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COF Stock Up 2.8% on Q1 Earnings Beat, NII Rises on Upbeat Card Spend

Capital One's (COF) first-quarter 2025 adjusted earnings of 4.06pershareoutpacedtheZacksConsensusEstimateof4.06 per share outpaced the Zacks Consensus Estimate of 3.66. Also, the figure reflected a jump of 26% from the prior-year quarter. Further, COF's total net revenues grew 6% year over year to 10billion.Thetopline,however,marginallymissedtheZacksConsensusEstimateof10 billion. The top line, however, marginally missed the Zacks Consensus Estimate of 10.03 billion. The primary drivers for COF's solid performance were an improvement in net interest income (NII) and robust card spend during the latter part of the quarter ...