•
Sep 30, 2023
Capital One Q3 2023 Earnings Report
Capital One reported solid results driven by top-line growth in the domestic card business.
Key Takeaways
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.
Net income for the third quarter of 2023 was $1.8 billion, or $4.45 per diluted common share.
Total net revenue increased 4 percent to $9.4 billion.
Period-end loans held for investment increased $3.5 billion to $314.8 billion.
Period-end total deposits increased $2.3 billion to $346.0 billion.
Capital One
Capital One
Forward Guidance
No forward guidance provided in the earnings release.