COF Capital One Financial Corporation

Capital One Financial Corp. said its first-quarter earnings rose.

Capital One reported a profit of $1.15 billion, up from $1.1 billion a year earlier. On a per-share basis, which reflects preferred-dividend impacts, earnings rose to $1.96 from $1.79.

Net revenue decreased 3% to $5.37 billion.

Analysts polled by Thomson Reuters expected per-share profit of $1.69 and revenue of $5.44 billion.

Shares edged up 0.1% to $75.16 in after-hours trading.

Write to Tess Stynes at tess.stynes@wsj.com

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