Capital One Financial Corporation (NYSE:COF ) Q2 2025 Earnings Conference Call July 22, 2025 5:00 PM ET Company Participants Jeff Norris - Senior Vice President of Finance Richard Fairbank - Founder, Chairman, CEO & President Andrew Young - Chief Financial Officer Conference Call Participants Terry Ma - Barclays Bank PLC, Research Division Richard Shane - JPMorgan Chase & Co, Research Division Sanjay Sakhrani - Keefe, Bruyette, & Woods, Inc., Research Division Ryan Nash - Goldman Sachs Group, Inc., Research Division L. Erika Penala - UBS Investment Bank, Research Division Moshe Orenbuch - TD Cowen, Research Division Donald Fandetti - Wells Fargo Securities, LLC, Research Division John Pancari - Evercore ISI Institutional Equities, Research Division Jeffrey Adelson - Morgan Stanley, Research Division Brian Foran - Truist Securities, Inc., Research Division John Hecht - Jefferies LLC, Research Division Operator Good day, and thank you for standing by.
The acquisition of Discover Financial is in the rearview mirror, having been completed in May. For Capital One, the focus is on building scale with the combined entities and on building out a national banking brand.
The headline numbers for Capital One (COF) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Capital One (COF) came out with quarterly earnings of $5.48 per share, beating the Zacks Consensus Estimate of $3.83 per share. This compares to earnings of $3.14 per share a year ago.
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Capital One Financial (NYSE:COF) is scheduled to announce its Q2 2025 results on Tuesday, July 22, representing its first earnings report since finalizing the significant acquisition of Discover in May. This all-stock agreement established the largest U.S. credit card issuer by outstanding balances and has positioned Capital One as a vertically integrated payments giant with its own network.
In mid-May of 2025, Capital One Financial Corporation NYSE: COF finalized its massive $35.3 billion acquisition of Discover Financial Services (DFS). This landmark move has already helped propel its stock more than 25% higher.
Beyond analysts' top-and-bottom-line estimates for Capital One (COF), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.
COF's Q2 earnings are anticipated to have received a lift from strong NII and fee growth, even as expenses and provisions remain elevated.
Marqeta, Visa, Mastercard and Capital One are riding the mobile payments surge with bold tech moves and growing adoption.
Capital One (COF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Concerns related to higher interest rates and poor asset quality are likely to hurt the Zacks Consumer Loans industry. Yet, loan demand, digitization of operations and easing lending standards will support COF and ENVA.