Capital One Reports Third Quarter 2026 Net Income of $3.5 billion, or $5.61 per share
Capital One reported Q3 2026 net income of $3.5 billion, or $5.61 per diluted share, up 17% sequentially and 11% year-over-year; adjusted EPS was $6.69 excluding acquisition amortization and Discover/Brex integration expenses. Total net revenue rose 3% from Q2 to $16.3 billion, with net interest margin expanding 40bps to 8.41% and pre-provision earnings up 10% to $7.5 billion. Credit quality improved: provision fell to $2.9 billion with a $225 million reserve release, net charge-offs dropped 14% QoQ to $3.1 billion, and the net charge-off rate fell 50bps to 2.73%.
Key figures
- Eps
- 5.61
- Revenue
- 16344000000
- Revenue Yoy
- 6% (Q3 2026 vs Q3 2025 total net revenue growth)
- Cet1 ratio
- 13.8%
- Net income
- 3539000000
- Total deposits
- 480697000000
- Net charge offs
- 3121000000
- Efficiency ratio
- 54.19%
- Period end loans
- 462530000000
- Dividend per share
- 0.8
- Net charge off rate
- 2.73%
- Net interest margin
- 8.41%
- Adjusted diluted eps
- 6.69
- Loan reserve release
- 225000000
- Net income qoq growth
- 17%
- Pre provision earnings
- 7488000000
- Adjusted efficiency ratio
- 48.76%
- Provision for credit losses
- 2916000000
- Tangible book value per share
- 102.72
AI analysis
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