Capital One posts Q3 2026 earnings beat on higher revenue and lower credit losses
Capital One Financial reported third‑quarter 2026 results on October 20, 2026. Net income was $3.5 billion, or $5.61 per diluted share, while adjusted earnings per share were $6.69. Revenue rose 3% sequentially to $16.3 billion, beating consensus estimates. The company highlighted progress on the Discover integration and a lower provision for credit losses, which helped lift net interest margin to 8.41%.
Why it matters
The earnings beat and higher net interest margin suggest stronger profitability, which may support the company’s dividend payout and could encourage investors to hold or add positions. The lower credit‑loss provision reduces expected future expenses, improving cash flow outlook.
Key facts
- 1Net income for Q3 2026 was $3.5 billion, or $5.61 per diluted share. tradingview.com
- 2Adjusted EPS for Q3 2026 was $6.69. tradingview.com
- 3Total revenue increased 3% sequentially to $16.3 billion. stocktitan.net
- 4Net interest margin was 8.41%, up 40 basis points from the prior quarter. stocktitan.net
- 5Provision for credit losses decreased to $73 million. stocktitan.net
- 6CEO Richard D. Fairbank said the Discover integration is progressing and synergies are being delivered. stocktitan.net
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.