NYSE$COF
Capital One Financial Corp · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Reported a net income of $960 million for Q1 2023.
Capital One reported a net income of $960 million for the first quarter of 2023. The company built additional balance sheet strength by growing retail deposits and maintaining strong capital and liquidity levels. They continue to see growth opportunities in their domestic card business and digital-first national retail bank.
- Total net revenue decreased 2 percent to $8.9 billion.
- Total non-interest expense decreased 3 percent to $4.9 billion.
- Provision for credit losses increased $379 million to $2.8 billion due to net charge-offs of $1.7 billion and a $1.1 billion loan reserve build.
- Period-end total deposits increased $16.8 billion, or 5 percent, to $349.8 billion.
Headline financials
Revenue & EPS history
Capital One · Revenue · Quarterly
$8.9B
Revenue by segment
Capital One · $8.1B total across 1 segment · Q4 2021
- Credit Card$8.1B—100.0%
Forward guidance
The company did not provide specific forward guidance in the earnings report.
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 2023
+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
| Quarter | Report date | Reaction (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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