COF

Snowflake SNOW) shares surged 16% in Thursday’s trading session after the cloud-data leader crushed its Q2 expectations yesterday evening and raised its full-year outlook. More importantly, Snowflake’s growth is accelerating as artificial intelligence drives greater usage of its AI Data Cloud platform, giving investors plenty to like despite the stock’s increasingly lofty valuation. Image Source: Zacks Investment Research Snowflake posted Q2 adjusted EPS of $0.62, handily topping expectations of $0.45 and rising from $0.35 per share in the prior year quarter. Revenue rose 35% year over year to $1.54 billion, also surpassing estimates of $1.47 billion. Even more encouraging was product revenue, which climbed 37% to $1.49 billion, marking Snowflake’s third consecutive quarter of accelerating product-revenue growth. Remaining performance obligations (RPO), representing contracted future revenue, increased 30% YoY to $9 billion, while the number of customers generating more than $1 million in trailing-12-month product revenue jumped 27% to 828. Notably, Snowflake has surpassed top-line estimates in every quarter since it went public in 2020 and has exceeded earnings expectations for nine consecutive quarters, with an average EPS surprise of 22.77% in its last four quarterly reports. Image Source: Zacks Investment Research AI is becoming a meaningful growth catalyst rather than simply a long-term opportunity, with management indicating that AI products accounted for roughly half of Snowflake’s recent growth acceleration. Adoption of its AI coding agent CoCo surpassed 9,100 accounts after adding more than 2,000 during Q2, while CoWork, Snowflake’s agentic workplace offering, reached 5,800 accounts. The company also added 692 net new customers during the quarter. Reflecting this momentum, Snowflake raised its full-year product-revenue forecast to $6.07 billion, or 36% growth, from $5.84 billion and 31% growth previously. For Q3, product revenue is projected between $1.588 billion and $1.593 billion, representing another impressive 37%-38% increase. Snowflake also lifted its full-year non-GAAP operating-margin outlook to 14.5% from 13.5%, showing improving profitability alongside accelerating growth. It's noteworthy that Snowflake's growing enterprise footprint is supported by strategic partnerships with Amazon AMZN), Microsoft MSFT), Alphabet GOOGL), and Nvidia NVDA), helping enterprises deploy increasingly sophisticated data and AI workloads across its platform. Prominent customers have included Capital One COF), Thomson Reuters TRI), Booking Holdings' BKNG) Booking.com, and DraftKings DKNG). The biggest reason investors may be hesitant to chase today's rally is valuation. Even before the Q2 post-earnings surge, SNOW was trading at more than 15X forward sales with a forward P/E multiple above 150X. Those marks are significantly above its Zacks Internet-Software industry averages of around 4X forward sales and 20X forward earnings, respectively. Today's 16% jump only expands that premium on a static-estimate basis, although higher revenue and EPS projections following the strong report should help offset some of the valuation expansion. Image Source: Zacks Investment Research Snowflake’s Q2 results appear strong enough to justify investors' enthusiasm. Accelerating product-revenue growth, rapidly increasing AI adoption, a $9 billion backlog, and raised growth and profitability guidance suggest the company’s fundamental story is getting stronger. While SNOW's premium valuation could make additional near-term upside more difficult following today's sharp rally, investors with a longer-term horizon may still have reason to remain bullish, especially if AI keeps driving faster platform consumption. Supporting that outlook, Snowflake stock currently sports a Zacks Rank #2 (Buy), as upward earnings estimate revisions following such an impressive beat-and-raise quarter could further strengthen its investment case. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Snowflake Inc. (SNOW) : Free Stock Analysis Report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Capital One Financial Corporation (COF) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Thomson Reuters Corp (TRI) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Booking Holdings Inc. (BKNG) : Free Stock Analysis Report DraftKings Inc. (DKNG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Eagle Capital Management, an investment management company, released its second quarter 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, Eagle Capital Management discussed how enthusiasm around AI capital spending has driven strong S&P 500 earnings growth while also increasing risks from elevated valuations, concentrated demand, and aggressive investment assumptions. Eagle remains a strong believer in AI but prefers constructing a portfolio that can perform across multiple outcomes rather than relying on one forecast. The firm believes current earnings can overstate underlying economics because semiconductor equipment is depreciated over several years, while free cash flow growth remains much weaker. It also expects competition and additional capacity across AI labs, hyperscalers, and semiconductors to eventually create winners and losers. These dynamics are encouraging Eagle to recycle capital toward attractive opportunities outside the most crowded AI trades while maintaining selective exposure to high quality beneficiaries. The portfolio trades at a 20% market discount with faster expected EPS growth. Please review the Strategy’s top five holdings for key selections. In its second-quarter 2026 investor letter, Eagle Capital Management highlighted Capital One Financial Corporation (NYSE:COF). Capital One Financial Corporation (NYSE:COF) operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services. On August 19, 2026, Capital One Financial Corporation (NYSE:COF) closed at $220.73 per share. The one-month return of Capital One Financial Corporation (NYSE:COF) was 10.39% and its shares gained 4.11% over the past 52 weeks. Capital One Financial Corporation (NYSE:COF) has a market capitalization of $135.41 billion with a 52-week trading range between $174.24 - $259.64. Eagle Capital Management stated the following regarding Capital One Financial Corporation (NYSE:COF) in its Q2 2026 investor letter: Capital One Financial Corporation (NYSE:COF) is on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 135 hedge fund portfolios held Capital One Financial Corporation (NYSE:COF) at the end of the first quarter which was 136 in the previous quarter. While we acknowledge the potential of Capital One Financial Corporation (NYSE:COF) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Capital One Financial Corporation (NYSE:COF), where Jim Cramer highlighted a shift in consumer behavior that continues to benefit major credit card issuers. In addition, please check out our hedge fund investor letters Q2 2026 page for more investor letters from hedge funds and other leading investors. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. This article is originally published at Insider Monkey.

