earnings
confidence high
sentiment positive
materiality 0.85
Capital One Q1 net income $1.4B, EPS $3.45; adjusted EPS $4.06; Discover acquisition approved, closing May 18
CAPITAL ONE FINANCIAL CORP
2025-Q1 EPS reported
$3.45
revenue$10,000,000,000
- Net income $1.4B ($3.45 diluted EPS) vs $1.3B ($3.13) YoY; adjusted EPS $4.06 excludes $0.39 legal and $0.22 integration costs.
- Total net revenue $10.0B, down 2% QoQ; pre-provision earnings flat at $4.1B.
- Provision for credit losses $2.4B, down $273M QoQ; net charge-offs $2.7B; loan reserve release $368M.
- Regulatory approval received for Discover acquisition; closing expected May 18, 2025.
- Legal reserve activities $198M pre-tax; Discover integration expenses $110M pre-tax.