CAPITAL ONE FINANCIAL CORP 8K

Capital One Financial Corporation announced improved second quarter 2026 earnings, with higher net income, solid loan growth, lower credit loss provisions, and continued integration of its Discover and Brex acquisitions.

Capital One Financial Corporation reported its second quarter 2026 results, announcing GAAP net income of $3.0 billion, or $4.73 per diluted share, up from $2.2 billion in the prior quarter and a net loss in the year-ago period, with adjusted net income of $5.81 per diluted share after excluding acquisition amortization and integration expenses related to Discover and Brex. The company highlighted 4% net revenue growth to $15.9 billion, a 7% increase in non-interest expense to $9.0 billion (including higher marketing and operating costs), pre-provision earnings of $6.8 billion, and a $1.1 billion decline in provision for credit losses to $3.0 billion, including $3.6 billion in net charge-offs and a $662 million reserve release. Capital One also reported an 8.01% net interest margin, improved efficiency and operating efficiency ratios (with lower adjusted measures), a strong common equity Tier 1 capital ratio of 13.7%, modest loan growth across credit card, consumer, auto, and commercial portfolios, and stable deposit levels, and announced an earnings conference call webcast for July 21, 2026.

Filing Facts

CIK

927628

Ticker

COF

Form

8K

Source Type

sec

Accession

0000927628-26-000083

Alert Tier

7