other material
confidence high
sentiment neutral
materiality 0.50
Capital One reports March 2025 credit card net charge-off rate 6.09%, auto 1.21%
CAPITAL ONE FINANCIAL CORP
- Domestic credit card net charge-offs of $750M, 6.09% annualized rate on avg loans $147.8B.
- Auto net charge-offs of $78M, 1.21% annualized rate on avg loans $77.3B.
- 30+ day performing delinquency rate: credit card 4.25% ($6.4B), auto 4.93% ($3.8B).
- Auto nonperforming loans $561M, representing 0.72% of period-end loans.