Since last year, the Federal Reserve has raised interest rates by 5.25 percentage points, the fastest pace of monetary tightening since the 1980s. The rapid increase has pushed interest rates to levels not seen in a decade and a half, putting pressure on some banks and casting a storm cloud over the industry.

Capital One Financial (NYSE: COF) is one bank stock bucking the trend, gaining nearly 13% since January. Despite the run-up, Capital One remains down 41% since it peaked at $178 per share about two years ago and is at a cheap valuation relative to history. There are several factors to consider, so should investors buy, sell, or hold Capital One today?

Capital One provides financial services to clients, including checking, savings, and money market accounts. Its $465 billion in assets makes it the ninth-largest bank in the U.S. While banking is one component of the business, credit cards are the bread and butter that propel its earnings.

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Source Fool.com