Capital One Surges to 104th in Trading Volume with $681 Million Turnover

On June 6, 2025, Capital One Financial Corporation (COF) saw a significant increase in trading volume, with a turnover of $681 million, marking a 38.18% rise from the previous day. This surge placed COF at the 104th position in terms of trading volume for the day. The stock price of COF rose by 3.20%.

Capital One has recently completed its acquisition of Discover Financial Services, a significant move that has been in the works since February 2024. This acquisition, valued at $35.3 billion, was finalized on May 18, 2025, after receiving regulatory approval in April. The deal has created the largest credit card issuer by loan volume, enhancing Capital One's competitive edge and expanding its share of consumer card spending.

In recognition of the successful integration of Discover Financial, Capital One's CEO received a substantial stock award valued at $30 million. This award is part of the company's strategy to incentivize leadership for the successful completion of the acquisition and the integration process. Analysts have predicted that this move could lead to a potential 13.48% upside for Capital One's stock.

Capital One has also announced a quarterly dividend of $0.60 per common share, payable on June 5, 2025, to stockholders of record at the close of business on that date. This dividend payout is part of the company's ongoing efforts to return value to its shareholders.

Despite the positive developments, Capital One is facing legal challenges. The company is involved in a lawsuit alleging that its free browser extension stole sales commissions from social media creators. Additionally, New York Attorney General Letitia James has sued Capital One, accusing the bank of misleading customers about the interest rates on its 360 Savings accounts. The lawsuit claims that Capital One promised high interest rates but froze the rate at 0.30% even as market rates rose.