Capital One Profit Beats Estimates as Loan-Loss Provisions Drop
Capital One Financial Corp., the biggest US credit-card lender, swung to a profit in the second quarter as it set aside less money to cover bad loans than Wall Street...
By Paige Smith · Bloomberg Markets
Capital One Financial Corp., the biggest US credit-card lender, swung to a profit in the second quarter as it set aside less money to cover bad loans than Wall Street had anticipated.