Advertisement
UK markets open in 4 hours 36 minutes
  • NIKKEI 225

    37,978.95
    +17.15 (+0.05%)
     
  • HANG SENG

    16,359.51
    +107.67 (+0.66%)
     
  • CRUDE OIL

    82.81
    +0.12 (+0.15%)
     
  • GOLD FUTURES

    2,385.60
    -2.80 (-0.12%)
     
  • DOW

    37,753.31
    -45.66 (-0.12%)
     
  • Bitcoin GBP

    49,342.61
    -1,919.17 (-3.74%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • NASDAQ Composite

    15,683.37
    -181.88 (-1.15%)
     
  • UK FTSE All Share

    4,273.02
    +12.61 (+0.30%)
     

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.