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What the Capital One-Discover Tie-Up Means for the Card Business Now
['Reuben Gregg Brewer', 'The Motley Fool', 'July', 'Min Read']
Yahoo Finance
Earnings numbers are all over the placeRight now, the acquisition of Discover means Capital One will have very complicated financial results.
The second quarter of 2025 looks terrible in comparison, but don't get too excited about the improvement.
And the Discover acquisition is a big part of the story, as is the subsequent, though much smaller, purchase of Brex.
For example, the loss in the second quarter of 2025 was driven by some large Discover acquisition costs.
So, if you can look beyond the earnings complexity, the Capital One-Discover tie-up is still moving the company in a good direction.