Capital One Financial Corporation: Beat — EPS $6.69, Revenue $16.34B
Earnings BeatQ3 2026 · After-market
Did Capital One Financial Corporation (COF) beat earnings?
Yes, Capital One Financial Corporation (COF) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+21.64% surprise
$6.69Actual
Expected: $5.50
Total Revenue+0.63% surprise
$16.34BActual
Expected: $16.24B
vs. year ago +6.0%
Released Oct 20 · 4:05 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Total net revenue | $16.34B | $15.36B | +6.4 |
| Consolidated revenue by source | |||
| └─Net interest income | $12.89B | $12.40B | +3.9 |
| └─Non-interest income | $3.46B | $2.96B | +17.0 |
| Revenue by business — separate view | |||
| └─Credit Card | $12.15B | $11.61B | +4.7 |
| └─Consumer Banking | $3.30B | $2.83B | +16.5 |
| └─Commercial Banking | $901.00M | $904.00M | -0.3 |
| └─Other | $(4)M | $16.00M | -125.0 |
| Net income | $3.54B | $3.19B | +11.0 |
| Net income per basic common share | $5.62 | $4.83 | +16.0 |
| Net income per diluted common share | $5.61 | $4.83 | +16.0 |
| Adjusted diluted earnings per share | $6.69 | - | - |
Business Highlights
- ➤The Discover integration continued to progress, with expected synergies advancing.
- ➤Completed the Brex acquisition on April 7, 2026, in a stock-and-cash transaction.
- ➤Operates as a premier global payments provider and diversified financial institution.
- ➤Delivers consumer lifestyle and shopping experiences through Credit Card, Consumer Banking, and Commercial Banking.
- ➤Remains the only major U.S. bank fully migrated to the public cloud.
- ➤Uses proprietary data and advanced analytics to democratize financial tools.
- ➤Serves primary markets in the United States, Canada, and the United Kingdom.
Management Commentary
Richard D. Fairbank, Founder, Chairman, and Chief Executive Officer
“The Discover integration continues to go well and we’re making good progress on delivering the expected synergies.”
Richard D. Fairbank, Founder, Chairman, and Chief Executive Officer
“We continue to invest to deliver sustained growth and value creation over the long-term.”