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Jun 30, 2021

Capital One Q2 2021 Earnings Report

Capital One reported net income for the second quarter of 2021.

Key Takeaways

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.

Total net revenue increased 4 percent to $7.4 billion.

Net income for the second quarter of 2021 was $3.5 billion.

Period-end loans held for investment in the quarter increased $6.5 billion, or 3 percent, to $249.6 billion.

Period-end total deposits decreased $4.0 billion, or 1 percent, to $306.3 billion.

Total Revenue
$7.37B
Previous year: $6.56B
+12.5%
EPS
$7.71
Previous year: -$2.21
-448.9%
Credit Card Loans
$101B
Previous year: $107B
-5.9%
Consumer Banking Loans
$74.8B
Previous year: $66.7B
+12.1%
Commercial Banking Loans
$73.8B
Previous year: $77.5B
-4.8%
Gross Profit
$7.37B
Previous year: $6.41B
+15.0%
Cash and Equivalents
$35.1B
Previous year: $56.6B
-38.0%
Free Cash Flow
$3.9B
Previous year: $3.62B
+7.7%
Total Assets
$423B
Previous year: $421B
+0.5%

Capital One

Capital One

Forward Guidance

No forward guidance was provided in the press release.