Bread Financial Holdings is reportedly grappling with challenges as it confronts rising credit losses and uncertainty surrounding late fees. The company’s stock price fell 3.9% as...
Rising delinquencies among subprime and near-prime borrowers reveal the strain of living paycheck to paycheck. In a spate of earnings reports these past few weeks,...
Capital One Financial said on Tuesday (Jan. 26) that, in its fourth quarter, consumer credit metrics improved as consumers continued to pay down debt. In...
Amid the spate of financial institutions reporting results that show increased traction in consumer spending — especially across credit cards — add Capital One Financial...
Capital One Financial posted results that were higher than Street estimates as its core card business grew, as did commercial lending activity. The headline numbers...
Credit card delinquency rate reports are trickling in on a bank-by-bank basis and a spate of recent disclosures show mixed results. As noted in filings...
Stocks were muted in terms of gains in the past week, showing more momentum to the downside. International and multicurrency payment processing firm Planet Payment...
Boosted by increases in its credit card portfolio and interest rates, Capital One Financial beat estimates for the second quarter. In terms of the headline...