Advertisement
UK markets open in 5 hours 56 minutes
  • NIKKEI 225

    38,004.30
    -455.78 (-1.19%)
     
  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     
  • CRUDE OIL

    82.78
    -0.03 (-0.04%)
     
  • GOLD FUTURES

    2,330.30
    -8.10 (-0.35%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • Bitcoin GBP

    51,800.90
    -1,789.96 (-3.34%)
     
  • CMC Crypto 200

    1,395.74
    -28.36 (-1.99%)
     
  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     
  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     

For a Pure-Play Credit Card Lender, Capital One Is Building a Solid Deposit Franchise

For a Pure-Play Credit Card Lender, Capital One Is Building a Solid Deposit Franchise

One of the most important things when it comes to evaluating a bank stock is its deposit base. While they may not be thought of as traditional banks, credit card companies like Capital One (NYSE: COF) do hold bank charters. While Capital One is not a league leader or anything in the banking industry, I've been impressed at how the bank has been building its deposit base.