It has been about a month since the last earnings report for Capital One (COF). Shares have added about 9.6% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Capital One due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers. Capital One’s second-quarter 2026 adjusted earnings of $5.81 per share significantly outpaced the Zacks Consensus Estimate of $4.85. The bottom line was up from $5.48 in the prior-year quarter. Results benefited from a rise in NII and non-interest income, along with a substantial decline in provisions. Loan growth and improvement in NIM were other positives. However, higher expenses and a sequential decline in deposits were undermining factors. Results excluded acquisition-related amortization expenses and Discover Financial and Brex integration costs. Including these, net income available to common stockholders (GAAP basis) was $2.94 billion or $4.73 per share against a net loss available to common stockholders of $4.34 billion or $8.58 per share in the prior-year quarter. Total net revenues were $15.85 billion, rising 27% year over year. Also, the top line beat the Zacks Consensus Estimate of $15.7 billion. NII was $12.37 billion, up 24% from the prior-year quarter. NIM expanded 39 basis points (bps) to 8.01%.Non-interest income was $3.48 billion, jumping 39%. This was driven by higher net discount and interchange fees, service charges and other customer-related fees and other income.Non-interest expense was $9.04 billion, up 29%. The increase reflected a rise in salaries and associate benefits, occupancy and equipment costs, marketing expenses, communications and data-processing costs, amortization of intangibles and other expenses. The efficiency ratio was 57.05%, falling from 55.96% in the prior-year quarter. A rise in the efficiency ratio indicates lower profitability.As of June 30, 2026, loans held for investment were $457.17 billion, up 2% from the prior quarter. Total deposits were $484.26 billion, down 1% sequentially. Provision for credit losses was $2.99 billion, down 74% year over year. The allowance for credit losses, as a percentage of loans held for investment, was 5.02%, down 41 bps.The 30-plus-day performing delinquency rate was 2.91%, down 22 bps year over year. The 30-plus-day delinquency rate was 3.13%, down 19 bps. The quarter included a $662-million loan reserve release, primarily driven by favorable credit performance in Domestic Card. On the other hand, net charge-offs (NCOs) were $3.64 billion, rising 19% year over year. As of June 30, 2026, the common equity Tier 1 capital ratio was 13.7%, down from 14% in the prior-year quarter. The Tier 1 capital ratio was 14.8%, down from 15.1% a year ago. During the reported quarter, Capital One repurchased 14 million shares for $2.7 billion. In the past month, investors have witnessed a downward trend in estimates revision. Currently, Capital One has a average Growth Score of C, a grade with the same score on the momentum front. However, the stock was allocated a score of A on the value side, putting it in the top quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Capital One has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Capital One Financial Corporation (COF) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SoftBank Group Corp. has reported past first-quarter 2026 results, with sales rising to ¥2,019.59 billion while net income eased to ¥347.33 billion, alongside disclosures of a new stake in Capital One and a sale of 71.5% of its Taiwan Semiconductor Manufacturing holding. The combination of higher revenue but lower per-share earnings and a sharp portfolio shift toward U.S. financials and away from a major semiconductor holding gives investors fresh insight into how SoftBank is reshaping its earnings mix and investment risk profile. Next, we’ll examine how SoftBank’s large reduction in its Taiwan Semiconductor stake may influence the AI-focused investment narrative analysts outlined earlier. AI is about to change healthcare. These 6 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. To own SoftBank Group, you need to believe in its ability to turn a complex, AI-centric investment portfolio into durable earnings while managing leverage and volatility. The latest quarter’s higher sales but lower net income, paired with a sharp move out of Taiwan Semiconductor and into a U.S. bank, does not clearly change the near term AI monetization catalyst, but it does underline the key risk around portfolio concentration and execution in public markets. The most relevant recent announcement here is SoftBank’s first quarter 2026 result, where revenue rose to ¥2,019,591 million while net income slipped to ¥347,330 million. Against the backdrop of a significant reduction in its Taiwan Semiconductor position, that combination keeps attention on how asset sales, exits and reallocation decisions feed through to reported earnings, cash generation and the company’s capacity to support buybacks and dividends in the short term. Yet beneath the AI story, the bigger issue investors should be aware of is how quickly portfolio moves can amplify... Read the full narrative on SoftBank Group (it's free!) SoftBank Group's narrative projects ¥9570.6 billion revenue and ¥741.9 billion earnings by 2029. This requires 7.1% yearly revenue growth and an earnings decrease of approximately ¥4241.7 billion from ¥4983.6 billion. Uncover how SoftBank Group's forecasts yield a ¥7632 fair value, a 33% upside to its current price. By contrast, the most pessimistic analysts were already assuming revenue growth of only 1.7% a year and earnings falling toward about ¥182.7 billion, so this kind of portfolio reshaping could either reinforce their concerns or prompt revisions, depending on how you view the risks around funding AI investments and future exits. Explore 5 other fair value estimates on SoftBank Group - why the stock might be worth 22% less than the current price! Don't just follow the ticker - dig into the data and build a conviction that's truly your own. A great starting point for your SoftBank Group research is our analysis highlighting 4 key rewards and 4 important warning signs that could impact your investment decision. Our free SoftBank Group research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate SoftBank Group's overall financial health at a glance. Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay: Invest in the nuclear renaissance through our list of 91 elite nuclear energy infrastructure plays powering the global AI revolution. The latest GPUs need a type of rare earth metal called Neodymium and there are only 28 companies in the world exploring or producing it. Find the list for free. Capitalize on the AI infrastructure supercycle with our selection of the 55 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include 9984.T. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Synchrony Financial’s SYF record purchase volume is an important growth driver for the second half of 2026. It reached an all-time high of $49.8 billion in the second quarter, up 8% year over year, with growth across all five sales platforms. This growth accelerated to 11% in June, showing that spending was gaining strength toward the end of the quarter. This trend suggests that growth should continue in the second half as well. The quality of this growth is encouraging. Co-branded card purchase volume jumped 23%, accounting for 52% of total purchase volume. Out-of-partner discretionary spending also grew at a double-digit rate despite elevated fuel prices. This shows that customers are not just opening accounts, they are using cards more actively. Synchrony is also adding to this momentum. It added or renewed more than 15 partners in the second quarter of 2026, while new programs and product upgrades are helping drive customer engagement. The MyLowe’s Pro Rewards acquisition and refreshed DICK’S Sporting Goods program should provide more opportunities to increase card usage. This is important because higher purchase volume can lead to higher loan receivables and net interest income. In the second quarter of 2026, loan receivables grew only 2% as elevated payment rates limited the benefit of stronger spending. Management expects stronger purchase volume to overcome this pressure in the second half. If spending stays strong, SYF could see higher loan receivables and a further lift to earnings in the near term. SYF’s peers in the Finance space, including American Express Company AXP and Capital One Financial Corporation COF, also benefited from strong card spending in the recent quarter. American Express benefited from strong card spending, with billed business rising 9% year over year to $455.8 billion in second-quarter 2026. Higher spending helped drive a 10% increase in revenues and an 8% rise in profit, while AXP raised its 2026 revenue-growth outlook to 10%. Capital One also benefited from strong card spending in second-quarter 2026, with purchase volume rising 15% year over year to $249.2 billion. COF’s solid card activity, along with strong credit performance, is supporting the business and could help sustain results in the coming quarters. Shares of SYF have risen 9.1% over the past year against the industry’s 24.8% decline. Image Source: Zacks Investment Research From a valuation standpoint, SYF trades at a forward price-to-earnings ratio of 7.96X, down from the industry average of 17X. SYF carries a Value Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for SYF’s 2026 earnings is pegged at $9.37 per share, implying a 0.5% decline from the year-ago period’s level. Image Source: Zacks Investment Research SYF currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Synchrony Financial (SYF) : Free Stock Analysis Report Capital One Financial Corporation (COF) : Free Stock Analysis Report American Express Company (AXP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Encore Capital Group, Inc. ECPG raised key parts of its 2026 outlook after a strong first half, putting more weight on collections growth and operating execution. The revised guidance improves visibility into the earnings path.The higher bar also increases the importance of delivery. Funding costs, leverage and rising legal collection expenses remain meaningful constraints as investors assess whether recent operating momentum can translate into sustained earnings growth. Encore now expects 2026 earnings of $13-$14 per share, up from its prior projection of about $13. The new range signals greater confidence in full-year performance after the first half.The guidance includes $1 per share of refinancing costs absorbed in the second quarter. That makes the increase more notable because the higher range already incorporates the refinancing-related earnings drag.The Zacks Consensus Estimate points to a clear earnings step-up. Earnings are projected to increase from $10.91 per share in 2025 to $13.52 in 2026 and $14.64 in 2027. Earnings Estimates Image Source: Zacks Investment Research Estimate revisions add to that momentum. The current year earnings estimate has increased 3.9% over the past four weeks, suggesting analysts have become more constructive as collections and portfolio revenues improve. Earnings Estimate Revision Trend Image Source: Zacks Investment Research Management raised 2026 global collections guidance to $2.80-$2.85 billion, implying growth of 8%-10% year over year. The prior outlook called for about $2.8 billion, or 8% growth.Second-quarter global collections rose 13% to a record $737 million. The result followed strong first-half execution and supports the view that recent portfolio purchases and collection improvements are translating into higher collections.Driven by this momentum, the Zacks Consensus Estimate for sales reflects a year-over-year rise of 8.9% in 2026 and 2.1% in 2027. Sales Estimates Image Source: Zacks Investment Research Encore's May refinancing is expected to save about $15 million in annual interest expense. Lower financing costs can provide earnings support as the company continues deploying capital into receivable portfolios.The benefit comes with an important offset. Encore expects 2026 interest expense, including other income, of about $295 million, underscoring the funding sensitivity of a business that relies on borrowings to finance portfolio purchases. Encore maintained its 2026 portfolio purchase outlook of $1.4-$1.5 billion. Management continues to see favorable U.S. supply, supported by elevated revolving credit balances and charge-offs, while Midland Credit Management's scale, analytics and collection capabilities help it target attractive returns.PRA Group, Inc. PRAA, another buyer and collector of nonperforming loan portfolios, said second-quarter 2026 portfolio income increased 7% to $267.8 million, driven