---
schema_version: "secwatch.filing_event.v1"
accession: "0000927628-26-000039"
form_type: "8-K"
ticker: "COF"
cik: "0000927628"
company_name: "CAPITAL ONE FINANCIAL CORP"
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:15:49.154147+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Capital One Q1 2026 net income $2.2B, adjusted EPS $4.42; Discover integration on track

## Summary
- Net income of $2.2B ($3.34 diluted EPS) vs $2.1B ($3.26) in Q4 2025 and $1.4B ($3.45) in Q1 2025.
- Adjusted net income of $4.42 per share, excluding $477M Discover amortization and $415M integration costs.
- Total net revenue $15.2B (-2% QoQ); pre-provision earnings $6.8B (+8% QoQ).
- Provision for credit losses $4.1B; net charge-offs $3.8B; loan reserve build $230M.
- Period-end loans $447.8B (-1%); deposits $489.1B (+3%); CET1 ratio 14.4%.

## SEC filing metadata
- accession: 0000927628-26-000039
- form_type: 8-K
- ticker: COF
- cik: 0000927628
- company_name: CAPITAL ONE FINANCIAL CORP
- filed_at: 2026-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/927628/000092762826000039/0000927628-26-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/927628/000092762826000039/cof-20260421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927628-26-000039
- JSON: https://secwatch.observer/filing/0000927628-26-000039.json
- Plain text: https://secwatch.observer/filing/0000927628-26-000039.txt

## Key facts
- Earnings Releases
  CAPITAL ONE FINANCIAL CORP reported the first quarter ended March 31, 2026 results: revenue $15.2 billion, net income $2.2 billion, EPS $3.34 per diluted common share.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $15.2 billion
  - Net income: $2.2 billion
  - EPS: $3.34 per diluted common share
  - Result: reported results
  source text: first quarter of 2026 compared with the fourth quarter of 2025 unless otherwise noted. First Quarter 2026 Income Statement Summary: • Total net revenue decreased 2 percent to $15.2 billion. • Total non-interest expense decreased 9 percent to $8.5 billion: ◦ 23 percent decrease in marketing. ◦ 6 percent decrease in operating expenses. • Pre-provision earnings (2)
  evidence_url: https://www.sec.gov/Archives/edgar/data/927628/000092762826000039/0000927628-26-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.