secwatch.observer — SEC 8-K summary
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Issuer:     CAPITAL ONE FINANCIAL CORP (COF)
CIK:        0000927628
Form:       8-K
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0000927628-25-000241
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capital One reports June 2025 monthly charge-off and delinquency metrics, first post-Discover close
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- Domestic Card net charge-off rate 4.96% (annualized); Auto net charge-off rate 1.69%.
- 30+ day performing delinquency rate: Domestic Card 3.60%; Auto 4.84%.
- Discover Domestic net charge-off rate 4.47%, reduced by $39M accelerated charge-offs from bankrupt/deceased accounts.
- Excluding accelerated impact, Discover Domestic rate would be 4.94%; Total Domestic Card 5.15%.
- Charge-offs exclude $18.0B of fully charged-off acquired Discover loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927628/000092762825000241/0000927628-25-000241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927628/000092762825000241/cof-20250722.htm
  HTML page:      https://secwatch.observer/filing/0000927628-25-000241

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