secwatch.observer — SEC 8-K summary
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Issuer:     CAPITAL ONE FINANCIAL CORP (COF)
CIK:        0000927628
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0001193125-26-019444
Event type: earnings
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capital One Q4 net income $2.1B ($3.86 adj EPS); acquires Brex for $5.15B
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- Q4 2025 GAAP net income $2.1B ($3.26 EPS), down from Q3 2025 $3.2B ($4.83 EPS); adjusted EPS $3.86.
- Definitive agreement to acquire Brex Inc. for $5.15B (50% cash, 50% stock).
- Total net revenue $15.6B (+1% QoQ); provision for credit losses $4.1B, up $1.4B QoQ.
- Non-interest expense $9.3B (+13% QoQ) driven by 38% marketing increase and 8% operating expense rise.
- CET1 ratio 14.3%; period-end loans $453.6B, deposits $475.8B; NIM 8.26%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927628/000119312526019444/0001193125-26-019444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927628/000119312526019444/d45426d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-019444

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