•
Sep 30, 2021
Capital One Q3 2021 Earnings Report
Reported a net income of $3.1 billion, or $6.78 per share, excluding adjusting items, net income was $6.86 per share.
Key Takeaways
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.
Total net revenue increased 6 percent to $7.8 billion.
Pre-provision earnings increased 7 percent to $3.6 billion.
Period-end loans held for investment in the quarter increased $11.8 billion, or 5 percent, to $261.4 billion.
Common equity Tier 1 capital ratio under Basel III Standardized Approach of 13.8 percent at September 30, 2021.
Capital One
Capital One
Forward Guidance
No forward guidance was given in the release.