Those barbarians must be happy. Shares of Capital One Financial (COF) rose in after-hours trading after the company posted third-quarter results that bested the Street�s expectations.
At $40.55 a share at 5 p.m., the shares had climbed 6 cents, or 0.15%.
Citing higher interest and revenue margins, Capital One said its profit rose to $813 million, or $1.77 a share, from $803 million, or $1.76 a share, a year ago. Revenue for the quarter was $4.2 billion.
Analysts polled by Thomson Reuters, on average, expected the McLean, Va.-based bank to earn $1.68 a share on $4.04 billion in revenue.
Capital One, which is in the process of buying ING Direct from Dutch ING Group, has seen its shares rise 4.5% over the past 12 month. The stock closed today at $40.49 a share.
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