NYSE$COF

Capital One Financial Corp · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported a net income of $3.3 billion, or $7.03 per share for the first quarter of 2021.

Capital One reported a strong first quarter in 2021 with a net income of $3.3 billion, or $7.03 per diluted common share. Strikingly strong credit drove record earnings per share, and investments in technology transformation are yielding positive results. Modern technology is facilitating the response to the pandemic and positioning the company for opportunities in the evolving digital banking landscape.

  • Net income for the first quarter of 2021 was $3.3 billion, or $7.03 per diluted common share.
  • Total net revenue decreased 3 percent to $7.1 billion.
  • Total non-interest expense decreased 7 percent to $3.7 billion.
  • Period-end total deposits increased $4.9 billion, or 2 percent, to $310.3 billion.

Headline financials

Total Revenue

$7.11B

Previous: $7.25B-1.9%
EPS (adj)

$7.03

Previous: -$3.01+333.6%
Credit Card Loans

$99.1B

Previous: $118B-15.9%
Consumer Banking Loans

$70.2B

Previous: $64B+9.7%
Commercial Banking Loans

$73.8B

Previous: $81.2B-9.1%
Capital Expenditures

-$178M

Previous: -$154M-15.6%
Free Cash Flow

$3.15B

Previous: -$1.49B+310.6%
Net Income

$3.33B

Previous: -$1.34B+348.1%
Operating Income

$3.6B

Previous: -$1.4B+358.0%
Gross Profit

$6.29B

Previous: $1.83B+244.5%
Cash & Equivalents

$50.5B

Previous: $24.9B+102.5%
Total Assets

$425B

Previous: $397B+7.1%
Stock-Based Comp

$119M

Previous: $24M+395.8%

Revenue & EPS history

Capital One · Revenue · Quarterly

$7.11B

Q1 2021-1.9%vs Q1 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Capital One · $8.1B total across 1 segment · Q4 2021

  • Credit Card
    $8.1B

Forward guidance

The company did not provide forward guidance in the press release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.4%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+2.3%

Avg return

30 days after

58%

42 / 73 earnings

Positive

+10.1%

Q3 2015

Best reaction

-14.0%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%-3.7%-5.8%
Q4 2025-4.9%-4.1%-7.2%
Q3 2025+1.5%+3.0%-4.2%
Q2 2025-2.6%-2.9%+1.2%
Q1 2025+3.6%+7.6%+8.7%
Q4 2024+5.2%+6.6%+7.5%
Q3 2024+4.6%+5.7%+21.3%
Q2 2024+0.9%+2.9%-3.9%
Q1 2024-1.8%-3.7%-7.6%
Q4 2023+5.8%+5.7%+3.4%
Q3 2023+9.9%+13.8%+19.8%
Q2 2023-2.0%-2.9%-11.0%
Q1 2023+3.1%-5.2%+8.9%
Q4 2022+8.4%+9.8%+2.2%
Q3 2022+5.1%+4.8%-0.2%
Q2 2022-5.1%-7.3%-2.2%
Q1 2022-8.9%-8.7%-8.8%
Q4 2021-2.3%-3.8%-0.4%
Q3 2021-9.6%-10.5%-7.6%
Q2 2021-1.9%-0.4%+3.1%
Q1 2021+4.4%+7.8%+17.0%
Q4 2020+0.2%+1.7%+16.3%
Q3 2020+5.8%+0.5%+13.4%
Q2 2020+5.3%+6.9%+5.6%
Q1 2020+9.0%+23.7%+16.9%
Q4 2019+2.5%+0.2%-0.6%
Q3 2019+0.5%+1.8%+5.7%
Q2 2019+2.8%+7.0%-3.1%
Q1 2019+6.8%+5.7%+3.4%
Q4 2018-8.0%-6.3%-3.4%
Q3 2018-3.0%-3.2%-2.4%
Q2 2018+0.1%+1.9%+2.1%
Q1 2018-4.9%-5.9%-2.2%
Q4 2017-0.2%-0.6%-8.4%
Q3 2017+1.2%+3.4%-2.7%
Q2 2017+8.1%+7.0%+0.2%
Q1 2017-1.9%-5.1%-6.1%
Q4 2016+1.7%+2.6%+7.5%
Q3 2016+0.0%-1.0%+12.2%
Q2 2016-0.9%+0.1%+1.4%
Q1 2016-0.9%
Q4 2015+7.9%
Q3 2015+10.1%
Q2 2015-14.0%
Q1 2015-1.6%
Q4 2014+0.5%
Q3 2014-3.5%
Q2 2014-2.5%
Q1 2014+0.5%
Q4 2013-6.0%
Q3 2013-0.9%
Q2 2013+3.3%
Q1 2013+6.5%
Q4 2012-7.7%
Q3 2012+4.7%
Q2 2012-0.8%
Q1 2012+0.9%
Q4 2011-0.3%
Q3 2011+1.5%
Q2 2011-12.7%
Q1 2011-0.0%
Q4 2010+1.5%
Q4 2007+1.5%
Q3 2010-4.0%
Q2 2010+1.4%
Q4 2008+1.4%
Q1 2009+1.4%
Q4 2009+1.4%
Q1 2010-0.8%
Q3 2009+5.4%
Q3 2008+5.4%
Q2 2009-4.0%
Q2 2008-4.0%

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