secwatch.observer — SEC 8-K summary
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Issuer:     CAPITAL ONE FINANCIAL CORP (COF)
CIK:        0000927628
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0000927628-23-000231
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927628/000092762823000231/0000927628-23-000231-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927628/000092762823000231/cof-20230720.htm
  HTML page:      https://secwatch.observer/filing/0000927628-23-000231

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer