Narrow-moat-rated Capital One reported fourth-quarter results that were mostly in line with our expectations, though credit costs did come in higher than we had anticipated and were a drag on ...

Capital One reported a net income of $1.09 billion in 2024Q4, and the company's costs relating to provisions for credit loss is $2.64 billion, which far exceeds the company's net income.

The credit card specialist Capital One (COF 3.30%) is not immune. Bank management reported a solid spike in loan losses, as well as a rise in delinquencies in its fourth-quarter earnings results.

Capital One’s net interest income increased 9% year over year but decreased 1% to $7.1 billion. The annual increase in net interest income can be entirely attributed to credit card loan growth.

Capital One Financial (NYSE:COF) turned in mixed Q4 results as earnings beat the Street consensus, revenue met, and net interest income fell short of expectations. The provision for credit losses ...

The upbeat assessment on U.S. consumers helped Capital One release some $245 million in reserves it had accumulated to guard against loan losses. Improved trends in its auto business and its ...

Today, Capital One's allowance for losses is elevated, but overall defaults are back in normal ranges. Default rates on auto loans and credit cards are rising quickly but are no higher than before ...

Capital One set aside $3.9 billion in provisions for loan losses, up from $2.5 billion a year earlier. Net charge-offs, or debts that are unlikely to be recovered, rose to $2.6 billion from $2.2 ...

Capital One Financial Corp. reported net charge offs that were higher than analysts expected as borrowers fell behind on ... The firm boosted its provision for credit losses by $573 million to $2. ...

Capital One, an online consumer bank and credit card issuer backed by investor Warren Buffett, is considering a potential acquisition of credit card lender Discover Financial Services, a person fam… ...