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Mar 31, 2024
Capital One Q1 2024 Earnings Report
Capital One reported first quarter 2024 results with net income of $1.3 billion and adjusted EPS of $3.21.
Key Takeaways
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.
Net income for the first quarter of 2024 was $1.3 billion, or $3.13 per diluted common share.
Total net revenue decreased 1 percent to $9.4 billion.
Total non-interest expense decreased 10 percent to $5.1 billion.
Period-end total deposits increased $2.6 billion, or 1 percent, to $351.0 billion.
Capital One
Capital One
Forward Guidance
No specific forward guidance was provided in the press release.