Corrects fourth para to show revenue rose:
Capital One Financial Corp. (COF) reported that net income available to common stockholders for the first quarter of 2013 was $1.1 billion, or $1.79 per share, down from $1.4 billion or $2.72 per share, for the same quarter of 2012.
Analysts polled by Thomson Reuters expected the company to report earnings of $1.60 per share for the quarter. Analysts' estimates typically exclude special items.
Results for the first quarter of 2013 reflected higher non-interest expenses that rose to $3.028 billion from $2.504 billion in the year-ago quarter.
Total net revenue for the quarter rose to $5.551 billion from $4.935 billion in the year ago quarter. Nineteen analysts had consensus revenue estimate of $5.49 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.