CAPITAL ONE FINANCIAL CORP (COF) Form 8-K — Oct 20, 2026
Capital One reported Q3 2026 net income of $3.5 billion, or $5.61 per diluted share, up 17% from $3.0 billion in Q2 2026 and up 11% year over year. Adjusted EPS, excluding acquisition amortization and Discover/Brex integration expenses, was $6.69. Total net revenue rose 3% sequentially to $16.3 billion, pre-provision earnings climbed 10% to $7.5 billion, and net interest margin expanded 40 basis points to 8.41%. The net charge-off rate improved to 2.73% from 3.23% in Q2, aided by a $225 million loan reserve release.
Key figures
- Eps
- 5.61
- Revenue
- 16344000000
- Net Income
- 3539000000
- Revenue Yoy
- 0.06
- Total Assets
- 672867000000
- Cash Position
- 48889000000
- Cet1 ratio
- 13.8%
- Total deposits
- $480.7 billion
- Reserve release
- $225 million
- Efficiency ratio
- 54.19%
- Net charge off rate
- 2.73%, down 50bps QoQ
- Net interest margin
- 8.41%
- Adjusted diluted eps
- 6.69
- Pre provision earnings
- $7.5 billion, up 10% QoQ
- Adjusted efficiency ratio
- 48.76%
- Brex integration expenses
- $47 million pretax
- Loans held for investment
- $462.5 billion
- Provision for credit losses
- $2.916 billion, down $73 million QoQ
- Discover integration expenses
- $338 million pretax
- Return on tangible common equity
- 21.12%
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