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Capital One Swings to Q3 Profit, Despite Mounting Loan Losses and Higher Delinquencies (COF)

By Dividend.com Staff
October 23rd, 2009

capital-one-swings-to-q3-profit-despite-mounting-loan-losses-and-higher-delinquencies-cof

Credit card issuer Capital One Financial Corp. (COF) said late Thursday that it swung to its first quarterly profit in a year, easily beating expectations, despite rising loan losses and credit delinquency rates.

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