Capital One Financial (COF) Reports Q1 Loss Per Share of $3.02

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Capital One Reports First Quarter 2020 Net Loss of $1.3 billion, or $3.10 per share

April 23, 2020 4:05 PM EDT

MCLEAN, Va., April 23, 2020 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced net loss for the first quarter of 2020 of $1.3 billion, or $3.10 per diluted common share, compared with net income of $1.2 billion, or $2.25 per diluted common share in the fourth quarter of 2019, and with net income of $1.4 billion, or $2.86 per diluted common share in the first quarter of 2019. Excluding adjusting items, net loss for the first quarter of 2020 was $3.02 per diluted common... More