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Dec 31, 2023
Capital One Q4 2023 Earnings Report
Capital One reported a net income of $706 million for Q4 2023, with earnings per share (EPS) at $1.67. Adjusted EPS, excluding specific items, was $2.24. The company saw a slight increase in total net revenue and managed a solid balance sheet.
Key Takeaways
Capital One's Q4 2023 results showed a net income of $706 million, or $1.67 per share. Total net revenue increased slightly, and the balance sheet remained strong. The quarter was impacted by a FDIC special assessment.
Net income for Q4 2023 was $706 million, or $1.67 per diluted common share.
Total net revenue increased 1 percent to $9.5 billion.
Period-end loans held for investment increased by $5.7 billion, or 2 percent, to $320.5 billion.
Period-end total deposits increased $2.4 billion, or 1 percent, to $348.4 billion.
Capital One
Capital One
Capital One Revenue by Segment
Forward Guidance
Capital One did not provide specific forward guidance in this earnings report. The report focused on the results of the fourth quarter of 2023 and full year 2023.