00:00It's Benzinga bringing Wall Street to Main Street
00:02Capital One shares fell in Thursday's extended trading after the company reported fourth-quarter
00:07earnings that missed estimates, according to Benzinga. The bank confirmed it entered into
00:11a definitive agreement to acquire fintech company Brex for $5.15 billion, with the deal split
00:18evenly between cash and stock. The company reported earnings of $3.86 per share, below
00:24the consensus estimate of $4.11. Revenue totaled $15.58 billion, beating analyst expectations
00:32of $15.48 billion. CEO Richard D. Fairbank said the company delivered top-line growth and
00:39maintained strong and stable credit performance in the fourth quarter and full year. Shares
00:44fell 4.42% to $225.75. For all things money, visit Benzinga.com.
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