Capital One Q2 2026: $3.0B net income, $4.73 EPS, revenue up 4%
Capital One earned $3.02 billion, or $4.73 a share, in the second quarter of 2026 — up from $2.17 billion and $3.34 in the first quarter, though a hair below the $4.80 consensus. Strip out $0.60 of acquisition amortization plus $0.48 of Discover and Brex integration costs and adjusted EPS is $5.81. Read the quarter as solid core growth with rising expenses and a helpful reserve release.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $4.73 came in 1.5% below the $4.80 consensus, but adjusted EPS — which strips out adjusting items — was $5.81. The $1.08 gap is itemized: $0.60 acquisition amortization, $0.36 Discover integration and $0.12 Brex integration. So the underlying quarter was better than the headline number suggests; the miss is an accounting-cost story.
Total net revenue was $15.9 billion, up 4.0% from the first quarter, with the Credit Card segment alone contributing $11.77 billion and Consumer Banking $3.21 billion. One data caveat worth knowing: the structured feed tagged revenue at $2.76 billion, while the press release and the segment totals both say $15.9 billion. Use the press-release figure.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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