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COF Capital One Financial Corporation

142.56
0.00 (0.00%)
08 May 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 142.56 0 01:00:00

Capital One Financial Shares Up 8% on Higher 4Q Revenue

25/01/2023 7:26pm

Dow Jones News


Capital One Financial (NYSE:COF)
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By Kathryn Hardison

 

Shares of Capital One Financial Corp. increased 8%, to $115.09, on Wednesday after the financial services company reported an increase in fourth-quarter revenue, driven by higher net interest income and non-interest income.

Shares reached an intraday high of $115.26, marking the highest trading level since shares reached $115.53 on Nov. 14, according to FactSet.

The company said late Tuesday that its fourth-quarter revenue increased 11% from the prior-year period to $9.04 billion. 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 25, 2023 14:11 ET (19:11 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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