Evercore ISI Remains Sidelined on Capital One Financial (COF) as Credit Concerns Likely Restrain Valuation
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Capital One Reports Fourth Quarter 2015 Net Income of $920 million, or $1.58 per share
January 26, 2016 4:07 PM EST
MCLEAN, Va., Jan. 26, 2016 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced net income for the fourth quarter of 2015 of $920 million, or $1.58 per diluted common share, compared to the third quarter of 2015 with net income of $1.1 billion, or $1.98 per diluted common share, and the fourth quarter of 2014 with net income of $999 million, or $1.73 per diluted common share.
Net income, excluding adjustments(1) for the fourth quarter of 2015 was $966 million or $1.67 per diluted common share. Adjustments are comprised of charges totaling $72 million associated with (i) closing the GE... More
