Capital One Financial (COF) Tops Q3 EPS by 5c

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Go back to Capital One Financial (COF) Tops Q3 EPS by 5c

Capital One Reports Third Quarter 2015 Net Income of $1.1 billion, or $1.98 per share

October 22, 2015 4:20 PM EDT

MCLEAN, Va., Oct. 22, 2015 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced net income for the third quarter of 2015 of $1.1 billion, or $1.98 per diluted common share, compared to the second quarter of 2015 with net income of $863 million, or $1.50 per diluted common share, and the third quarter of 2014 with net income of $1.1 billion, or $1.86 per diluted common share. Net income for the third quarter of 2015, adjusted for the impact of a build in the U.K. Payment Protection Insurance customer refund reserve ("U.K. PPI Reserve") of $69 million, was $1.2 billion... More