Capital One Financial Corporation shares have fallen 6% over the past year and 17% year-to-date, even as Jim Cramer repeatedly praised the bank's acquisition of Discover Financial. Cramer argued the deal would boost scale to compete with Visa and MasterCard, calling the stock extraordinary at 12 times earnings. However, first-quarter results on April 21st showed revenue of $15.23 billion and earnings per share of $4.42, both missing analyst estimates. The stock dipped 1.5% on April 22nd following the report, and earlier in the year fell 7.6% on January 23rd amid investor concerns over President Trump's credit industry plans.
Mastercard Inc
Visa Inc. Class ACapital One Financial CorporationFirst-quarter revenue and EPS missed analyst estimates, causing stock decline.