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Sep 30, 2024
Capital One Q3 2024 Earnings Report
Capital One reported strong third quarter results with increased net income and revenue.
Key Takeaways
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.
Net income for the third quarter of 2024 was $1.8 billion, or $4.41 per diluted common share.
Adjusted net income for the third quarter of 2024 was $4.51 per diluted common share.
Total net revenue increased 5 percent to $10.0 billion.
Period-end loans held for investment increased $2.1 billion, or 1 percent, to $320.2 billion.
Capital One
Capital One
Forward Guidance
No specific forward guidance provided in the release.