New York, Jan 15, 2026, 21:04 ET — Market closed
- Capital One shares closed up 1.1% at $236.97 on Thursday.
- A proposed 10% cap on credit-card interest rates remains the key policy overhang for card lenders.
- Investors are now looking to Capital One’s Jan. 22 results for a read on credit trends and pricing.
Capital One Financial Corporation shares ended Thursday up 1.1% at $236.97, after trading between $234.41 and $239.83.
The move comes with the stock still in the middle of a rough week for consumer lenders, as Washington debates a one-year cap on credit-card rates and investors try to pin down what it would mean for profits. Next week’s earnings are the next clean datapoint, and traders know it.
President Donald Trump has called for a one-year cap of 10% on credit-card annual percentage rates (APR) starting Jan. 20, Reuters reported, a level far below the Federal Reserve’s reported average rate of 20.97% in November. JPMorgan CFO Jeremy Barnum said the cap “would be very bad for consumers, very bad for the economy,” while Vanderbilt Policy Accelerator director Brian Shearer said there is “a huge amount of profit that could absorb a rate cut.” 1
Broader markets also helped, with U.S. stocks finishing higher as chip shares rallied on upbeat Taiwan Semiconductor results and bank stocks gained after Morgan Stanley and Goldman Sachs posted quarterly profit rises. “It’s been growth, tech or bust,” Longbow Asset Management CEO Jake Dollarhide said, adding: “Today, it’s the banks and old-school industrials.” 2
Capital One outperformed several large financial peers on the day and remained about 9% below its 52-week high of $259.64 set on Jan. 6, according to MarketWatch data. 3
The next catalyst is Jan. 22, when Capital One is scheduled to release fourth-quarter 2025 results at about 4:05 p.m. ET and hold a conference call at 5:00 p.m. ET, the company said. 4
Investors will be listening for commentary on credit costs — delinquencies, net charge-offs (loans written off as uncollectible), and whether consumers are leaning harder on cards — and for any change in tone on pricing as the rate-cap discussion drags on.
But the policy picture is the swing factor. Even if a strict cap stalls or gets softened, the headlines alone can keep pressure on card lenders’ valuations and keep traders quick to sell rallies.
With the market closed, attention shifts to Friday’s session and the calendar ahead: any concrete move in Washington before the Jan. 20 start date floated for the cap, and Capital One’s Jan. 22 earnings as the next real test.
