Probably will lose another 40% of their stock value this month.
U.S.U.S. lender Capital One Financial Corp got a waiver from the Commodity Futures Trading Commission (CFTC) after plunging oil prices increased the bank's derivatives exposure above a key regulatory threshold, according to two sources with knowledge of the matter.
https://www.reuters.com/article/us-health-coronavirus-capitalone-cftc-ex-idUSKBN21D1BC[https://www.reuters.com/article/us-health-coronavirus-capitalone-cftc-ex/exclusive-capital-one-got-cftc-waiver-after-oil-price-plunge-increased-swap-exposure-sources-idUSKBN21D1BC]
Supposedly Capital One had positions in oil similar to what screwed Lehman with their mortgage positions in 2008 . Swaps and derivatives. Ugly stuff. If you have some spare cash, a short on them is easy money IMHO.