2302 GMT [Dow Jones]--Capital One Financial isn't observing the bifurcated economy that others have called out recently, where people with higher incomes continue to prosper while those with lower incomes increasingly fall behind. "We don't in our own numbers see this K-shaped economy that a lot of people talk about," Chief Executive Richard Fairbank says during a call with analysts, noting performance has been stable across the credit spectrum. "Although to be fair, we don't really participate in the lowest end of the marketplace where maybe those things are being experienced in the economy," he says. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
July 21, 2026 19:06 ET (23:06 GMT)
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