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Capital One's first-quarter profit jumps on interest income boost
Capital One's first-quarter profit jumps on interest income boost. Net interest income rose 4% to $7.49 billion in the quarter. Credit card business makes up half of the company's loan portfolio. Capital One is the third-largest issuer of credit cards in the United States.
Reuters · 4h ago
CAPITAL ONE FINANCIAL- 30+ DAY PERFORMING DELINQUENCIES RATE FOR DOMESTIC CREDIT CARD 4.48% AT MARCH END VS 4.72% AT FEB END
Reuters · 6h ago
CAPITAL ONE FINANCIAL - 30+ DAY PERFORMING DELINQUENCIES RATE FOR AUTO 5.28 % AT MARCH END VS 5.51% AT FEB END
Reuters · 6h ago
CAPITAL ONE FINANCIAL – MARCH AUTO NET CHARGE-OFFS RATE 1.66 % VS 1.95% IN FEB
Reuters · 6h ago
BRIEF-Capital One Q1 EPS USD 3.13 Vs. IBES Estimate USD 3.31
BRIEF-Capital One Q1 EPS USD 3.13 Vs. IBES Estimate of $3.31. Capital One reports Q1 income of $1,280 million. Q1 loan loss provision was $2,683 million. The bank says it expects to report a full-year profit of $7.5 billion.
Reuters · 6h ago
OCC: OCC EXTENDS COMMENT PERIOD ON APPLICATION BY CAPITAL ONE TO ACQUIRE DISCOVER BANK UNTIL 5:00 P.M. EDT ON MAY 31
Reuters · 1d ago
U.S. bank regulators extend comment period on Capital One-Discover deal
U.S. Bank regulators extend comment period on Capital One-Discover deal. Public will have until May 31 to weigh in on the pending $35 billion deal. The deal would create the sixth-largest bank and a payments giant. Previously, comments were due by April 26.
Reuters · 1d ago
What to Watch in the Day Ahead - Thursday, April 25
Microsoft's revenue is expected to have grown 15% as AI investments drive gains in the tech industry. Data expected to show a slowdown in U.S. Economic growth in the first quarter. The Treasury Secretary Janet Yellen will be interviewed in New York. American Airlines expected to report a rise in first-quarter earnings.
Reuters · 1d ago
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