Capital One Profit Up 44 pct on Fees, Hibernia

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00011242-capital-one-profit-up-44-pct-on-fees-hibe/

Capital One Financial Corp., a large issuer of Visa and MasterCard credit cards, on Thursday said fourth-quarter profit rose 44 percent, as increased consumer spending and the purchase of Hibernia Corp. offset higher charge-offs from bankruptcy filings.

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