Capital One profit declines 61% as net charge-offs rise-February 2024-www.financetom.com

Capital One profit declines 61% as net charge-offs rise

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Capital One profit declines 61% as net charge-offs rise

Jul 23, 2024 1:48 PM

July 23 (Reuters) - Capital One Financial's ( COF )

profit fell 61% in the second quarter, it reported on Tuesday,

as it wrote off losses on some loans.

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