other material
confidence high
sentiment neutral
materiality 0.40
Capital One reports Feb 2025 credit card net charge-off rate 6.35%, auto 1.48%
CAPITAL ONE FINANCIAL CORP
- Domestic credit card net charge-off rate 6.35% ($790M annualized); 30+ day delinquency rate 4.52%.
- Auto loan net charge-off rate 1.48% ($95M annualized); 30+ day delinquency rate 5.02%.
- Auto nonperforming loan rate 0.83% ($642M) as of Feb 28, 2025.
- Average credit card loans held for investment $149.4B; auto $77.4B for the month.