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

Issuer:     CAPITAL ONE FINANCIAL CORP (COF)
CIK:        0000927628
Form:       8-K
Filed at:   2025-06-16T23:59:59+00:00
Accession:  0000927628-25-000226
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capital One reports May 2025 credit card NCO rate 5.57%, notes Discover acquisition completed May 18
--------------------------------------------------------------------------------

- Domestic credit card net charge-off rate of 5.57% (annualized) for May 2025.
- Credit card 30+ day performing delinquency rate of 3.85% as of May 31.
- Auto loan net charge-off rate of 1.04%; 30+ day performing delinquency rate 4.70%.
- Legacy Capital One only; Discover operations excluded from reported metrics.
- Acquisition of Discover Financial Services closed on May 18, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927628/000092762825000226/0000927628-25-000226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927628/000092762825000226/cof-20250613.htm
  HTML page:      https://secwatch.observer/filing/0000927628-25-000226

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