Capital One Financial (NYSE: COF) reported second-quarter financial results after the regular trading hours on Tuesday. The bank holding company reported an 8% slip in Q2 revenue to $6.6 billion, also missing the Wall Street projection of $6.83 million.
Meanwhile, net loss of $1.61 per share was 7 cents narrower than the analysts’ projection.
COF shares fell 3.3% immediately following the announcement. The stock has declined close to 40% since the beginning of this year.
Q1 performance
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