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Capital One Financial Corp
XMUN:CFX

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Capital One Financial Corp
XMUN:CFX
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Kurs: 157,14 EUR -2,24% Markt geschlossen
Marktkap.: €60,04 Mrd.

Capital One Financial Corp
Investor Relations

Capital One Financial ist ein Bank- und Kreditkartenunternehmen. Es verdient hauptsächlich Geld durch die Kreditvergabe an Privat- und Geschäftskunden sowie durch Zinsen und Gebühren auf diese Kredite und auf Kreditkarten-Salden. Am bekanntesten sind seine Produkte credit cards, auto loans und banking accounts für Privatpersonen und kleine Unternehmen. Seine Hauptkunden sind Alltagsverbraucher, Kreditkartennutzer, Autokreditnehmer und kleinere Unternehmen, die Einlagenkonten oder Kredite benötigen. Auf der Bankseite nimmt es auch Einlagen entgegen, was ihm eine stabile Finanzierungsquelle zur Unterstützung der Kreditvergabe verschafft. In der Praxis steht Capital One Financial in der Mitte des Finanzsystems: Es sammelt Geld von Einlegern und verwendet dieses Geld zur Vergabe von Krediten und zur Ausgabe von Karten. Was sein Geschäftsmodell unterscheidet, ist die starke Ausrichtung auf Daten und direct-to-customer banking. Es entwickelt und vermarktet Produkte unter eigener Marke statt hauptsächlich auf Filialnetze oder externe Vertriebsstellen zu setzen. Das verschafft ihm eine große Reichweite im Privatkundengeschäft, in dem die Erträge davon abhängen, Kreditrisiken, Finanzierungskosten und die Nutzung seiner Karten und Kredite durch Kunden zu steuern.

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Letzter Earnings Call
Geschäftsperiode
Q1 2026
Datum des Calls
21. Apr 2026
KI-Zusammenfassung
Q1 2026

EPS: Capital One reported first-quarter earnings of $2.2 billion, or $3.34 per diluted share; after adjusting items tied to Discover integration and purchase accounting, EPS was $4.42.

Credit: Credit stayed strong across the portfolio, with domestic card delinquencies improving year over year and auto charge-offs still near pre-pandemic levels.

Discover: Management said integration is progressing well, debit conversion is complete, and the company remains on track for the expected $2.5 billion of synergies by the middle of 2027.

Growth: Purchase volume, loans, deposits, and revenue all benefited from Discover, while the legacy card business also showed solid underlying growth.

Capital: CET1 ended at 14.4%, and the company repurchased $2.5 billion of stock in the quarter while noting that Brex will reduce CET1 by a little over 40 basis points in the second quarter.

Outlook: Management kept emphasizing a conservative capital posture and declined to give detailed efficiency or earnings guidance, but said long-term earnings power remains consistent with the Discover deal assumptions.

Wichtige Finanzkennzahlen
Earnings
$2.2 billion
Earnings per share
$3.34
Adjusted earnings per share
$4.42
Provision for credit losses
$4.1 billion
Net charge-offs
$3.8 billion
Allowance build
$230 million
Allowance
$23.6 billion
Portfolio coverage ratio
5.28%
Domestic card allowance
$18.8 billion
Domestic card coverage ratio
7.4%
Consumer banking allowance build
$155 million
Consumer banking coverage ratio
2.36%
Commercial banking allowance build
$83 million
Commercial banking coverage ratio
1.7%
Total liquidity reserves
about $165 billion
Cash position
approximately $76 billion
Liquidity coverage ratio
166%
Net interest margin
7.87%
CET1 capital ratio
14.4%
Share repurchases
$2.5 billion
Brex acquisition consideration
approximately $4.5 billion
Brex CET1 impact
a little over 40 basis points
Purchase volume growth
40%
Purchase volume growth excluding Discover
about 8%
Ending loan balances growth
69%
Ending loan balances growth excluding Discover
about 3.9%
Domestic card revenue margin
16.9%
Domestic card charge-off rate
5.1%
Domestic card delinquency rate
3.7%
Marketing expense
about $1.5 billion
Global payment network transaction volume
about $174 billion
Auto charge-off rate
1.64%
Auto delinquency rate
4.21%
Commercial banking annualized net charge-off rate
0.29%
Commercial criticized performing loan rate
4.99%
Commercial criticized nonperforming loan rate
1.4%
Capital One assets
roughly $680 billion
Category 2 threshold
$700 billion
Standardized approach CET1 impact
about 20 basis points
RWA impact
8% to 9% decrease
AOCI headwind
120 basis points
DTA threshold change under IRBA
from 25% to 10%
Board authorization remaining
nearly $12 billion
Aufzeichnung des Earnings Calls
Weitere Earnings Calls

Geschäftsleitung

Mr. Richard D. Fairbank
Founder, Chairman, CEO & President

Richard D. Fairbank is the co-founder, Chairman, and CEO of Capital One Financial Corporation, one of the largest financial institutions in the United States. Born in 1950, he earned a bachelor's degree in economics from Stanford University and an MBA from Stanford Graduate School of Business. Fairbank co-founded Capital One in 1994 alongside Nigel Morris, pioneering the concept of mass credit card customization, which led to the company’s rapid growth. Under his leadership, Capital One has expanded beyond credit cards to include a wide range of banking and financial services. Fairbank is known for his innovative approach to consumer banking, emphasizing data analytics and technology to drive the company's strategies. His vision has been instrumental in making Capital One a leading player in the digital banking space. Throughout his career, Fairbank has received several accolades for his leadership and innovation in the financial industry. Despite the challenges in the banking sector over the years, he has maintained Capital One's strong performance and competitive position.