by strong recent purchases at improved returns. Capital One Financial Corporation COF, a major U.S. card lender, reports delinquency and charge-off trends that provide another read on the consumer-credit backdrop influencing future debt-sale supply. Legal collection expenses increased 25.8% year over year in the first half of 2026. If collections growth slows, that faster-growing cost line could pressure operating leverage and cash efficiency.Borrowings reached $4.18 billion at June 30, 2026. The company also remains heavily dependent on U.S. conditions, with Midland Credit Management accounting for 85.2% of first-half global portfolio purchasing dollars. Higher funding costs or weaker U.S. collections could therefore make the raised outlook harder to achieve. The bottom line is that the raised outlook strengthens near-term earnings visibility, but execution still matters. ECPG currently carries a Zacks Rank #1 (Strong Buy), which is supportive of the stock's near-term earnings-revision picture. Like Encore Capital, PRA Group also sports a Zacks Rank #1, while Capital One carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here.Its Style Scores are mixed. ECPG has a Value Score of B, Growth Score of F, Momentum Score of C and VGM Score of F. The favorable Value Score complements the top Zacks Rank, while the weaker Growth and VGM Scores argue for monitoring whether improved guidance translates into durable growth rather than assuming the outlook upgrade settles the investment case. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Encore Capital Group Inc (ECPG) : Free Stock Analysis Report Capital One Financial Corporation (COF) : Free Stock Analysis Report PRA Group, Inc. (PRAA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Shares of Navient Corporation NAVI gained 4.8% in yesterday’s trading session after reporting better-than-expected results. The company’s second-quarter 2026 earnings per share (EPS) of 29 cents surpassed the Zacks Consensus Estimate of 19 cents. It reported earnings of 21 cents in the prior-year quarter. Results benefited from lower expenses and a decline in provisions for loan losses. However, a decrease in net interest income (NII) and other income acted as a headwind. Navient’s GAAP net income was $25 million compared with $14 million in the prior-year quarter. NII declined 8.3% year over year to $120 million in the second quarter. It missed the Zacks Consensus Estimate of $129.1 million by 7%. Total other income decreased 18.2% year over year to $27 million. Provision for loan losses was $26 million, down from $37 million in the prior-year quarter. Total expenses decreased 15.8% year over year to $85 million. Federal Education Loans: The segment generated a net income of $26 million, which declined 13.3% year over year. As of June 30, 2026, the company’s net FFELP loans were $26.6 billion, down 10.3% sequentially. Consumer Lending: This segment reported a net income of $27 million, which increased 3.8% from the year-ago quarter. The private education loan delinquency rate greater than 30 days was 5.4% compared with 6.4% in the prior-year quarter. As of June 30, 2026, the company’s private education loans were $15.7 billion, which increased marginally from the prior quarter. Navient originated $735 million of private education refinance loans in the reported quarter. To meet liquidity needs, NAVI expects to utilize various sources, including cash on hand, unencumbered education loan portfolios, operating cash flows, repayments of principal on unencumbered education loan assets and distributions from securitization trusts. It may also draw down on the secured FFELP Loan and Private Education Loan facilities, issue term asset-backed securities (ABS), enter additional Private Education Loan and ABS repurchase facilities, or issue additional unsecured debt. Notably, the company had $770 million of cash and cash equivalents as of June 30, 2026. In the second quarter, the company paid $15 million in common stock dividends. In the reported quarter, Navient repurchased shares of common stock for $2 million. Navient’s second-quarter results benefited from lower expenses and a decline in provisions for loan losses. The year-over-year improvement in Consumer Lending net income and solid private education refinance loan originations were other positives. However, lower NII and other income remained concerns. The continued decline in the FFELP loan portfolio is also likely to weigh on interest income, while the company’s disciplined expense management should provide some support to financial performance. Navient Corporation price-consensus-eps-surprise-chart | Navient Corporation Quote Currently, NAVI carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Capital One Financial’s COF second-quarter 2026 adjusted earnings of $5.81 per share significantly outpaced the Zacks Consensus Estimate of $4.85. The bottom line was up from $5.48 in the prior-year quarter. Results benefited from a rise in net interest income and non-interest income, along with a substantial decline in provisions. Loan growth and improvement in net interest margin were other positives. However, higher expenses and a sequential decline in deposits were undermining factors for COF. Enova International, Inc. ENVA reported second-quarter 2026 adjusted earnings per share of $4.31, which increased from $3.23 in the prior-year quarter. The metric surpassed the Zacks Consensus Estimate of $3.99. ENVA’s results were aided by increased revenues and improving credit quality. However, an increase in expenses was a headwind. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Navient Corporation (NAVI) : Free Stock Analysis Report Capital One Financial Corporation (COF) : Free Stock Analysis Report Enova International, Inc. (ENVA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

