January 22, 2015 / 9:24 PM / 3 years ago

Capital One quarterly profit rises 16.6 pct

Jan 22 (Reuters) - Credit card issuer Capital One Financial Corp reported a 16.6 percent rise in quarterly profit as the company’s net interest income rose.

Net income attributable to shareholders rose to $974 million, or $1.73 per share, for the fourth quarter ended Dec. 31, from $835 million, or $1.43 per share, a year earlier.

Total net revenue rose about 4.9 percent to $5.81 billion.

Reporting By Sudarshan Varadhan in Bengaluru; Editing by Savio D'Souza

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