Capital One Financial (COF) used growth in its commercial banking and auto lending businesses to build its earnings in the second quarter.

The McLean, Va.-based company reported net income of $1.2 billion, or $2.04 per share, which was up from $1.1 billion, or $1.85 per share in the same period a year earlier. Its earnings per share beat by more than 20 cents the consensus of analysts polled by Bloomberg.

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