COF Up as Q1 Earnings Beat on Higher NII & Fee Income, Provisions Dip
Shares of Capital One (COF) jumped 2.8% in after-hours trading following the announcement of better-than- expected first-quarter 2025 results. Adjusted earnings of 3.66. The bottom line also compared favorably with $3.21 in the prior-year quarter. Results benefited from higher net interest income (NII) and non-interest income. Also, provisions declined during the quarter. However, the increase in expenses and lower loan balance were undermin ...