Jefferies Remains Sidelined on Capital One Financial (COF) Following 2Q Results
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Capital One Reports Second Quarter 2016 Net Income of $942 million, or $1.69 per share
July 21, 2016 4:06 PM EDTMCLEAN, Va., July 21, 2016 /PRNewswire/ --Â Capital One Financial Corporation (NYSE: COF) today announced net income for the second quarter of 2016 of $942 million, or $1.69 per diluted common share, compared to the first quarter of 2016 with net income of $1.0 billion, or $1.84 per diluted common share, and the second quarter of 2015 with net income of $863 million, or $1.50 per diluted common share. Excluding Adjusting items, net income for the second quarter of 2016 was $979 million or $1.76 per share.
"In the second quarter, Capital One sustained top-line growth, delivered successful 2016 CCAR results, and affirmed our... More