EZCORP, Inc. EZPW reported third-quarter fiscal 2026 (ended June 30) adjusted earnings per share (EPS) of 47 cents, beating the Zacks Consensus Estimate of 39 cents. The metric increased from earnings of 32 cents in the prior-year quarter. Results were aided by growth in pawn service charges, merchandise sales and jewelry scrap sales. However, an increase in expenses was a headwind. Results include certain items. After considering those, the company’s net income attributable to common shareholders (GAAP basis) was $38.2 million compared with $26.5 million in the year-ago quarter. Total quarterly revenues were $418.7 million, rising 34.7% year over year. The top line surpassed the Zacks Consensus Estimate of $405 million. Total operating expenses were $191.4 million, up 29.6% from the previous-year quarter. Store expenses increased 30.3% to $147.7 million due to higher labor costs, including minimum-wage increases in Latin America. General and administrative expenses rose 23.5% to $34 million due to labor costs, higher incentive compensation and expenses associated with SMG. U.S. Pawn: Total revenues were $251.2 million, up 14.2% year over year. Pawn loans outstanding increased 15% to $254.5 million, while segment contribution rose 24.4% to $61.6 million. Pawn service charges increased 13.4% to $95.2 million. Merchandise sales rose 5.8% to $118.8 million, while jewelry scrap sales increased 56.8% to $37.2 million. Latin America Pawn: Total revenues totaled $124.4 million, up 36.7% year over year. Pawn loans outstanding increased 40% to $98.9 million. On a constant-currency basis, the metric increased 33%. Pawn service charges rose 36.7% year over year to $42.9 million, while merchandise sales increased 30.9% to $73.8 million. Jewelry scrap sales surged 138.2% to $7.7 million. Segment contribution increased 56.1% year over year. On a constant-currency basis, segment contribution rose 43% to $22.8 million. SMG: Total revenues were $43.1 million, comprising merchandise sales of $17.1 million, pawn service charges of $14.3 million and jewelry scrap sales of $11.7 million. Pawn loans outstanding were $33.8 million, while net inventory totaled $28.9 million. Store expenses were $16 million and segment contribution was $5.9 million. Merchandise sales gross margin increased to 38% from 36% in the prior-year quarter. Aged general merchandise declined 132 basis points to 1.3% of the total general merchandise inventory. Jewelry scrap sales gross margin decreased to 26% from 29% in the year-ago quarter. Inventory turnover declined to 2.3 times from 2.4 times. The company ended the quarter with 1,549 stores, up from 1,336 stores as of June 30, 2025. During the fiscal third quarter, it added 43 stores. As of June 30, 2026, cash and cash equivalents were $311 million compared with $472.1 million as of June 30, 2025. Long-term debt was $519.5 million compared with $517.6 million as of June 30, 2025. During the first nine months of fiscal 2026, the company used $8 million for the purchase and retirement of treasury stock compared with $6 million in the prior-year period. The company’s near-term performance is expected to be supported by higher average loan balances, and continued growth in merchandise sales and pawn service charges. It also strengthened its presence in Latin America by acquiring 33 stores in Guatemala, reinforcing its leadership position in the region, while opening nine de novo stores. EZPW recently acquired the remaining minority interests in SMG, which operates 108 stores across 12 countries, enhancing its ownership and operational scale. However, rising store and administrative expenses, lower cash balances and a decline in inventory turnover remain concerning. EZCORP, Inc. price-consensus-eps-surprise-chart | EZCORP, Inc. Quote EZPW currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Enova International, Inc. ENVA reported second-quarter 2026 adjusted earnings per share of $4.31, which increased from $3.23 in the prior-year quarter. The metric surpassed the Zacks Consensus Estimate of $3.99. ENVA results were aided by increased revenues and improving credit quality. However, an increase in expenses was a headwind. Capital One Financial’s COF second-quarter 2026 adjusted earnings of $5.81 per share significantly outpaced the Zacks Consensus Estimate of $4.85. The bottom line increased from $5.48 in the prior-year quarter. Results benefited from a rise in net interest income and non-interest income, along with a substantial decline in provisions. Loan growth and an improvement in the net interest margin were other positives. However, higher expenses and a sequential decline in deposits were undermining factors for COF. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Enova International, Inc. (ENVA) : Free Stock Analysis Report Capital One Financial Corporation (COF) : Free Stock Analysis Report EZCORP, Inc. (EZPW) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

EZCORP, Inc. EZPW is slated to report third-quarter fiscal 2026 (ended June 30) results on Aug. 5, after market close. The company’s quarterly earnings and revenues are expected to have improved on a year-over-year basis. In the last reported quarter, EZCORP’s performance was driven by continued strength in its core pawn business, supported by higher customer demand and larger average loan balances. Results also benefited from strong jewelry scrap sales amid favorable gold prices and the first full quarter of contributions from SMG following its acquisition. EZPW has an impressive earnings surprise history. The company’s earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average beat being 39.83%. EZCORP, Inc. price-eps-surprise | EZCORP, Inc. Quote The Zacks Consensus Estimate for EZPW’s fiscal third-quarter earnings is pegged at 39 cents per share, unchanged over the past seven days. The estimate indicates an 18.2% rise from the year-ago quarter’s reported number. The consensus estimate for sales is pegged at $405 million, suggesting a year-over-year increase of 30.2%. Persistent inflationary pressure is likely to have continued driving demand for EZCORP’s short-term, collateral-based lending services. Consumers facing limited access to traditional credit have increasingly turned to pawn loans to manage essential expenses and bridge cash-flow gaps. This trend is expected to have supported pawn loan originations and pawn loans outstanding (“PLO”) during the fiscal third quarter. The Zacks Consensus Estimate for pawn service charges of $150.2 million suggests growth of 30.2%. EZCORP’s merchandise sales are also expected to have been strong in the quarter under review. Consumer preference for affordable, high-quality pre-owned merchandise amid elevated retail prices is likely to have supported store traffic and inventory turnover. The company’s broad assortment of jewelry, electronics, luxury goods and other general merchandise should have aided retail revenues. Healthy