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COF Stock Up 2.8% on Q1 Earnings Beat, NII Rises on Upbeat Card Spend
ZACKS· 2025-04-23 22:01
Capital One's (COF) first-quarter 2025 adjusted earnings of $4.06 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 $10 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 ...