According to CNBC, Capital One Financial reported third-quarter revenue of $16.34 billion, up 6.4% year over year and above the $16.27 billion analyst consensus, while adjusted earnings per share rose 12% to $6.69, beating the $5.50 estimate. Shares gained about 4% in after-hours trading to $210 each. CEO Richard Fairbank said year-to-date results reflect about $1.8 billion in annualized synergies from the Discover integration, toward a $2.7 billion target for 2027.
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Capital One Beats Third-Quarter Estimates as Shares Rise on Discover Integration Progress
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