Shares of Capital One are down 7.3% this year, following a 36% return during 2012. The shares trade for 1.3 times tangible book value, according to Thomson Reuters Bank Insight, and for 8.0 times the consensus 2014 EPS estimate of $6.68, among analysts polled by Thomson Reuters. The consensus 2013 EPS estimate is $6.40. Capital One is the only one of the 24 components of the KBW Bank Index to see a negative return this year. The company in January reported a disappointing fourth quarter, with a sequential earnings decline that CFO Gary Perlin blamed on "seasonal patterns." However, the company provided guidance saying it expected "average quarterly revenue levels in 2013 to be consistent with the fourth quarter of 2012, as a modest decline in earning assets will be offset by a steady to slightly higher net interest margin."