COF
SP100NYSECapital One Financial Corporation
Financial Services · Credit Services · United States
Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking. The company accepts checking accounts, money market deposits, negotiable order of withdrawals, savings deposits, time deposits, and sweep accounts. Its loan products include credit card and personal loans; auto and retail banking loans; and commercial and multifamily real estate, and commercial and industrial loans. The company offers credit and debit card products; bank lending; and provides advisory, capital markets, net interchange, treasury management, and depository services. It serves consumers, small businesses, and commercial clients through digital channels, branches, cafés, and other distribution channels located in New York, Louisiana, Texas, Maryland, Virginia, New Jersey, and the District of Columbia. Capital One Financial Corporation was founded in 1988 and is headquartered in McLean, Virginia.
www.capitalone.com ↗Shares trade at a premium 62.9× trailing earnings, easing to 8.4× on forward estimates. Profitability shows a net margin of 8.9% and return on equity of 3.3%. Debt/equity stands at 0.49×. Revenue grew 46.3% year-on-year. It yields 1.6% in dividends. The mean analyst target of USD256.23 sits 24.9% above the current price (Buy, 22 analysts).
business model
Capital One is a US consumer and commercial bank best known as one of the largest credit-card issuers, earning most of its revenue from net interest income and fees on credit-card, auto, and consumer loans. It funds lending largely through a national digital/direct deposit franchise and is a heavy user of data and technology in underwriting and marketing.
revenue segments
Revenue is organized around Credit Card (domestic and international card lending), Consumer Banking (auto loans and retail deposits/branches), and Commercial Banking (lending and treasury services to businesses). Net interest income and card interchange/fees are the primary drivers.
key dependencies
The company depends on consumer credit quality and loss/charge-off rates, US employment and spending trends, interest rates and funding costs, card spending volumes, and effective risk-based underwriting; its pending/expanding relationship with Discover is also a strategic factor.
competitors
Competitors include large card issuers and banks such as JPMorgan Chase, American Express, Citigroup, Bank of America, Synchrony, and Discover in cards, plus Ally and major banks in auto lending and digital deposits.
moat
Capital One's moat comes from scale in credit cards, sophisticated data-analytics and technology-driven underwriting, a well-known consumer brand, and a low-cost national direct-banking deposit base.
risks
Its main risks are credit losses that rise sharply in recessions given subprime/near-prime card exposure, sensitivity to unemployment and consumer stress, interest-rate and funding-cost swings, regulatory scrutiny (CFPB), and integration/execution risk around large deals.
Financials & metrics
as of 26 Aug 2026Price is around the middle of its range. Green = nearer the yearly low, red = nearer the high — a position indicator, not a buy/sell signal.
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Full financial statements
Income statement
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | $53.43B | $39.11B | $36.79B | $34.25B | — |
| Interest expense | $15.82B | $14.83B | $12.70B | $4.12B | — |
| Pretax income | $2.28B | $5.91B | $6.04B | $9.24B | — |
| Tax provision | $193.00M | $1.16B | $1.16B | $1.88B | — |
| Net income | $2.45B | $4.75B | $4.89B | $7.36B | — |
| Diluted EPS | $4.03 | $11.59 | $11.95 | $17.91 | — |
Balance sheet
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | $669.01B | $490.14B | $478.46B | $455.25B | — |
| Cash & equivalents | $57.43B | $43.23B | $43.30B | $30.86B | — |
| Total liabilities | $555.39B | $429.36B | $420.38B | $402.67B | — |
| Total debt | $50.41B | $44.99B | $49.32B | $47.83B | — |
| Long-term debt | $49.89B | $44.96B | $49.32B | $47.83B | — |
| Shareholders' equity | $113.62B | $60.78B | $58.09B | $52.58B | — |
| Retained earnings | $65.19B | $64.50B | $60.95B | $57.18B | — |
Cash flow
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | $27.72B | $18.16B | $20.57B | $13.81B | — |
| Investing cash flow | -$444.00M | -$26.41B | -$21.92B | -$29.74B | — |
| Financing cash flow | -$8.85B | $8.17B | $13.84B | $25.13B | — |
| Capital expenditure | -$1.58B | -$1.20B | -$961.00M | -$934.00M | -$698.00M |
| Free cash flow | $26.14B | $16.95B | $19.61B | $12.88B | — |
| Dividends paid | -$1.77B | -$1.16B | -$1.16B | -$1.18B | — |
| Share buybacks | -$4.60B | -$734.00M | -$718.00M | -$4.95B | — |
| End cash position | $62.09B | $43.67B | $43.76B | $31.26B | — |
Reported figures from public filings via Yahoo Finance. Line coverage varies by company. Not investment advice.
Dividends
Analyst assessment
as of 26 Aug 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.
Technicals
as of 26 Aug 2026News
Sector peers
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