earnings
confidence high
sentiment negative
materiality 0.80
Capital One Q4 net income $1.2B (EPS $3.03, adjusted $2.82); revenue $9.0B, up 3% QoQ
CAPITAL ONE FINANCIAL CORP
2022-FY EPS reported
$17.91
revenue$34,250,000,000
- Net income $1.2B ($3.03 diluted EPS); adjusted net income $2.82/sh; down from $5.41 in Q4 2021.
- Total net revenue $9.0B, up 3% from Q3 2022; full-year revenue $34.3B, up 13%.
- Provision for credit losses $2.4B, up $747M from Q3; net charge-offs $1.4B; loan reserve build $1.0B.
- Period-end loans $312.3B, up 3% from Q3; deposits $333.0B, up 5%; CET1 ratio 12.5%.
- Marketing expense up 14% in Q4 and 40% for the full year 2022.