Capital One continues to grow card business, auto book
Credit card revenue grew 20%, auto originations increased 33% YoY
Capital One’s focus on digital tools and dealer relationships contributed to increased auto originations in the first quarter as the lender looks to keep pace with industry competition. Auto originations increased 20% sequentially and 33% year over year to $11.7 billion, driving overall growth in the bank’s consumer banking business, according to the earnings supplement. […]
