Capital One Financial Corp. (NYSE:COF) posted its third-quarter fiscal 2026 results after Tuesday’s closing bell, easily beating consensus estimates. Here’s a look at the details inside the report.
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Capital One Q3 Details
Capital One reported quarterly earnings of $6.69 per share, which beat the analyst consensus estimate of $5.50 by 21.64%, per Benzinga Pro data.
Quarterly revenue came in at $16.34 billion, which beat the Street estimate of $16.26 billion.
Capital One reported the following quarterly details:
- Provision for credit losses decreased $73 million to $2.9 billion.
- Net charge-offs of $3.1 billion.
- $225 million loan reserve release.
- Net interest margin of 8.41%, an increase of 40 basis points.
- Efficiency ratio of 54.19%.
- Adjusted efficiency ratio of 48.76%.
- Adjusted operating efficiency ratio of 38.99%.
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“The Discover integration continues to go well and we’re making good progress on delivering the expected synergies,” said Richard Fairbank, CEO. “We continue to invest to deliver sustained growth and value creation over the long term.”
COF Stock Price: According to data from Benzinga Pro, Capital One stock was up 6.67% to $215 in Tuesday’s extended trading.
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