CNBC reiterates USD 255.00 target for Capital One stock after profit

Published on 10/21/2026 at 10:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Capital One earned USD 3.5 billion in the third quarter of 2026. Capital One stock costs EUR 186.33 on October 21, 2026.

Third-quarter operating picture

Capital One posted USD 3.5 billion in net income on October 20, 2026.
Total net revenue reached USD 16.3 billion in the third quarter of 2026, up 3 percent sequentially.
Capital One stock traded at EUR 186.33 at 10:29 a.m. CEST at Lang & Schwarz on October 21, 2026.
Net interest margin reached 8.41 percent in the third quarter of 2026.

Moderner Glasgebäude-Komplex des Banken-Campus in McLean Virginia bei blauem Himmel — Capital One Financial Hauptsitz McLean Virginia – moderner Glas-Campus mit Rasenflächen, ISIN US1381731035, Illustration mit AI erstellt.

CNBC reiterated its USD 255.00 price target for Capital One stock on October 20, 2026, after the company reported third-quarter net income of USD 3.5 billion and adjusted earnings per share of USD 6.69. The result puts the lender's Discover integration and credit performance at the center of the investment case.

Profit rises as revenue expands

According to Capital One, net income reached USD 3.5 billion in the third quarter of 2026, compared with USD 3.0 billion in the second quarter and USD 3.2 billion in the third quarter of 2025. Diluted GAAP earnings per share came to USD 5.61, while adjusted earnings per share reached USD 6.69 after acquisition amortization and integration costs.

Total net revenue increased 3 percent from the second quarter to USD 16.3 billion. Pre-provision earnings rose 10 percent to USD 7.5 billion, while total non-interest expense declined 2 percent to USD 8.9 billion. The combination gives investors a clear operating comparison: revenue moved higher as expenses moved lower.

What does the margin show?

Net interest margin increased 40 basis points from the second quarter to 8.41 percent, according to the company release. Provision for credit losses declined by USD 73 million to USD 2.9 billion, although net charge-offs still totaled USD 3.1 billion in the third quarter.

The balance sheet also grew selectively. Period-end loans held for investment increased 1 percent to USD 462.5 billion, while total deposits declined 1 percent to USD 480.7 billion. Consumer Banking loans increased 4 percent to USD 94.0 billion, providing the strongest reported loan growth among the main banking categories.

Target stays above the quote

CNBC said the quarter exceeded expectations and reiterated a hold-equivalent rating with a USD 255.00 price target on October 20, 2026. The target is a separate analyst assessment in US dollars and does not replace the euro reference price for German investors.

Capital One stock was trading at EUR 186.33 at Lang & Schwarz on October 21, 2026 at 10:29 a.m. CEST. The quote reflects the German market indication, while the company's primary listing is on the NYSE in US dollars. The further course of trading is shown by the continuously updated real-time quote of Capital One stock.