Capital One Financial Corporation Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015; Reports Net Charge-Offs for the Fourth Quarter of 2015
For the year, the company reported total interest income of $20,459 million against $19,397 million a year ago. Net interest income was $18,834 million against $17,818 million a year ago. Income from continuing operations before income taxes was $5,881 million against $6,569 million a year ago. Net income available to common stockholders was $3,872 million or $7.07 per diluted common share against $4,343 million or $7.59 per diluted common share a year ago. Tangible book value per common share was $53.65 against $50.32 a year ago.
For the fourth quarter of 2015, the company reported net charge-offs of $1,078 million against $915 million a year ago.