Capital One Settles 360 Savings Suit Reshaping Costs And Customer Narrative [Yahoo! Finance]
Capital One Financial Corporation (COF)
Last capital one financial corporation earnings: 4/23 04:05 pm
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Source: Yahoo! Finance
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Capital One Financial (NYSE:COF) has finalized a class action settlement involving holders of its 360 Savings accounts. The agreement establishes a US$425 million settlement fund for eligible customers dating back to 2019. Capital One will equalize interest rates on legacy 360 Savings accounts and its 360 Performance Savings product going forward. Capital One is a major US credit card issuer and consumer bank, and its 360 product line is an important piece of its direct banking franchise. This settlement touches a core piece of that business because it centers on how interest was paid on widely used online savings accounts. For anyone following NYSE:COF, it adds a legal and customer trust angle to a story that has recently been more about valuation, M&A, and sector sentiment. For current and former 360 account holders, the settlement means potential cash p
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COF
Earnings
- 1/22/26 - Miss
COF
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/25/26 - Form ARS
- 3/25/26 - Form DEFA14A
- COF's page on the SEC website