Capital One Q3 2026: $3.5 billion profit, $5.61 EPS, $6.69 adjusted
Capital One earned $3.5 billion, or $5.61 a share, in Q3 2026 — a hair above the $5.5584 consensus — while adjusted EPS of $6.69 cleared it by a fifth. The catch: $1.08 of that gap is add-backs for acquisition amortization and integration costs. Read the GAAP line for the real trend and the adjusted line for management's version of the underlying bank.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $5.61 beat the $5.5584 consensus by 0.9%, which is rounding noise rather than a beat. Adjusted EPS of $6.69 is 20.4% above consensus, but $1.08 of that comes from adding back $483 million of acquisition amortization ($0.60 a share), $338 million of Discover integration costs ($0.42) and $47 million of Brex integration costs ($0.06). Judge the quarter on the GAAP number; those add-backs are still real cash someone pays.
The release puts total net revenue at $16.3 billion, up 3.0% on the quarter, and the three segment lines add to $16.35 billion, so that is the number to trust. The filing's own data flag shows two revenue figures pulled — $16.3 billion and $2.84 billion — and only the larger one reconciles with the segment detail. Treat the $2.84 billion line as unreliable here; it does not describe a bank of this size.
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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 2026-11-04
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