---
schema_version: "secwatch.filing_event.v1"
accession: "0000927628-23-000231"
form_type: "8-K"
ticker: "COF"
cik: "0000927628"
company_name: "CAPITAL ONE FINANCIAL CORP"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T06:09:34.592430+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Capital One Q2 2023 net income $1.4B ($3.52 EPS), revenue $9.0B, card loans up 4%

## Summary
- Net income $1.4B, diluted EPS $3.52, vs Q1 2023 $960M ($2.31) and Q2 2022 $2.0B ($4.96).
- Total net revenue $9.0B (+1% QoQ); non-interest expense $4.8B (-3% QoQ).
- Provision for credit losses $2.5B (-$305M QoQ); net charge-offs $2.2B, loan reserve build $318M.
- Period-end loans $311.3B (+1%); Domestic Card loans $136.0B (+4%); average deposits $343.7B.
- CET1 ratio 12.7%; NIM 6.48% (-12bps); efficiency ratio 53.2%.

## SEC filing metadata
- accession: 0000927628-23-000231
- form_type: 8-K
- ticker: COF
- cik: 0000927628
- company_name: CAPITAL ONE FINANCIAL CORP
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/927628/000092762823000231/0000927628-23-000231-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/927628/000092762823000231/cof-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927628-23-000231
- JSON: https://secwatch.observer/filing/0000927628-23-000231.json
- Plain text: https://secwatch.observer/filing/0000927628-23-000231.txt

## Key facts
- Earnings Releases
  CAPITAL ONE FINANCIAL CORP reported the second quarter ended June 30, 2023 results: revenue $9.0 billion, net income $1.4 billion, EPS $3.52 per diluted common share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $9.0 billion
  - Net income: $1.4 billion
  - EPS: $3.52 per diluted common share
  - Result: reported results
  source text: second quarter of 2023 compared with the first quarter of 2023 unless otherwise noted. Second Quarter 2023 Income Statement Summary: • Total net revenue increased 1 percent to $9.0 billion. • Total non-interest expense decreased 3 percent to $4.8 billion: ◦ 1 percent decrease in marketing. ◦ 3 percent decrease in operating expenses. • Pre-provision earnings (1)
  evidence_url: https://www.sec.gov/Archives/edgar/data/927628/000092762823000231/0000927628-23-000231-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.