Capital One Financial (COF) Misses Q1 EPS by 7c

Capital One Financial (NYSE: COF) reported Q1 EPS of $1.84, $0.07 worse than the analyst estimate of $1.91. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $6.16 billion.

“First quarter 2016 was another quarter of strong growth in our Domestic Card business, both in loan balances and purchase volumes, which drove strong growth in revenue,” said Richard D. Fairbank, Chair and Chief Executive Officer. “We continue to be in a strong position to deliver attractive shareholder returns, driven by growth and sustainable returns at the higher end of banks, as well as significant capital distribution, subject to regulatory approval.”

For earnings history and earnings-related data on Capital One Financial (COF) click here.

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