Capital One Financial

Q2 FY2026 EarningsQ2 FY26 net income reached $3.0B, or $4.73 per diluted share ($5.81 adjusted), driven by a $1.1B decrease in credit loss provisions. Total net revenue rose 4% QoQ to $15.9B, while NIM expanded 14bps to 8.01%. Integration of Discover and Brex impacted expenses, resulting in an efficiency ratio of 57.05% (51.38% adjusted). CET1 capital ratio remained strong at 13.7%.