Capital One Financial Corporation · COF · Next earnings

Capital One Financial Corporation reports Tuesday, Oct 20, 2026

COF reports after market close with consensus EPS at $5.40 and revenue at $16.28B. Last quarter: Capital One Beats on EPS as Discover Integration Advances, Brex Adds Early Synergies

Reports After market close30 days awayDate estimated Financial Services

What the street expects

Consensus for the coming report
Consensus EPS $5.40 Calendar consensus
Consensus revenue $16.28B Calendar consensus
Report date Oct 20, 2026 Tuesday, date estimated
Session After market close 30 days away

Where COF left off: FY2026 Q2

Full report

Capital One Beats on EPS as Discover Integration Advances, Brex Adds Early Synergies

EPS surprise +21.3% Reported $5.81 vs $4.79
Revenue surprise +0.6% Reported $15.85B vs $15.76B
Stock move -2.4% Event window
Subsequent drift +5.5% Up to 20 sessions

Management maintained guidance. They reiterated plans to complete remaining Discover originations migration to Capital One technology by end of Q3, scale Brex integration including marketing and travel portal rollout, and deliver the remaining two-thirds of operating expense synergies by H2 2027.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Discover loan-growth brownout could limit near-term card growth.
  • Integration risk across Brex and Discover technology platforms.
  • Higher marketing and technology spend may pressure operating efficiency.
  • Potential NIM compression from large cash balances.
  • Economic slowdown could deteriorate credit performance.

Questions analysts left open

  • Timing and magnitude of Brex expense absorption and ROI.
  • Impact of liquidity declines on NIM in upcoming quarters.
  • Back-log of operating expense synergies and efficiency ratio outlook.
  • Domestic card loan growth slowdown and Discover brownout.
  • Capital return policy and potential for additional share buybacks.

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Recent COF quarters

All COF earnings
-2.4%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.