Capital One Q3 2026 net income rises 17% quarter-on-quarter to $3.5 billion
COF•Capital One’s third-quarter 2026 net income rose 17% from the second quarter to $3.5 billion. Revenue increased to $16.3 billion, non-interest expense fell to $8.9 billion and provision for credit losses declined to $2.9 billion; net charge-offs were $3.1 billion.
1. Quarterly results
Capital One reported third-quarter 2026 net income of $3.5 billion, up 17% from the second quarter. Total net revenue rose to $16.3 billion, while total non-interest expense fell to $8.9 billion. Provision for credit losses declined to $2.9 billion, and net charge-offs totaled $3.1 billion. CEO Richard D. Fairbank said the Discover integration continues to go well, with progress toward delivering expected synergies.
