High Rates, Loan Growth to Aid Capital One (COF) in Q1 Earnings
COFCapital One(COF) Zacks Investment Research·2024-04-23 01:01

Capital One (COF) is scheduled to report first-quarter 2024 results on Apr 25, after market close. Its earnings and revenues are expected to have witnessed increases on a year-over-year basis. In the last reported quarter, the company’s earnings lagged the Zacks Consensus Estimate. Results were adversely impacted by higher provisions, increasing deposit costs and a rise in non-interest expenses. However, an increase in net interest income (NII) and higher loan balance offered support. Capital One does not h ...