other material
confidence high
sentiment neutral
materiality 0.30
Capital One August charge-off: credit card 4.16%, auto 1.66%
CAPITAL ONE FINANCIAL CORP
- Credit card net charge-offs $892M, annualized rate 4.16% on average loans $257.5B
- Credit card 30+ day performing delinquencies $9,297M, rate 3.57% of period-end loans $260.6B
- Auto net charge-offs $126M, annualized rate 1.66% on average loans $91.2B
- Auto 30+ day delinquencies $4,171M (4.54%); nonperforming loans $572M (0.62%)