By Josh Beckerman
Capital One Financial Corp. reported net income of $1.153
billion in the first quarter, as revenue rose 5% to $5.65
billion.
The company said "we continued to post strong results across our
businesses."
As one of the country's largest credit-card lenders, Capital
One's results are often considered a gauge of consumer sentiment.
The company also offers traditional bank accounts, mortgages, auto
loans and commercial loans.
Capital One reported a profit of $1.153 billion, or $2 a share,
compared with $1.154 billion, or $1.96 a share, in the same period
a year earlier.
Analysts polled by Thomson Reuters expected per-share profit of
$1.88 on revenue of $5.7 billion.
Write to Josh Beckerman at josh.beckerman@wsj.com
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