Tags: Capital One | card | credit | profit

Capital One Profit Rises 8 Percent on Card Growth

Thursday, 17 July 2014 04:28 PM

Capital One Financial Corp., one of the largest U.S. credit card issuers, reported an 8 percent rise in quarterly profit as card loans grew and credit quality remained stable.

The company's net income attributable to common stockholders rose to $1.18 billion, or $2.04 per share, in the second quarter ended June 30, from $1.09 billion, or $1.85 per share, a year earlier.

Total net revenue fell 3 percent to $5.47 billion.

© 2021 Thomson/Reuters. All rights reserved.


   
1Like our page
2Share
Companies
Capital One Financial Corp., one of the largest U.S. credit card issuers, reported an 8 percent rise in quarterly profit as card loans grew and credit quality remained stable.
Capital One, card, credit, profit
71
2014-28-17
Thursday, 17 July 2014 04:28 PM
Newsmax Media, Inc.
 
Newsmax TV Live

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved