Capital One Financial (NYSE: COF) reported Q3 EPS of $1.99, $0.05 better than the analyst estimate of $1.94.

Third Quarter 2015 Income Statement Summary:

• Total net revenue increased 4 percent to $5.9 billion, including ($49) million of contra-revenue from a build in the U.K. PPI Reserve, compared to ($37) million contra-revenue in the second quarter of 2015.
• Total non-interest expense decreased 4 percent to $3.2 billion:
  • 8 percent increase in marketing.
  • 6 percent decrease in operating expense, including $20 million build in the U.K. PPI Reserve, compared to $147 million in restructuring charges and a build of $41 million in the U.K. PPI Reserve in the second quarter of 2015.
• Pre-provision earnings increased 16 percent to $2.7 billion.
• Provision for credit losses decreased 3 percent to $1.1 billion.
• Efficiency ratio of 53.56 percent; Efficiency ratio excluding build in the U.K. PPI Reserve of 52.78 percent.

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