After today's market close, the McClean, VA-based bank reported earnings of $1.90 per diluted share. Adjusted earnings were $2.03 per share.
Analysts surveyed by FactSet were looking for earnings of $1.94 per share.
Revenue for the period was $6.46 billion, higher than Wall Street's forecasts of $6.40 billion.
"Our strong growth over the last two years puts us in a strong position to deliver attractive shareholder returns, driven by growth and sustained returns at the higher end of banks, as well as significant capital distribution, subject to regulatory approval," CEO Richard Fairbank said in a statement.
About 4.33 million of the company's shares changed hands today compared to its average volume of 3.19 million shares per day.
Separately, TheStreet Ratings Team has a "Buy" rating with a score of B- on Capital One stock.
The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures.
The team believes its strengths outweigh the fact that the company has had somewhat disappointing return on equity.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: COF