Capital One Financial (COF) Tops Q2 EPS by 7c, Revenues Miss

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Capital One Reports Second Quarter 2020 Net Loss of $918 million, or $2.21 per share

July 21, 2020 4:05 PM EDT

MCLEAN, Va., July 21, 2020 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced net loss for the second quarter of 2020 of $918 million, or $2.21 per diluted common share, compared with net loss of $1.3 billion, or $3.10 per diluted common share in the first quarter of 2020, and with net income of $1.6 billion, or $3.24 per diluted common share in the second quarter of 2019. Excluding adjusting items, net loss for the second quarter of 2020 was $1.61 per diluted common... More