COF Capital One Financial Corporation

Capital One Financial Corp. said its profit fell 7.9%, hurt by higher marketing and operating expenses, while revenue climbed.

As one of the country's largest credit-card lenders, Capital One's results are often considered a gauge of consumer sentiment. The company also offers traditional bank accounts, mortgages, auto loans and commercial loans.

Capital One reported a profit of $920 million, or $1.58 a share in the fourth quarter, compared with $999 million, or $1.73 a share, in the same period a year earlier. Excluding one-time items, earnings were $1.67 a share.

Revenue improved to $6.19 billion from $5.81 billion.

Analysts polled by Thomson Reuters expected a per-share profit of $1.61 on revenue of $6.11 billion.

Noninterest expenses increased 10% to $3.5 billion, while marketing costs rose 35% and operating expenses climbed 7%.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

January 26, 2016 17:15 ET (22:15 GMT)

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