demand from value-conscious shoppers and disciplined inventory management are likely to have continued supporting merchandise sales and gross profits in the fiscal third quarter. The Zacks Consensus Estimate for merchandise sales is pegged at $219.6 million, which implies a year-over-year rise of 30%. Elevated gold prices during a portion of the quarter are expected to have aided jewelry scrap sales and margins in the fiscal third quarter. EZCORP benefits when higher precious-metal prices increase the proceeds generated from scrapped jewelry. The consensus estimate for jewelry scrapping sales is $35 million, indicating a year-over-year rise of 29%. The consolidation of SMG is likely to have provided a significant inorganic boost to EZCORP’s revenues and operating results. The company acquired a controlling interest in Founders One, the parent of SMG, in January 2026. The transaction added more than 100 stores and expanded EZCORP’s operations across several new markets. However, costs associated with operating a significantly expanded store network are likely to have increased. Acquisition and integration costs, and continued investments in technology and store infrastructure might have exerted pressure on the operating margin in the quarter to be reported. Our quantitative model does not conclusively predict an earnings beat for EZPW this time. This is because it does not have the right combination of the two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Earnings ESP: EZCORP has an Earnings ESP of 0.00%. Zacks Rank: The company currently carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Ally Financial’s ALLY second-quarter 2026 adjusted earnings of $1.21 per share lagged the Zacks Consensus Estimate of $1.25. However, the bottom line reflected a 22% jump from the year-ago quarter. ALLY’s results were primarily hampered by higher expenses and provisions. However, growth in net financing revenues and other revenues, an increase in loan balances, and an improvement in net interest margin (NIM) offered support to some extent. Capital One Financial’s COF second-quarter 2026 adjusted earnings of $5.81 per share significantly outpaced the Zacks Consensus Estimate of $4.85. The bottom line was up from $5.48 in the prior-year quarter. COF’s results benefited from a rise in net interest income and non-interest income, along with a substantial decline in provisions. Loan growth and improvement in NIM were other positives. However, higher expenses and a sequential decline in deposits were undermining factors. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EZCORP, Inc. (EZPW) : Free Stock Analysis Report Capital One Financial Corporation (COF) : Free Stock Analysis Report Ally Financial Inc. (ALLY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Navient Corporation NAVI is scheduled to report second-quarter 2026 results on Aug. 06, before the opening bell. Its quarterly revenues and earnings are expected to have declined year over year. In the last quarter, NAVI’s results benefited from lower expenses and a decline in provisions for loan losses. However, a decrease in net interest income (NII) and other income acted as a headwind. NAVI has an impressive earnings surprise history. Its earnings outpaced estimates in the trailing three quarters and missed once, with the average earnings surprise being 20.59%. Navient Corporation price-eps-surprise | Navient Corporation Quote The Zacks Consensus Estimate for second-quarter earnings is pegged at 19 cents per share, which has remained unchanged in the past week. The figure indicates a 9.5% decline from the year-ago reported figure. The consensus estimate for sales is pegged at $129.1 million, which suggests a 1.5% decline from the year-ago reported figure. Revenues: Per the Fed’s latest data, consumer loan demand remained resilient in the second quarter, which is likely to have provided some support to Navient’s Consumer Lending segment. Further, the Federal Education Loans segment revenues are likely to have increased, primarily driven by higher prepayment levels, even as origination volumes remained constrained. The Zacks Consensus Estimate for NII (Core) is pegged at $128.9 million, indicating a sequential increase of 2.3%. The consensus estimate for NII (Federal Education loan) is pegged at $46.7 million, suggesting a 1.5% rise on a sequential basis. The Zacks Consensus Estimate for NII (consumer lending) is pegged at $101.9 million, implying a sequential decline of 1.9%. The consensus estimate for servicing revenues is pegged at $12.4 million, indicating a 12.7% increase from the prior quarter. The Zacks Consensus Estimate for total non-interest income is pegged at $16.1 million, indicating a marginal sequential increase. Expenses: Navient’s ongoing cost-control initiatives are expected to support operating efficiency and reduce expenses in the second quarter. The company’s Phase 2 transformation strategy remains focused on cost reduction and higher-margin digital lending. Ongoing workforce optimization and organizational streamlining are likely to have contributed to a further decline in operating expenses in the to-be-reported quarter. Our proven model does not conclusively predict an earnings beat for NAVI this time. The combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. That is not the case here, as you can see below. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Earnings ESP: The Earnings ESP for Navient is -6.76%. Zacks Rank: The company currently carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here. Capital One Financial’s COF second-quarter 2026 adjusted earnings of $5.81 per share significantly outpaced the Zacks Consensus Estimate of $4.85. The bottom line was up from $5.48 in the prior-year quarter. Results benefited from a rise in net interest income and non-interest income, along with a substantial decline in provisions. Loan growth and improvement in net interest margin were other positives. However, higher expenses and a sequential decline in deposits were undermining factors for COF. Enova International, Inc. ENVA reported second-quarter 2026 adjusted earnings per share of $4.31, which increased from $3.23 in the prior-year quarter. The metric surpassed the Zacks Consensus Estimate of $3.99. ENVA’s results were aided by increased revenues and improving credit quality. However, an increase in expenses was a headwind. