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Capital One Reports Second Quarter 2021 Net Income of $3.5 billion, or $7.62 per share prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Share this article Share this article MCLEAN, Va., April 27, 2021 /PRNewswire/ Capital One Financial Corporation (NYSE: COF) today announced net income for the first quarter of 2021 of $3.3 billion, or $7.03 per diluted common share, compared with net income of $2.6 billion, or $5.35 per diluted common share in the fourth quarter of 2020, and with a net loss of $1.3 billion, or $3.10 per diluted common share in the first quarter of 2020. Strikingly strong credit drove another quarter of record earnings per share, and our investments to transform our technology and how we work are paying off, said Richard D. Fairbank, Founder, Chairman and Chief Executive Officer. Our modern technology is powering our response to the pandemic, and putting us in a strong position for opportunities that emerge as sweeping digital change transforms banking. ....
Share this article Share this article MCLEAN, Va., Jan. 26, 2021 /PRNewswire/ Capital One Financial Corporation (NYSE: COF) today announced net income for the fourth quarter of 2020 of $2.6 billion, or $5.35 per diluted common share, compared with net income of $2.4 billion, or $5.06 per diluted common share in the third quarter of 2020, and with net income of $1.2 billion, or $2.25 per diluted common share in the fourth quarter of 2019. Excluding adjusting items, net income for the fourth quarter of 2020 was $5.29 per diluted common share (1). In addition, Capital One s Board of Directors has authorized a common stock repurchase program of up to $7.5 billion. Our long-standing strategic choices put us in a strong position to respond to both the near-term challenges and the emerging opportunities as the pandemic plays out, said Richard D. Fairbank, Founder, Chairman and Chief Executive Officer. Despite the pressures of the pandemic in the near-term, nothing ....