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Capital One Q3 Earnings Beat Estimates as Charge-offs Fall

By Drooid · Oct 21, 2026, 2:44 PM UTC · How we work

Summary

Capital One Beats Estimates

Capital One Financial Corp. posted adjusted earnings of $6.69 per share for Q3 2026, beating estimates.
Revenue rose 6.4% year-over-year to $16.34 billion, surpassing the $16.27 billion consensus estimate.
Net interest income increased 4% quarter-over-quarter, exceeding forecasts by $134 million.
Domestic card charge-off rate fell to 3.98%, down 73 bps QoQ and 65 bps YoY.
Capital One repurchased 12.6 million shares for $2.6 billion in Q3, $7.9 billion year-to-date in stock repurchases.

Summary

U.S. Inflation Accelerates

U.S. consumer prices rose in September at the fastest pace in five months because of higher fuel costs.
A war in Iran has pushed gasoline prices higher, adding pressure to U.S. consumers.
Capital One’s stock rose about 3.8% in after-market trading despite a 17% year-to-date decline.
Capital One reported $673.8 billion in total assets as of June 30, 2026.
Capital One announced a homeownership initiative granting a grant to each of ten finalists.

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Capital One Beats Estimates

Capital One Financial Corp. posted adjusted earnings of $6.69 per share for Q3 2026, beating estimates.
Revenue rose 6.4% year-over-year to $16.34 billion, surpassing the $16.27 billion consensus estimate.
Net interest income increased 4% quarter-over-quarter, exceeding forecasts by $134 million.
Domestic card charge-off rate fell to 3.98%, down 73 bps QoQ and 65 bps YoY.
Capital One repurchased 12.6 million shares for $2.6 billion in Q3, $7.9 billion year-to-date in stock repurchases.

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