Fitch: Steady 1Q15 Earnings For Capital One

April 24, 2015 3:05 PM

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(The following statement was released by the rating agency) CHICAGO, April 24 (Fitch) Capital One Financial Corporation's (COF) first quarter 2015 (1Q15) earnings of $1.12 billion were good, in Fitch Ratings's view.

These results equated to a 1.47% return on average assets (ROAA) in 1Q15, stronger than the 1.28% ROAA in the sequential quarter, but slightly lower than the 1.53% ROAA in the year-ago quarter. Fitch notes that COF's earnings performance this quarter puts it near the top of its regional bank peer gr...

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