COF's Q4 Earnings Beat on Increase in NII & Fee Income, Provisions Dip

Capital One’s (COF) fourth-quarter 2024 adjusted earnings of $3.09 per share handily surpassed the Zacks Consensus Estimate of$2.66. The bottom line also compared favorably with $2.24 in the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results gained from higher net interest income (NII) and non-interest income and rise in loans and deposits. Also, provisions declined during the quarter. However, the increase in expenses was the undermining factor.Results excl ...