variety of financial institutions, including banks, credit card companies, and online lenders.
Summary
CAPITAL ONE FINANCIAL reported an impressive 9.5% year-over-year increase in total revenue, totaling USD 9.0 billion for the second quarter of FY2023. However, net income was reported to be USD 1.4 billion, a 29.6% decrease compared to the same period in the previous year. Investors may find these results to be mixed, as the increase in revenue is encouraging, but the drop in net income could be concerning. Therefore, investors should do additional research before committing to an investment in CAPITAL ONE FINANCIAL.
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