Capital One's Patience Testing Transformation: Will Earnings Growth Keep Up? The recent earnings report from Capital One Financial has left investors with a mixed bag of emotions.
While the company beat top line expectations, its business model transformation remains uncertain. As the second largest bank in the US continues to integrate with Discover, patience is wearing thin.
Revenue growth of 27% year over year, driven by a 39% increase in non interest income, has set a new benchmark for Capital One.