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Tag Archives: Cap One

Capital One charge-offs up, delinquencies down

Jeremy Simon

Credit card issuer Capital One says that charge-offs in its U.S. card business rose in April, while delinquencies fell.
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Cap One loans increasingly soured in March

Jeremy Simon

Capital One said that more of its managed loans went sour in March 2008, according to an 8-K filing with the Securities and Exchange Commission.
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Capital One earnings slide on loan losses

Jeremy Simon

Credit card issuer Capital One posted a decline in fourth-quarter earnings after taking a provision of approximately $1.9 billion for loan losses. The provision was made up of about $1.3 billion in charge-offs and an allowance build of around $650 million.
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Card delinquencies catch up to Cap One

Jeremy Simon

It looks like the subprime mortgage debacle has begun to spill over to credit cards, with issuer Capital One slashing its earnings outlook amid rising credit card delinquencies.
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