secwatch.observer — SEC 8-K summary
======================================

Issuer:     CAPITAL ONE FINANCIAL CORP (COF)
CIK:        0000927628
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000927628-24-000158
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capital One Q1 2024 net income $1.3B; diluted EPS $3.13, adjusted $3.21
-----------------------------------------------------------------------

- Net income $1.3B ($3.13 diluted EPS) vs $960M ($2.31) in Q1 2023; adjusted EPS $3.21.
- Total net revenue $9.4B, down 1% QoQ; net interest margin 6.69%.
- Provision for credit losses $2.7B, down $174M QoQ; net charge-offs $2.6B; loan reserve build $91M.
- Period-end loans $315.2B (-2% QoQ); deposits $351.0B (+1% QoQ); CET1 ratio 13.1%.
- Non-interest expense down 10% QoQ to $5.1B; marketing down 19%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927628/000092762824000158/0000927628-24-000158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927628/000092762824000158/cof-20240425.htm
  HTML page:      https://secwatch.observer/filing/0000927628-24-000158

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