Capital One’s first quarter results showed consumers continue to spend on their cards — and management touted the benefits of the proposed $35 billion buyout of Discover Financial Services.Purchase volume on its cards was up 6% year over year to $146.6 billion, but was 7% below the fourth quarter of 2023.The company’s supplementals showed that the card segment’s net charge-off rate of 5.9% is up from 4% a year ago.Consumer banking average loans decreased $1.1 billion, or 2%, to $75.1 billion.CEO Richard Fai ...