10 Best Value Stocks to Buy in 2026 According To Warren Buffett

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6. Capital One Financial Corporation (NYSE:COF)

Berkshire Hathaway’s Stake Value: $1,732,874,000

Forward P/E: 9.61

On April 22, Deutsche Bank lowered its price recommendation on Capital One Financial Corporation (NYSE:COF) to $250 from $256. It reiterated a Hold rating on the shares. The firm said the company’s expense growth outlook remains “cloudy” following its Q1 results.

The same day, BofA analyst Mihir Bhatia lowered the firm’s price target on Capital One to $234 from $236 while keeping a Buy rating on the stock. The analyst said Capital One delivered “quite solid” Q1 operating expense results. Still, net interest margin and credit provisions came in much weaker than expected and contributed to the earnings miss, according to the research note. Bhatia added that the firm remains constructive on Capital One over the long term as the company continues integrating its Discover and Brex acquisitions.

During Capital One’s Q1 2026 earnings call, Chief Financial Officer Andrew Young said the company earned $2.2 billion, or $3.34 per diluted common share, during the first quarter. He added that adjusted earnings per share came in at $4.42 after accounting for certain items. Young also noted that revenue declined 2% sequentially, while noninterest expenses fell 9% during the quarter.

He further stated that the company’s provision for credit losses remained relatively unchanged at $4.1 billion. According to Young, the figure included nearly $3.8 billion in net charge-offs, along with a $230 million increase in reserves. That brought the company’s total allowance balance to $23.6 billion.

Capital One Financial Corporation (NYSE:COF) is a diversified financial services holding company with banking and non-banking subsidiaries. The company provides a wide range of financial products and services to consumers, small businesses, and commercial clients through multiple channels. Its business operates across three segments: Credit Card, Consumer Banking, and Commercial Banking.

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