5 'Noisy' Banks and What They Really Earned

Mosby rates Capital One a "Buy," with a $67 price target, an estimates the company will earn $5.86 a share during 2012, followed by 2013 EPS of $7.21.

Rochdale Securities analyst Richard Bove on April 20 upgraded his rating on Capital One to a "Buy," with a $65 price target, and estimated that Capital One's "actual operating results for the first quarter may have been $1.64 per share," after excluding all one-time items.

Capital One's closed at $56.06 Friday, returning 33% year-to-date, following a flat return during 2011. The shares trade for 1.4 times their reported March 31 tangible book value of $39.37, and eight times the consensus 2013 earnings estimate of $6.87, among analysts polled by Thomson Reuters. The consensus 2012 EPS estimate is $6.37.

Interested in more on Capital One? See TheStreet Ratings' report card for this stock.

Zions Bancorporation

Zions Bancorporation (ZION) of Salt Lake City reported first-quarter net income available to common shareholders of $25.5 million, or 14 cents a share.