Mr. Andrew M. Young
Chief Financial Officer

Andrew M. Young is a prominent executive at Capital One Financial Corporation. He has served as the Chief Financial Officer (CFO) of Capital One. In this role, he is responsible for overseeing the company’s financial strategies, operations, and ensuring the financial health and stability of the corporation. His duties typically include managing financial planning, corporate finance, financial reporting, and investor relations. Young's leadership and expertise contribute significantly to guiding Capital One’s financial objectives and supporting its broader strategic initiatives. Prior to becoming CFO, Young held various roles within the company, showcasing his versatility and depth of experience in financial management and strategic planning.

Mr. Robert M. Alexander
Chief Information Officer

Robert M. Alexander serves as the Chief Information Officer (CIO) at Capital One Financial Corp. In his role as CIO, he is responsible for overseeing the company's technology operations, ensuring the alignment of technology strategy with the company's business goals. Alexander leads technology innovation and manages the information systems to improve the digital experience for Capital One's customers. His leadership in technology helps enhance Capital One's competitive position in the financial services sector by driving efficiency, security, and innovation. With extensive experience in the financial services and technology sectors, Robert M. Alexander plays a crucial part in steering the company towards a more digitally-focused and data-driven future. His efforts contribute significantly to maintaining Capital One's stature as a leader in the integration of banking and technology.

Mr. Sanjiv Yajnik
President of Financial Services

Sanjiv Yajnik is a prominent executive at Capital One Financial Corporation, serving in significant leadership roles. As President of Financial Services, he oversees several branches of the company, focusing on enhancing customer experience and driving growth in key areas such as auto finance, home loans, and other consumer-related financial products. Yajnik joined Capital One in 1998 and has been instrumental in the company's expansion and diversification of its financial services portfolio. Before joining Capital One, Yajnik had a successful career in engineering and management. He holds an MBA from the University of Western Ontario and a degree in engineering from the University of Bombay. He also completed the Advanced Management Program at Harvard Business School. Known for his innovative approaches and strategic insight, Yajnik has been influential in implementing digital transformation initiatives and customer-first strategies. In addition to his role at Capital One, he is actively involved in various community and philanthropic initiatives, demonstrating a strong commitment to social responsibility and leadership beyond the corporate environment.

Mr. Frank G. LaPrade III, J.D.
Chief Enterprise Services Officer & Chief of Staff to the CEO

Frank G. LaPrade III, J.D., has been a prominent executive at Capital One Financial Corporation. He has served in various key leadership roles within the company. With a background in law, Mr. LaPrade joined Capital One and progressively took on more significant responsibilities throughout his career. One of his notable roles was serving as the Chief Enterprise Services Officer and Chief of Staff to the CEO, where he was responsible for a wide range of functions including operations, technology, and company-wide initiatives that drive Capital One’s strategic goals. His role also frequently involved working closely with the CEO and other top executives to implement strategies that enhance the overall efficiency and productivity of the company. In addition to his chief responsibilities, Mr. LaPrade has been involved in mentoring and developing future leaders within the company, highlighting his commitment to fostering talent and ensuring a robust leadership pipeline. Mr. LaPrade's legal expertise, strategic acumen, and leadership experience have made him a pivotal figure at Capital One, contributing significantly to the company’s growth and operational success.

Mr. Danielle Dietz
Managing Vice President of Investor Relations

Danielle Dietz is a prominent executive at Capital One Financial Corporation. As of recent information, she holds a significant leadership position within the company. Dietz has played a crucial role in shaping Capital One’s strategic direction, particularly in areas related to technology and customer engagement. Her leadership is noted for fostering innovation and driving digital transformation within the financial services sector. With a strong background in both finance and technology, she has contributed to the development of solutions that enhance customer experience and expand Capital One's competitive edge in the market. Dietz is recognized for her commitment to leveraging cutting-edge technology to meet the evolving needs of customers while maintaining a focus on security and efficiency.

Mr. Matthew W. Cooper
General Counsel, Corporate Secretary & Head of Environmental, Social and Governance
Keine Biografie verfügbar
Ms. Tatiana Stead
Director of Corporate Communications

Tatiana Stead is a well-regarded financial services executive with extensive experience in communications, reputation management, and corporate strategy. At Capital One Financial Corp., she has played a significant role in shaping the company's public image and handling communications. Her responsibilities often include overseeing media relations, managing stakeholder communications, and developing strategies to enhance the company's reputation. Stead is recognized for her ability to manage complex communication challenges and for her leadership in driving initiatives that align with Capital One's corporate values and goals. Her work is instrumental in maintaining the company's positive standing in the financial industry.

Ms. Kaitlin Burek Haggerty
Chief Human Resources Officer
Keine Biografie verfügbar
Mr. Joseph C. Portera
Chief Risk Officer for Financial Services
Keine Biografie verfügbar

Kontakt

Adresse
VIRGINIA
MC LEAN
1680 Capital One Dr Ste 1400
Kontakt
+17037201000.0
www.capitalone.com
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