Home > Quick > Body

Capital One Profit Beats Estimates as Loan-Loss Provisions Fall

clock
2026-07-21 20:24:31
Capital One Financial Corp. swung to a second-quarter profit after setting aside less money for bad loans than Wall Street expected, according to Bloomberg.

The biggest US credit-card lender said the drop in loan-loss provisions helped lift results.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.