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Capital One Financial Corporation

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Capital One’s shares have outperformed the industry so far this year. Further, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters. Its third-quarter 2018 results reflect rise in net interest income and lower provisions. A strong liquidity position, strength in its credit card and online banking businesses, higher interest rates and solid loan balance will aid growth further. While mounting operating expenses and deteriorating asset quality remain major concern for the company, benefits from the lower tax rates and restructuring initiatives will support financials.

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