Capital One Financial (NYSE: COF) has a lot to prove this year. The lender and payments company reported higher-than-expected revenue at the end of last year and is digesting its $35 billion acquisition of Discover Financial. At the same time, its fourth-quarter earnings missed estimates, and it’s now absorbing another acquisition.
The question is whether the additional book of business, anticipated cost-savings, and potential efficiencies can reward shareholders with meaningfully better profits and a higher stock price.