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Navient Corporation (NAVI) : Free Stock Analysis Report Capital One Financial Corporation (COF) : Free Stock Analysis Report Enova International, Inc. (ENVA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in Axos Financial, Inc? Here are five stocks we like better. Strong fiscal fourth-quarter results: Net income rose 12.9% year over year to $124.9 million and diluted EPS increased 12.5% to $2.16. Excluding a $21 million legal accrual, net income was $141.8 million and EPS was $2.46, up 28%. Growth remained broad based: Net loans increased by approximately $638 million sequentially, while deposits rose 17.9% year over year to $24.6 billion. Management expects low-to-mid-teens organic loan growth in the coming year. Credit metrics improved as Axos expanded strategically: Non-performing assets and net charge-offs declined, while the company repurchased $22 million of stock. Recent acquisitions—including Jenius Bank, Capital One deposits and Arc Technologies—are intended to strengthen funding and expand digital, small-business and AI-enabled banking capabilities. Willing and Abel: Berkshire's New CEO Makes Huge Portfolio Changes in Q1 Axos Financial (NYSE:AX) closed fiscal 2026 with double-digit growth in net interest income, non-interest income, loans, deposits, earnings per share and book value per share, President and Chief Executive Officer Greg Garrabrants said during the company’s fourth-quarter earnings call. For the quarter ended June 30, 2026, net income was approximately $124.9 million, up 12.9% from $110.7 million in the prior-year quarter. Diluted earnings per share rose 12.5% year over year to $2.16. Excluding a $21 million legal accrual related to its clearing business, Axos reported net income of $141.8 million and diluted EPS of $2.46, up 28% from the comparable fiscal 2025 period. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Capital One’s Big Bet Faces Rising Credit Risk The company generated approximately $638 million in net loan growth from the prior quarter. Excluding single-family mortgage warehouse lending, ending net loans increased by about $750 million from March 31. Garrabrants said the company expects low-to-mid-teens annual organic loan growth in the coming year, supported by demand across commercial specialty real estate, fund finance, real estate lender finance and asset-based lending. Axos’s fund finance business contributed more than $600 million of net new loan growth during the June quarter. The floor plan lending operation recorded its strongest quarter to date, with outstanding loans rising by more than $100 million. Capital call lending, real estate lender finance and equipment finance also contributed to growth, while jumbo single-family, multifamily and small-balance commercial loan balances were roughly flat sequentially. → Microsoft Just Flipped the AI Spending Narrative Overnight A Quiet Outperformer With a Catastrophe Caveat Average loan yields were 7.4% for the quarter, unchanged from the prior quarter. Average yields on non-purchase loans were 7.2%, while purchase loans yielded 13%, including the accretion of purchase-price discounts. Garrabrants said all loans in the FDIC purchase portfolio remained current. Net interest margin was 4.54%, compared with 4.57% in the preceding quarter. Garrabrants said the outlook calls for a “fairly stable” margin and deposit costs, although the pending transfer of Capital One deposits could result in a temporary cash overhang that would reduce reported margin without affecting net interest income. → Carrier Earnings Could Send the Stock to a New All-Time High Ending deposits totaled $24.6 billion, up 17.9% year over year. Demand, money market and savings accounts accounted for 98% of total deposits. The company completed its Jenius Bank deposit acquisition in May, adding about $2.3 billion in deposits across more than 56,000 consumer savings accounts. Axos said it has opened more than 3,400 consumer checking accounts for former Jenius customers since onboarding the accounts. Non-interest-bearing deposits rose $439 million from the prior quarter and $788 million from a year earlier to more than $3.8 billion. During the question-and-answer session, Garrabrants said the quarter’s growth in non-interest-bearing deposits was broad based, including approximately $150 million from clearing sweeps, about $100 million from direct commercial-and-industrial lending cross-sell, roughly $100 million from private banking and about $120 million from specialty and fund banking. Non-interest income increased 50% year over year to $61.9 million in the fourth quarter, compared with $41.3 million a year earlier. For fiscal 2026, non-interest income reached $233.6 million, up from $131.1 million in fiscal 2025. Banking and service fees totaled $36.8 million in the quarter, compared with $9.5 million in the year-earlier period. Garrabrants identified Verdant as the principal contributor to the increase, while prepayment penalty fees rose to $4.2 million from $0.2 million. Axos Clearing also benefited from higher asset- and transaction-based advisory and broker fees. Assets under custody or administration increased $8.4 billion year over year to $47.8 billion. Net new assets were about $85 million in the fourth quarter and $2.2 billion for the fiscal year. Ending margin balances were up 36% from the prior fiscal year. Non-interest expense was $205.9 million, up $20 million sequentially, primarily due to the $21 million legal accrual. Excluding that accrual, expenses declined by about $1 million from the prior quarter. Chief Financial Officer Derrick Walsh said the company has seen productivity benefits from operational initiatives and greater use of artificial intelligence tools. Walsh said the integration of Arc Technologies is expected to increase the non-interest expense run rate by approximately $1 million per month. Management said it expects a flat to improving efficiency ratio, excluding one-time items. Non-performing assets declined to $159 million at June 30 from $180 million at March 31 and $175 million a year earlier. Non-performing assets represented 53 basis points of total assets, down nine basis points from the prior quarter and 18 basis points year over year. Net charge-offs were 25 basis points in the quarter, compared with 31 basis points in the preceding quarter. The