#CapitalOne beat third-quarter expectations on both revenue and earnings.
Revenue rose 6.4% year over year to $16.34 billion, while adjusted EPS climbed 12% to $6.69, well above estimates. Shares rose about 4% in after-hours trading following the report.
Stronger net interest income and solid credit performance helped drive the upside, with the Discover network adding a strategic growth angle. Investors will now focus on integration progress, cost control, and whether credit trends remain supportive.
$COF.US #COF #CoinVahini #Banking #Stocks
Revenue rose 6.4% year over year to $16.34 billion, while adjusted EPS climbed 12% to $6.69, well above estimates. Shares rose about 4% in after-hours trading following the report.
Stronger net interest income and solid credit performance helped drive the upside, with the Discover network adding a strategic growth angle. Investors will now focus on integration progress, cost control, and whether credit trends remain supportive.
$COF.US #COF #CoinVahini #Banking #Stocks