NYSE$COF
Capital One Financial Corp · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Capital One reported second quarter net income with increased total net revenue and decreased non-interest expense.
Capital One reported a net income of $1.4 billion for the second quarter of 2023, or $3.52 per diluted common share. Total net revenue increased by 1% to $9.0 billion, while total non-interest expense decreased by 3% to $4.8 billion.
- Total net revenue increased by 1% to $9.0 billion.
- Total non-interest expense decreased by 3% to $4.8 billion.
- Pre-provision earnings increased 7% to $4.2 billion.
- Period-end loans held for investment increased by $2.5 billion, or 1%, to $311.3 billion.
Headline financials
Revenue & EPS history
Capital One · Revenue · Quarterly
$9.01B
Revenue by segment
Capital One · $8.1B total across 1 segment · Q4 2021
- Credit Card$8.1B—100.0%
Forward guidance
The company will hold an earnings conference call on July 20, 2023 at 5:00 PM Eastern Time. The conference call will be accessible through live webcast.
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 Q2 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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