MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Capital One Financial Corp. (COF) on Tuesday reported first-quarter earnings of $1.4 billion.
The McLean, Virginia-based company said it had net income of $3.45 per share. Earnings, adjusted for non-recurring costs, were $4.06 per share.
The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $3.66 per share.
The credit card issuer and bank posted revenue of $13.41 billion in the period. Its adjusted revenue was $10 billion, which missed Street forecasts. Eleven analysts surveyed by Zacks expected $10.03 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COF at https://www.zacks.com/ap/COF
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
