Capital One Financial Corp. on Jan. 24 reported fourth-quarter 2016 net income available to common stockholders of $710 million, or $1.45 per share. For comparison, it was $848 million, or $1.58 per share, a year ago.

Full-year 2016 net income available to common stockholders was $3.51 billion, or $6.89 per share, compared with 2015's $3.87 billion, or $7.07 per share.

The S&P Capital IQ consensus normalized EPS estimate was $1.59 for the recent quarter and $7.22 for the full year.

Total fourth-quarter net revenue was $6.57 billion, compared to $6.46 billion in the linked quarter and $6.19 billion in the year-ago period.

Its net interest margin was at 6.85%, up from 6.79% in both the previous period and the fourth quarter of 2015.

Capital One recorded a provision for credit losses of $1.75 billion, up from the linked quarter's $1.59 billion and the year-ago period's $1.38 billion.

Total net charge-offs amounted to $1.49 billion, up 20% from $1.24 billion in the third quarter and up 38% from $1.08 billion in the year-ago period.

The allowance for loan and lease losses was $6.50 billion in the current period, up 4% from $6.26 billion in the linked period and up 27% from $5.13 billion in the same period a year ago.