secwatch.observer — SEC 8-K summary
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Issuer:     CAPITAL ONE FINANCIAL CORP (COF)
CIK:        0000927628
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000927628-23-000284
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capital One Q3 net income $1.8B ($4.45 EPS), revenue $9.4B up 4% QoQ
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- Net income $1.8B ($4.45 diluted EPS) vs $1.4B ($3.52) in Q2 2023 and $1.7B ($4.20) in Q3 2022.
- Total net revenue $9.4B, up 4% sequentially; net interest margin 6.69%, up 21 bps.
- Provision for credit losses $2.3B, down $206M QoQ; net charge-offs $2.0B; loan reserve build $322M.
- Period-end loans held for investment $314.8B (+1%); credit card loans $146.8B (+3%); deposits $346.0B (+$2.3B).
- Common equity Tier 1 capital ratio 13.0% under Basel III Standardized Approach.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927628/000092762823000284/0000927628-23-000284-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927628/000092762823000284/cof-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000927628-23-000284

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