Capital One Reports First Quarter 2021 Net Income of $3.3 billion, or $7.03 per share
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Capital One Financial (COF) Tops Q1 EPS by $2.86; $1.6B Loan Reserve Release
April 27, 2021 4:17 PM EDTCapital One Financial (NYSE: COF) reported Q1 EPS of $7.03, $2.86 better than the analyst estimate of $4.17. Revenue for the quarter came in at $7.1 billion versus the consensus estimate of $6.98 billion.
Provision for credit losses decreased $1.1 billion to $(823) million:
Net charge-offs of $740 million.$1.6... More