PLUS1
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Capital One Financial Corporation | NYSE:COF | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.78 | 1.53% | 117.85 | 119.44 | 116.46 | 117.15 | 3,612,448 | 01:00:00 |
Capital One Financial Posts Higher 4Q Revenue
24/01/2023 9:51pm
Dow Jones News
Capital One Financial (NYSE:COF)
Historical Stock Chart
From Dec 2022 to Jan 2023
By Kathryn Hardison
Capital One Financial Corp. reported a boost to its fourth-quarter revenue from a year ago, driven by higher net interest income and non-interest income.
The financial services company posted net income of $1.2 billion, or $3.03 per share, compared with $2.4 billion, or $5.41 per share, a year ago. Adjusted per-share earnings came to $2.82, below analysts' expectation of $3.87 per share, according to FactSet.
Revenue increased 11% to $9.04 billion. Still, Capital One Financial missed the $9.07 billion analysts were looking for.
Net interest income was roughly $7.20 billion, up from $6.45 billion the year prior. Non-interest income was $1.84 billion, up from $1.67 billion a year ago.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
January 24, 2023 16:36 ET (21:36 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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