Getting your Trinity Audio player ready...
(Reuters) – Capital One Financial Corp reported a 6.3 percent fall in quarterly profit as the company earned lower interest income on deposits.
The company’s net income fell to $1.10 billion, or $1.86 per share, for the quarter ended September 30, from $1.18 billion, or $2.01 per share, a year earlier.
Net revenue for the quarter fell 2 percent to $5.65 billion.
(Reporting by Aman Shah in Bangalore; Editing by Saumyadeb Chakrabarty)
