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Dec 31, 2022
Capital One Q4 2022 Earnings Report
Capital One reported Q4 2022 net income of $1.2 billion.
Key Takeaways
Capital One reported a net income of $1.2 billion for Q4 2022, with earnings per diluted common share at $3.03. Total net revenue increased by 3% to $9.0 billion. The quarter's results reflect strong top-line growth and strategic investments in technology.
Net income for the fourth quarter of 2022 was $1.2 billion, or $3.03 per diluted common share.
Total net revenue increased 3 percent to $9.0 billion.
Period-end total deposits increased $15.8 billion, or 5 percent, to $333.0 billion.
Credit Card period-end loans increased $10.8 billion, or 9 percent, to $137.7 billion.