July 22 (Reuters) - Capital One Financial Corp:
* CEO says commercial real estate investors have been re- entering the market
* CEO says worst is behind US, but likely to be a few more quarters of
uncertainty
* CEO says credit performance has not seen a significant impact from exposure
to gulf
* CEO says longer-term, many communities it serves in Texas and louisiana will
face difficulty after bp oil spill
* CEO says sees opportunities to acquire asset portfolios, or banks
* CEO says well positioned to take advantage of opportunities
* CEO says sees opportunities to acquire lending platforms, too
* CFO says 'we believe we're quickly approaching the point at which our loan
balances should start to stabilizes'
* CFO says in card business, unlikely to have many offsetting fees for lost fee
revenue
* CFO says heading for revenue margin that is only down a touch from years
before recession
* CFO says assessing situation, but doesn't see dodd frank having big banking
impact on Capital One
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Capital One Financial Corp click here:) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* CEO says commercial real estate investors have been re- entering the market
* CEO says worst is behind US, but likely to be a few more quarters of
uncertainty
* CEO says credit performance has not seen a significant impact from exposure
to gulf
* CEO says longer-term, many communities it serves in Texas and louisiana will
face difficulty after bp oil spill
* CEO says sees opportunities to acquire asset portfolios, or banks
* CEO says well positioned to take advantage of opportunities
* CEO says sees opportunities to acquire lending platforms, too
* CFO says 'we believe we're quickly approaching the point at which our loan
balances should start to stabilizes'
* CFO says in card business, unlikely to have many offsetting fees for lost fee
revenue
* CFO says heading for revenue margin that is only down a touch from years
before recession
* CFO says assessing situation, but doesn't see dodd frank having big banking
impact on Capital One
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Capital One Financial Corp click here:) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.