Capital One's Q4 2024 results showed a net income of $1.1 billion, or $2.67 per diluted common share. The quarter was marked by steady top-line growth in the domestic card business, strong originations and loan growth in the auto business, and stable credit results across all businesses. Total net revenue increased by 2 percent to $10.2 billion.
Capital One's third quarter 2024 net income was $1.8 billion, or $4.41 per diluted common share. Total net revenue increased 5% to $10.0 billion. The quarter included adjusting items for Discover integration expenses and FDIC special assessment.
Capital One reported a net income of $597 million for the second quarter of 2024, with earnings per diluted common share at $1.38. The adjusted net income was $3.14 per diluted common share. Total net revenue increased by 1 percent to $9.5 billion.
Capital One reported a net income of $1.3 billion for the first quarter of 2024, or $3.13 per diluted common share. Total net revenue decreased by 1 percent to $9.4 billion, and adjusted net income was $3.21 per diluted common share.
Capital One's Q4 2023 results showed a net income of $706 million, or $1.67 per share. Total net revenue increased slightly, and the balance sheet remained strong. The quarter was impacted by a FDIC special assessment.
Capital One reported a net income of $1.8 billion for Q3 2023, with earnings per diluted common share at $4.45. Total net revenue increased by 4% to $9.4 billion. The company's performance was fueled by strong top-line growth in the domestic card business.
Capital One reported a net income of $1.4 billion for the second quarter of 2023, or $3.52 per diluted common share. Total net revenue increased by 1% to $9.0 billion, while total non-interest expense decreased by 3% to $4.8 billion.
Capital One reported a net income of $960 million for the first quarter of 2023. The company built additional balance sheet strength by growing retail deposits and maintaining strong capital and liquidity levels. They continue to see growth opportunities in their domestic card business and digital-first national retail bank.
Capital One reported a net income of $1.2 billion for Q4 2022, with earnings per diluted common share at $3.03. Total net revenue increased by 3% to $9.0 billion. The quarter's results reflect strong top-line growth and strategic investments in technology.
Capital One reported a net income of $1.7 billion for Q3 2022, with total net revenue increasing by 7% to $8.8 billion. The company saw growth in loans and deposits, and is focusing on marketing and asset growth to deliver long-term shareholder value.
Capital One reported a net income of $2.0 billion for the second quarter of 2022, with a total net revenue increase of 1% to $8.2 billion. Period-end loans held for investment increased by $15.9 billion, or 6%, to $296.4 billion.
Capital One reported a net income of $2.4 billion for the first quarter of 2022, or $5.62 per diluted common share. The company saw strong growth across its businesses, with total net revenue increasing by 1 percent to $8.2 billion.
Capital One reported a net income of $2.4 billion for Q4 2021, or $5.41 per share. Total net revenue increased by 4% to $8.1 billion. Period-end loans held for investment increased by $16.0 billion, or 6%, to $277.3 billion.
Capital One reported a strong third quarter with a net income of $3.1 billion, or $6.78 per share. Excluding adjusting items, the net income was $6.86 per share. Total net revenue increased 6 percent to $7.8 billion.
Capital One reported a net income of $3.5 billion, or $7.62 per diluted common share, for the second quarter of 2021. Total net revenue increased 4 percent to $7.4 billion.
Capital One reported a strong first quarter in 2021 with a net income of $3.3 billion, or $7.03 per diluted common share. Strikingly strong credit drove record earnings per share, and investments in technology transformation are yielding positive results. Modern technology is facilitating the response to the pandemic and positioning the company for opportunities in the evolving digital banking landscape.
Capital One reported a net income of $2.6 billion, or $5.35 per diluted common share, for the fourth quarter of 2020. Excluding adjusting items, net income was $5.29 per diluted common share. The Board of Directors authorized a common stock repurchase program of up to $7.5 billion.
Capital One reported net income for the third quarter of 2020 of $2.4 billion, or $5.06 per diluted common share. Total net revenue increased 13 percent to $7.4 billion.
Capital One reported a net loss of $918 million, or $2.21 per diluted common share, for the second quarter of 2020. Total net revenue decreased by 10% to $6.6 billion, and the company's investments in technology and digital transformation are powering their response to the pandemic.
Capital One reported a net loss of $1.3 billion for the first quarter of 2020, or $3.10 per diluted common share. This is compared to a net income of $1.4 billion, or $2.86 per diluted common share in the first quarter of 2019. The results were impacted by a significant increase in the provision for credit losses, which rose by 198 percent to $5.4 billion.
Capital One reported a net income of $1.2 billion, or $2.25 per diluted common share, for the fourth quarter of 2019. Total net revenue increased by 7% to $7.4 billion.