Capital One Financial reported a strong third quarter, with an adjusted EPS of $4.51, surpassing estimates of $3.70, and an EPS growth of 1.35%. The company also posted net revenue of $10.0 billion, beating the expected $9.87 billion, and a revenue growth of 6.92%. Total deposits reached $353.63 billion, exceeding the forecasted $345.43 billion. Loans held for investment were slightly below expectations at $320.2 billion. The profit increase was driven by strength in Capital One's credit-card and auto-lending businesses, bolstered by high interest rates. Auto originations were up 23% year-over-year in the third quarter. CEO Richard Fairbank noted some pressure from inflation and elevated interest rates but highlighted that consumers are generally in good shape. Capital One's stock rose 4% in after-hours trading following the earnings report.