Capital One is rallying in after-hours trading following the release of its third-quarter 2026 earnings report after the market close on October 20. The company exceeded expectations with non-GAAP earnings per share of $6.69, beating estimates by $1.19, and reported revenue of $16.3 billion, which topped forecasts by $60 million. This performance was bolstered by a lower credit loss provision and disciplined expense management, helping the stock build on the modest gains seen during the regular session.