Berkshire Hathaway held 7.1 million shares of Capital One Financial Corporation in the first quarter of 2026, unchanged from the prior quarter. The stake was first disclosed in Q1 2023 with over 9.9 million shares, increased to nearly 12.5 million shares the following quarter, then trimmed by over 21% in Q2 2024 to around 9.8 million shares. Capital One recently reported first-quarter net income of $2.2 billion and adjusted earnings per share of $4.42, slightly below Wall Street estimates, while total net revenue reached $15.23 billion. The company is integrating Discover Financial Services, and pre-provision earnings rose 8% sequentially to $6.8 billion.
Capital One Financial CorporationCapital One's Q1 earnings slightly missed estimates, but pre-provision earnings rose and the Discover integration is ongoing; mixed signals.
Berkshire Hathaway Inc