Report
Colin Plunkett
EUR 100.00 For Business Accounts Only

Capital One's Tech Investment Is Leading to Customer Wins and Higher Growth

We maintain that technology investment and related capital spending is of growing importance to banks, specifically Best Idea Capital One, and investors should be paying better attention to banks' technological capabilities. Early adopters such as Capital One stand to benefit from higher growth, while laggards like Synchrony will see an eroding competitive advantage, which is why we are lowering Synchrony's moat rating and trend to none and negative, respectively. Investors don't seem to appreci...
Underlying
Synchrony Financial

Synchrony Financial is a savings and loan holding company and financial holding company. Through its subsidiaries, the company delivers a range of financing programs, as well as consumer banking products, across key industries including digital, retail, home, auto, travel, health and pet. The company provides a range of credit products through its financing programs which it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which it refers to as its partners. Through its partners, the company provides their customers a variety of credit products to finance the purchase of goods and services.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Colin Plunkett

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