Capital One Financial Corporation Announces Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016
For the year, the company reported total interest income of $22,891 million against $20,459 million a year ago. Net interest income was $20,873 million against $18,834 million a year ago. Income from continuing operations before income taxes was $5,484 million against $5,881 million a year ago. Net income available to common stockholders was $3,513 million or $6.89 per diluted common share against $3,872 million or $7.07 per diluted common share a year ago. Tangible book value per common share was $57.76 against $53.65 a year ago.
For the fourth quarter of 2016, the company reported net charge-offs of $1,489 million against $1,078 million a year ago.