Highest-materiality recent filing
Capital One reports April 2026 domestic credit card net charge-off rate of 4.94%
Domestic credit card net charge-offs $1,042M, annualized rate 4.94% on average loans $253.1B.
Capital One Q1 2026 net income $2.2B, adjusted EPS $4.42; Discover integration on track
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.
Capital One completes Brex acquisition for ~$2.56B cash plus 10.6M shares; special RSU award
Acquisition of Brex Inc. closed on April 7, 2026, per Merger Agreement dated Jan 22, 2026.
Capital One approves $40M CEO pay for 2025; adopts new executive severance policies
CEO Fairbank 2025 package: $2.5M upfront RSU + $37.5M year-end award (performance shares, deferred cash, RSUs) = $40M total.
Issued $1.5B of 4.722% Fixed-to-Floating Rate Senior Notes due 2032 and $1.5B of 5.399% Fixed-to-Floating Rate Senior Notes due 2037.
Capital One Q4 net income $2.1B ($3.86 adj EPS); acquires Brex for $5.15B
Q4 2025 GAAP net income $2.1B ($3.26 EPS), down from Q3 2025 $3.2B ($4.83 EPS); adjusted EPS $3.86.
Capital One acquires Brex for $5.15B in cash and stock
Total consideration $5.15B: ~$2.75B cash + ~10.6M shares of Capital One common stock.
Capital One Nov 2025 credit metrics: Domestic Card charge-off rate 5.02%, Auto 1.71%
Domestic credit card net charge-offs $1,060M; annualized rate 5.02% as of Nov 30, 2025.
Capital One Q3 net income $3.2B ($4.83 EPS), beats; authorizes $16B share buyback
Net income $3.2B, diluted EPS $4.83; adjusted EPS $5.95; vs Q2 net loss $4.3B and Q3 2024 net income $1.8B.
Capital One closes $2.75B senior notes offering (4.493% due 2031, 5.197% due 2036)
Issued $1.25B of 4.493% Fixed-to-Floating Rate Senior Notes due 2031 and $1.5B of 5.197% Fixed-to-Floating Rate Senior Notes due 2036.
Capital One July 2025 credit metrics: Credit Card NCO rate 4.83%, Auto 1.59%
Domestic Credit Card net charge-offs $1,010M; annualized NCO rate 4.83%.
Capital One Q2 net loss $4.3B ($8.58/sh) on Discover acquisition charges; adjusted EPS $5.48
GAAP net loss of $4.3B vs Q1 net income of $1.4B; adjusted net income of $5.48 per diluted share.
Capital One SCB falls to 4.5% from 5.5% in 2025 CCAR; effective Oct 1
Preliminary Stress Capital Buffer of 4.5% effective Oct 1, 2025, per Federal Reserve 2025 CCAR.
Capital One closes Discover acquisition; posts Discover FY2024 net income $4.54B
Discover FY2024 net income $4.535B (up 62% from $2.796B in 2023); total assets $147.6B.
Capital One completes Discover acquisition for ~257M shares; board expanded, $6.8B debt assumed
Capital One issued ~257M shares of common stock to Discover shareholders at 1.0192 exchange ratio.
Net income $1.4B ($3.45 diluted EPS) vs $1.3B ($3.13) YoY; adjusted EPS $4.06 excludes $0.39 legal and $0.22 integration costs.
Capital One receives all regulatory approvals for Discover acquisition; closing May 18
OCC and Federal Reserve approved the deal; all required regulatory approvals obtained.
Capital One and Discover stockholders approve acquisition with >99% votes in favor
Capital One stockholders: >99.8% voted in favor, representing 85.1% of outstanding shares.
Special stockholder meetings for Capital One and Discover set for Feb 18, 2025 to vote on merger proposals.
As reported on the Original 8-K, as of the Effective Time (as defined in the Original 8-K), the Capital One board of directors (the 'Board') increased its size to 15 directors and appointed each of Thomas G. Maheras, Michael Shepherd and Jennifer L. Wong (each, a 'New Director' and, collectively, the 'New Directors') to join the Board.
As reported on the Original 8-K, as of the Effective Time (as defined in the Original 8-K), the Capital One board of directors (the 'Board') increased its size to 15 directors and appointed each of Thomas G. Maheras, Michael Shepherd and Jennifer L. Wong (each, a 'New Director' and, collectively, the 'New Directors') to join the Board.
As reported on the Original 8-K, as of the Effective Time (as defined in the Original 8-K), the Capital One board of directors (the 'Board') increased its size to 15 directors and appointed each of Thomas G. Maheras, Michael Shepherd and Jennifer L. Wong (each, a 'New Director' and, collectively, the 'New Directors') to join the Board.
The three former directors of Discover appointed by the Board to fill the increase in the size of the Board referred to above, in each case effective as of the Effective Time, are as follows: Thomas G. Maheras, Michael Shepherd and Jennifer L. Wong
The three former directors of Discover appointed by the Board to fill the increase in the size of the Board referred to above, in each case effective as of the Effective Time, are as follows: Thomas G. Maheras, Michael Shepherd and Jennifer L. Wong
The three former directors of Discover appointed by the Board to fill the increase in the size of the Board referred to above, in each case effective as of the Effective Time, are as follows: Thomas G. Maheras, Michael Shepherd and Jennifer L. Wong
On February 28, 2024, the Board of Directors (the “Board”) of Capital One Financial Corporation (the “Company”) appointed Suni P. Harford to serve as a director, effective April 1, 2024.
On November 4, 2021, the Board of Directors (the “Board”) of Capital One Financial Corporation (the “Company”) appointed Christine Detrick to serve as a director, effective November 5, 2021.
Max materiality 0.90 · Median 0.50 · Most common event other_material