Capital One Q2 2026 net income $3.0 billion, or $4.73 per share, up from $3.34 in Q1
Capital One reported second-quarter 2026 net income of $3.0 billion, or $4.73 per diluted share, up from $3.34 in the first quarter and compared with a net loss of $4.3 billion in the second quarter of 2025. Total net revenue rose 4% to $15.9 billion, while non-interest expense rose 7% to $9.0 billion, and the company said adjusted EPS was $5.81 excluding adjusting items for acquisition amortization and integration costs.
Key points
- Net income of $3.0 billion, or $4.73 per diluted share, versus $3.34 per share in Q1 2026 and a net loss of $4.3 billion ($8.58 per share) in Q2 2025
- Adjusted EPS of $5.81 excludes $494 million of acquisition amortization, $298 million of Discover integration expenses and $96 million of Brex integration expenses, all pre-tax
- Total net revenue rose 4% to $15.9 billion; non-interest expense rose 7% to $9.0 billion
- Provision for credit losses fell $1.1 billion to $3.0 billion, including a $662 million loan reserve release
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.