company charged off the remaining $10 million principal balance of a syndicated C&I cash loan that had been placed on non-accrual more than a year earlier. Excluding that loan, net charge-offs were $5.9 million, or nine basis points of annualized average loans. Axos’s allowance for credit losses was 1.34% of total loans at quarter-end and equaled 221% of non-accrual loans. Walsh said the company expects to maintain loan-loss reserves of about 1.3% to 1.4% of total loans and leases. The company repurchased $22 million of common stock during the quarter at an average price of $87.95 per share, leaving approximately $126 million under its authorization, according to prepared remarks. Garrabrants said management remains opportunistic on repurchases and balances buybacks with growth and acquisition opportunities. Axos announced three deposit-focused acquisitions during calendar 2026: Jenius Bank in February, Capital One’s IRA savings and certificate-of-deposit portfolio in April, and Arc Technologies in July. The Capital One transaction received regulatory approval in May, and Axos said it is working toward a conversion and closing date in the third quarter. The Arc transaction closed a few weeks before the earnings call. Garrabrants said Arc provides an AI-enabled cash-management and debt-marketplace platform aimed at businesses, including startups and middle-market clients. Axos plans initially to integrate Arc into its banking platform for its existing small-business customers. Management said Arc could help bridge a product gap for small businesses that have outgrown basic small-business banking products but do not need the full onboarding and service model of the company’s larger treasury-management platform. Garrabrants also said the acquired technology could expand client-facing AI capabilities and potentially support further commercial-platform automation. Axos reported a loan pipeline of approximately $2.4 billion at June 30, including $1.6 billion across commercial business lines. Walsh said remaining Jenius deposits, together with growth in consumer and commercial banking deposits, are expected to help fund planned loan expansion. Axos Financial, Inc (NYSE: AX) is a diversified online banking and financial services holding company headquartered in San Diego, California. The firm traces its origins to 1999 with the launch of Bank of Internet USA and rebranded as Axos Financial in December 2018 to reflect an expanded suite of digital offerings. Axos Financial operates through its wholly owned subsidiary, Axos Bank, providing a technology-driven banking platform that serves both retail and commercial clients across the United States. Through its digital banking platform, Axos Financial delivers a range of deposit products, including checking and savings accounts, money market and certificate of deposit accounts, as well as individual retirement accounts. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Axos Financial Q4 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Shares of OneMain Holdings OMF gained 1.1% following the release of its second-quarter 2026 results. Adjusted earnings of $1.31 per share in the consumer and insurance (C&I) segment matched the Zacks Consensus Estimate. However, the bottom line declined 9.7% from the year-ago quarter.Results were primarily driven by an increase in net interest income (NII) and other revenues. A sequential increase in net finance receivables was another positive for the company. However, higher total other expenses and provisions hurt the results to an extent.After considering non-recurring items, net income (on a GAAP basis) was $152 million, down 9% from the prior-year quarter. NII rose 6.8% from the prior-year quarter to $1.09 billion.Total other revenues were $207 million, up 17.6% from the prior-year quarter. The rise was led by an increase in insurance income, investment income and other income.Total other expenses rose 4% year over year to $492 million on account of higher operating expenses. The provision for finance receivable losses was $610 million, up 19.4% from the prior-year quarter. In the reported quarter, OneMain Holdings registered net charge-offs of $506 million, up 13.7% from the prior-year quarter.The company reported 30-89-day delinquencies of $725 million, up 2.7% from the prior-year quarter. The allowance ratio of 11.63% was up from 11.54% in the prior-year quarter. As of June 30, 2026, net finance receivables amounted to $25.1 billion, up 2.9% from the prior-quarter end. Long-term debt increased 1.7% from the prior-quarter end to $22.8 billion. In the reported quarter, the company repurchased 0.58 million shares of common stock for $32 million. Rising expenses due to higher compensation and other operating expenses are expected to continue to hamper OneMain Holdings’ profitability. Weakening asset quality remains another major near-term headwind. Nevertheless, the company’s efforts to grow credit card and auto finance loans alongside acquisitions are expected to support its financials. OneMain Holdings, Inc. price-consensus-eps-surprise-chart | OneMain Holdings, Inc. Quote Currently, OneMain Holdings carries a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Capital One’s COF second-quarter 2026 adjusted earnings of $5.81 per share significantly outpaced the Zacks Consensus Estimate of $4.85. The bottom line was up from $5.48 in the prior-year quarter. COF’s results benefited from a rise in net interest income and non-interest income, along with a substantial decline in provisions. Loan growth and improvement in net interest margin (NIM) were other positives. However, higher expenses and a sequential decline in deposits were undermining factors.Ally Financial’s ALLY second-quarter 2026 adjusted earnings of $1.21 per share lagged the Zacks Consensus Estimate of $1.25. However, the bottom line reflected a 22% jump from the year-ago quarter.ALLY’s results were primarily hampered by higher expenses and provisions. However, growth in net financing revenues and other revenues, an increase in loan balances, and an improvement in NIM offered support to some extent. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report OneMain Holdings, Inc. (OMF) : Free Stock Analysis Report Capital One Financial Corporation (COF) : Free Stock Analysis Report Ally Financial Inc. (ALLY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research