Capital One's Discover acquisition boosts its card and payment business, ensuring stability, growth, and shareholder returns.

Integration costs will surpass the original $2.8 billion estimate, CEO Richard Fairbank said Tuesday. Capital One reported a $4.3 billion second-quarter loss.

Capital One promises to retain the 1,000 or so "front-line" Discover jobs in Delaware if a merger is approved, and donate $35 ...

Local officials are still waiting for clarity on how the community investment proposal, part of the card issuer’s effort to ...

In the past month, Capital One Financial Corporation COF stock has declined 4.9%, outperforming its close peers — Ally Financial ALLY and OneMain Holdings, Inc. OMF. However, it has underperformed the ...

Capital One's strong credit card business and improving asset quality support a positive near-term outlook and warrant a buy rating. The Discover Financial merger brings significant synergy ...

The $35 billion Capital One–Discover merger is shaking up banking. Learn 3 key ways it could affect your credit cards, fees and financial future.

On Friday afternoon, Capital One's stock price was at $198.67, up 0.58% since the opening of trading at 9 a.m. Discover's stock price was at $202.13 Friday afternoon, up 0.74% since opening.

Capital One announced it's acquiring Discover Financial Services for $35.3 billion in an all-stock deal, giving the bank a leg up in the competitive credit card market.

ByElisabeth Buchwald, CNN Tuesday, February 20, 2024 Capital One is buying Discover Financial for $35.3 billion in an all-stock deal, merging two of the largest credit card companies in the U.S.