Bank of America CEO Brian Moynihan reported that small businesses are beginning to experience increased demand, with spending in the first two weeks of January rising by 4% to 5% compared to the previous year. This trend mirrors the spending patterns observed in the fourth quarter of the previous year. Meanwhile, Capital One Financial announced its fourth-quarter earnings, revealing an adjusted earnings per share (EPS) of $3.09, surpassing the consensus estimate of $2.80. The company's revenue for the quarter was reported at $10.2 billion, slightly below the expected $10.22 billion. Capital One's net income increased by 55% year-over-year, driven by wider net interest margins and growth in credit-card loans. However, the company noted that its revenue, net interest margin (NIM), and net interest income (NII) missed estimates, leading to a 1.4% decline in after-hours trading. The CEO highlighted steady growth in the domestic card business and a return to loan growth in the auto sector, while maintaining stable credit results across its operations. Capital One's CET1 capital ratio stood at 13.5%.