Citable filing context
COF's research view summarizes recent SEC filing context, starting with other from Aug 17, 2026.
| Filed | Item | Context |
|---|---|---|
| Aug 17, 2026 | other | Capital One reported its monthly charge-off and delinquency metrics for the month ended July 31, 2026. |
| Jul 21, 2026 | earnings | Capital One reported second quarter 2026 net income of $3.0 billion, or $4.73 per diluted common share. |
| Jul 21, 2026 | other | Capital One Financial Corp disclosed monthly charge-off and delinquency metrics for the period ended June 30, 2026. |
| May 22, 2025 | Guidance: pretax_earnings_reclassified_from_oci | not reported to 14.00 |
| Feb 18, 2025 | Guidance: merger_close_timing | not reported to not reported |
| Feb 10, 2025 | Guidance: cet1_ratio | 12.00 to 12.00 |
| Jul 28, 2026 | mda_quarterly | Capital One Financial Corporation (COF) reported net income of $3.0 billion for the second quarter of 2026, a significant turnaround from the $4.3 billion net loss in the second quarter of 2025. This performance was primarily driven by the absence of the initial allowance for credit losses recorded during the 2025 Discover acquisition, alongside higher net interest income from increased credit card loan balances. Total net revenue reached $15.9 billion for the quarter, supported by growth in the Credit Card segment and the integration of the Global Payment Network (Discover, PULSE, and Diners Club). The company’s credit performance remains a focal point, with a net charge-off rate of 3.23% in the second quarter of 2026, largely flat compared to the prior-year period. The allowance for credit losses decreased to $23.0 billion as of June 30, 2026, reflecting favorable credit performance in the Domestic Card portfolio. Capital One also completed the $4.5 billion acquisition of Brex in April 2026 to bolster its business payments and corporate card offerings. The company maintains a strong capital position, with a CET1 ratio of 13.7%, and continues to execute on its integration of Discover, having incurred $2.1 billion in total integration expenses since the 2024 announcement. |
| May 7, 2026 | mda_quarterly | Capital One reported a significant increase in first-quarter 2026 net income to $2.2 billion, up 55% year-over-year, driven by a 52% surge in total net revenue to $15.2 billion. This substantial growth in both net interest income and non-interest income was primarily attributable to the May 2025 acquisition of Discover Financial Services, which boosted average credit card loan balances and introduced new products like personal loans and the Global Payment Network (Discover, PULSE, Diners Club). However, diluted earnings per share declined slightly to $3.34 due to a 62% increase in common shares outstanding, reflecting the all-stock component of the Discover merger. The Discover integration also led to a 72% increase in the provision for credit losses and a 43% rise in non-interest expenses, including $415 million in integration costs. Credit quality showed mixed trends; the overall net charge-off rate increased marginally to 3.45%, but the Credit Card segment's net charge-off rate *decreased* by 109 basis points to 5.05% due to favorable performance and the Discover addition. The 30+ day delinquency rate improved, falling 35 basis points to 3.24% from year-end 2025. Capital remained strong with a Common Equity Tier 1 ratio of 14.4%, and liquidity reserves expanded to $164.8 billion. The company also completed the $4.5 billion acquisition of Brex Inc. in April 2026, enhancing its business payments offerings. Regulatory changes from the Basel III Finalization Proposals are under evaluation, potentially impacting capital calculations by requiring AOCI recognition. |
Source: SEC EDGAR filing text and events; period Aug 17, 2026; filed Aug 17, 2026.
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