Jim Cramer has reiterated his bullish stance on Capital One Financial Corp. (COF), asserting that investors should not overlook the banking stock despite recent market fluctuations. The endorsement comes amid broader sectoral reassessment of financials post-rate hike cycle.
- COF stock traded near $138 per share in early January 2026, down from a 52-week high of $152.30.
- Capital One reported Q3 2025 net income of $1.8 billion, a 6% year-over-year increase despite higher credit loss provisions.
- The company's credit card loan portfolio grew 9% year-over-year, driven by strong consumer demand and strategic pricing.
- Cramer noted that COF’s price-to-earnings ratio of 11.2x is below the S&P 500 financial sector average of 13.8x.
- The bank has retained $5.2 billion in excess capital, indicating resilience to credit stress.
- Cramer’s call coincided with a 2.3% increase in COF’s share price on January 8, 2026, outperforming the broader bank index.
Jim Cramer, host of CNBC's 'Mad Money,' has voiced renewed confidence in Capital One Financial Corp. (COF), stating that it remains a viable investment opportunity at current levels. His comment, made during a recent segment, emphasized that the stock's pullback reflects temporary market sentiment rather than fundamental weakness. Cramer highlighted COF's diversified revenue streams across credit cards, lending, and wealth management as key strengths in a volatile economic environment.