The financial holding company’s businesses include credit cards and retail and commercial banks. In 2016 it performed above average compared to its peers, chasing growth in its card and auto businesses as it invested in its own digital transformation. But growth in this industry carries upfront costs, and that chase weighed down 2016 earnings compared to 2015: $3.8 billion in net income, down $299 million from the year before. A surging stock market helped offset things.
Looking for leads, investment insights, or competitive intelligence?
News about Capital One Financial
The outdoor retailer competitors are set to merge after a year of negotiations.
An influx of investor cash is inspiring a wide range of new business ideas
A new dataset from the Fortune data team
Banks hope chatbots can provide better customer service than large call centers populated by humans.
They should be able to lean on you, too.