Capital One Financial Corporation announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company announced net interest income of $5,813 million compared to $5,447 million for the same period a year ago. Total net revenue was $7,013 million compared to $6,566 million for the same period a year ago. Income from continuing operations before income taxes was $1,308 million compared to $1,135 million for the same period a year ago. Loss from continuing operations, net of tax was $862 million compared to income from continuing operations, net of tax of $793 million for the same period a year ago. Net loss available to common stockholders was $1,052 million or $2.17 per diluted share compared to net income available to common stockholders of $710 million or $1.45 per diluted share for the same period a year ago. Negative return on average assets was 0.95% compared to positive return on average assets of 0.91% for the same period a year ago. Negative return on average common equity was 8.14% compared to positive return on average common equity of 6.48% for the same period a year ago. Total interest income was $6,604 million compared to $6,009 million for the same period a year ago.

For the full year, the company announced net interest income of $22,460 million compared to $20,873 million for the same period a year ago. Total net revenue was $27,237 million compared to $25,501 million for the same period a year ago. Income from continuing operations before income taxes was $5,492 million compared to $5,484 million for the same period a year ago. Income from continuing operations, net of tax was $2,117 million compared to $3,770 million for the same period a year ago. Net income available to common stockholders was $1,704 million or $3.49 per diluted share compared to $3,513 million or $6.89 per diluted share for the same period a year ago. Tangible book value per common share (period-end) was $60.28 compared to $57.76 for the same period a year ago. Return on average assets was 0.60% compared to 1.11% for the same period a year ago. Return on average common equity was 4.07% compared to 7.82% for the same period a year ago. Total interest income was $25,222 million compared to $22,891 million for the same period a year ago.

For the fourth quarter ended December 31, 2017, the company announced net charge-offs of $1.8 billion.