Capital One Financial Corporation

Shortcut’s reasoning.

The forecast combines the Credit Card, Consumer Banking and Commercial Banking builds for net interest income, non-interest revenue, credit provisions and operating expenses. Consolidated net interest income equals the segment forecast through a residual allocation; the consolidated interest-rate lines are not an independent revenue forecast.

The model bridges GAAP net income available to common shareholders of $2,771.736 million to adjusted net income of $3,426.846 million by adding $870 million of adjustments and a negative $214.890 million tax effect.

Dividing adjusted net income of $3,426.84628778907 million by 608.15 million diluted shares gives adjusted diluted EPS of 5.634870159975451, versus the frozen Street estimate of $5.50.

The complete public export preserves all 188 cells in the scored EPS dependency chain. The separate 67.14% beat probability is a heuristic and does not multiply forecast EPS. The tracked cash-flow forecast has a narrower definition than issuer historical operating cash flow and is not scored.