Capital One (COF) Q1 Earnings Miss, Provisions Decline Y/Y
Capital One(COF) Zacks Investment Research·2024-04-27 00:21
Capital One’s (COF) first-quarter 2024 adjusted earnings of 3.25. In the prior-year quarter, earnings per share was 42 million. Results were adversely impacted by higher expenses. Also, loan balances witnessed a sequential decline in the quarter. Nevertheless, an increase in net interest income (NII), along with higher non-interest income, supported the results to some ...