Will Capital One (COF) beat quarterly earnings? Odds jumped to 100% on Jul 21, 2026

CAPITAL ONE $COF Q2 NET INCOME $3.0B, $4.73 PER SHARE • • Q2 2026 (vs Q1 2026 unless noted): • - Net income: $3.0B, $4.73 per diluted share • - Adjusted EPS: $5.81, excluding acquisition amortization, Discover integration and Brex integration expenses • - Total net revenue: $15.9B, up 4% • - Provision for credit losses: $3.0B, down $1.1B, including a $662M loan reserve release • - Net charge-offs: $3.6B • - Net interest margin: 8.01%, up 14 bps • - Efficiency ratio: 57.05% • • Net income compares with $2.2B, or $3.34 per share, in Q1 2026, and a net loss of $4.3B, or $(8.58) per share, in Q2 2025, when Capital One closed its Discover acquisition. • • Period-end loans held for investment rose $9.4B to $457.2B. Domestic Card loans rose $5.0B to $259.0B, and Auto loans rose $3.6B to $89.3B. • • CEO Richard Fairbank said the quarter "continue[s] to reflect solid top line growth and strong credit performance," adding the company is "14 months into our integration of Discover, and integration is going well."