Chief Executive Officer Richard Fairbank stated that the integration of Discover is moving toward expected synergies, though the bank incurred $338 million in pre-tax integration expenses for Discover and $47 million for Brex. Capital One ended the period with $462.5 billion in total loans, including $276.4 billion in credit card loans, and $480.7 billion in deposits. The company's net interest margin was 8.41% with a CET1 ratio of 13.8%.
Tuesday, October 20, 2026
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Capital One Beats Q3 Adj EPS Estimates With $6.69
Earnings4 hours ago
Capital One reported net income of $3.5 billion for the third quarter of 2026, or $5.61 per diluted common share, a 16% increase year-over-year. Adjusted earnings per share reached $6.69, surpassing analyst projections of $5.43 to $5.50 on total net revenue of $16.3 billion. The beat was driven by lower credit costs, as provisions for credit losses were $2.9 billion against a $3.64 billion estimate and net charge-offs were $3.1 billion versus a $3.41 billion expectation.
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