“.. The disclosure marks the first time a bank has formally tied money laundering concerns to U.S. President Donald Trump's family business.”
@reuters.com $COF
www.reuters.com/legal/gov….
143 1576 3871
reut.rs
Bluesky · Hashtag
#$COF
25
posts · 30d
12
users
1
posts / day
2.1
posts / user
+ 800% vs last week
#$COF is an active hashtag on Bluesky. In the last 30 days, 12 people shared 25 posts with it — around 1 a day. Activity is up 800% versus the previous week, peaking on Jul 21 with 4 posts.
#$COF posts per day (last 30 days)
Posts with #$COF
Kyle Griffin @kylegriffin1.bsky.social
Capital One has asked a federal judge to dismiss a lawsuit from the Trump Org. over the closure of hundreds of bank accounts in 2021, arguing that the shutdowns were the product of a monthslong anti-money-laundering review — not retaliation for the Capitol riot, as the Trump businesses have claimed.
4 68 248
“.. Provision for credit losses increased 72% from a year earlier to $4.07 billion ..”
@bloomberg.com $COF
www.bloomberg.com/news/ar….
34 122 376
OMG I had completely missed this. DFS was acquired by $COF (transaction closed 5/10/25). Frankly incredible how badly informed this is, I have nightmares about getting something like this wrong in a quick earnings recap.
3 1 42
How soon is it going to take for the DOJ or the IRS to open up investigations in $COF
0 0 1
Capital One $COF CEO last week:
"The US consumer remained healthy"
"Tax refunds are higher"
"So far we've not seen any adverse effects on our portfolio ... either in our credit or in our spend metrics"
"We continue to really feel very good ... for the credit outlook of consumers"
(26Q1 call)
2 0 8
Here $COF also says real world much better va miserable UMich etc largely on healthy labor market. Also watchful of oil/inflation. But credit quality improving & believes it is broader than just one-off tax refund boost (which skews to higher end) $JPM $AXP $V $MA $XLY $XLF $BAC
Rahul Sharma @retailguru.bsky.social
Moynihan makes case that past correlation between confidence data & spend has broken down. Now more linked to employment - certainly evident in past couple of years with horrible UMich vs consumer strength. Employment needs to crack for consumer to. $BAC $V $MA $XLF $XLY $XRT
0 1 5
$COF sees steady labor market, real wage gains & tax refunds driving US consumer resilience. Acknowledges risk from energy prices & reserving accordingly. But also points to resilience being questioned every Q for a while now despite strong credit quality $XLF $XLY $JPM $BAC
Rahul Sharma @retailguru.bsky.social
Capital One, with much broader consumer book than $JPM, $WFC et al, saw 200bp sequential acceleration in Q1 spend to strong +8%. Charge-offs continue to trend down, while delinquencies also running below trend. US = turbo resilient & 💪 $COF $WFC $BAC $AXP $V $MA $XLY $XLF
0 2 5
How soon is it going to take for the DOJ or the IRS to open up investigations in $COF
0 0 1
Kyle Griffin @kylegriffin1.bsky.social
Capital One has asked a federal judge to dismiss a lawsuit from the Trump Org. over the closure of hundreds of bank accounts in 2021, arguing that the shutdowns were the product of a monthslong anti-money-laundering review — not retaliation for the Capitol riot, as the Trump businesses have claimed.
4 68 248
“.. The disclosure marks the first time a bank has formally tied money laundering concerns to U.S. President Donald Trump's family business.”
@reuters.com $COF
www.reuters.com/legal/gov….
143 1576 3871
$COF exec taking the helm at the CFPB stub apparently.
Reuters @reuters.com
Trump's new pick to run consumer finance watchdog to face Senate reut.rs/4wdwKbW
0 0 0
economic data continues to point to a strong jobs market which is buoying consumer spending ... earnings call from the big banks and $COF earlier this week are consistent with that sentiment.
that being said, I personally think it would still be wrong to hike. Fed could sit still for a while
1 0 2
Something that was noticeable to me ...
on the $COF call yesterday, CEO Richard Fairbank said "We don't, in our own numbers, see this K-shape economy that a lot of people talk about."
Rahul Sharma @retailguru.bsky.social
Capital One, also lower down quality spectrum, sees consumer strength on spend, credit quality, payment rates. Crucially, across income levels, not just at top end. $COF cites job creation & (of course energy dependent) wage growth. $SYF $AXP $V $MA $JPM $BAC $WFC $XLY $XLF $XRT
0 0 1
Capital One, also lower down quality spectrum, sees consumer strength on spend, credit quality, payment rates. Crucially, across income levels, not just at top end. $COF cites job creation & (of course energy dependent) wage growth. $SYF $AXP $V $MA $JPM $BAC $WFC $XLY $XLF $XRT
Rahul Sharma @retailguru.bsky.social
Way further down credit quality spectrum, Synchrony saw identical trends to big banks. Spend accelerated 200bp QoQ to +8% & discretionary strong despite gas = broad consumer strength. Delinquencies at 2-year lows. 💪 $SYF $COF $XLF $XLY $JPM $BAC $XRT $V $MA $WMT $AMZN $TJX
0 0 3
$COF Strong Q2 Beat
EPS 5.81 (beat 4.69) • Revenue 15.85B (beat 15.777B) Solid growth but after-hours soft. #COF #CapitalOne #Earnings
0 0 0
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