Credit Suisse Raises COF Estimates

Credit Suisse is raising its estimates on Capital One Financial COF. “We are raising our 2011 and 2012 EPS estimates to $5.00 and $5.20 (from $4.70 and $5.00) to reflect a higher revenue margin run-rate,” Credit Suisse writes. “We are also establishing a 2013 EPS of $5.50. Our estimate factors in a stabilizing revenue margin, rising operating expenses, flat credit losses, and modest reserve build.” Capital One Financial closed Thursday at $47.25.