Capital One Financial Corporation – Company Information

Capital One Financial Corp logo
Company Capital One Financial Croporation
Headquarters 1680 Capital One Drive, McLean, VA 22102, USA
Chairman, CEO and President Richard D. Fairbank
CFO Stephen S. Crawford
Industry Financial Services
Founder Richard D. Fairbank
Founded 1995
Type Public
NYSE stock symbol COF
Net interest income  $19.397 billion (2014)
Net income $4,428 million (2014)
Earnings per share $7.59 USD (2014)
Employees 46,000 (2014)
Corporate contact number: +1-703-7201000
Investor relations email: [email protected]

Capital One Financial Corporation is a financial services holding company with a broad range of banking and non-banking subsidiaries. It specializes in credit cards, mortgages, car loans, banking and investment products.

The company, which was established in 1995, is headquartered in McLean, Virginia, USA.

It is publicly traded on the New York Stock Exchange (NYSE) under the stock ticker symbol ‘COF’.

In 2013 Capital One was the fourth largest issuer of Visa® (“Visa”) and MasterCard® (“MasterCard”) credit cards in the United States and one of the nation’s 10 largest banks based on deposits.

It serves its banking customer accounts through the internet and branch locations, which are mainly located in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia.

Its main subsidiaries are:

Capital One Bank (USA), National Association (“COBNA”), which provides on credit and debit card products.

Capital One, National Association (“CONA”), which offers a broad spectrum of banking products and financial services to consumers, small businesses and commercial clients.

Capital One Financial is comprised of three primary business segments: Credit Card, Consumer Banking, and Commercial Banking.

On February 17, 2012, Capital One acquired ING Direct.

Income data (in $ millions) 2014* 2013*
Interest income $19,397 $19,898
Interest expense $1,579 $1,792
Net interest income $17,818 $18,106
Net interest income after provision for credit losses $14,277 $14,653
Non-interest income $4,472 $4,278
Non-interest expense $12,180 $12,353
Income from continuing operations before income taxes, net of tax $6,569 $6,578
Income tax provision $2,146 $2,224
Income from continuing operations, net of tax $4,423 $4,354
Loss from discontinued operations, net of tax $5 $(233)
Net income $4,428 $4,121
Net income available to common stockholders $4,343 $4,051
Balance sheet data (in $ millions)
Total assets $308,854 $296,933
Total liabilities $263,801 $255,301
Total stockholders’ equity $45,053 $41,632
Common share data (in $)
Earnings per Common Share – Basic $7.71 $6.99
Earnings per Common Share – Diluted $7.59 $6.89
Cash flow data (in $ millions)
Net cash provided by operating activities $9,304 $9,984
Net cash(used) provided by investing activities $(15,991) $(3,721)
Net cash provided(used) by financing activities $7,638 $(18,472)
Cash and cash equivalents at beginning of period $6,291 $11,058
Cash and cash equivalents at end of period $7,242 $6,291

*Years Ended December 31
Source: “Capital One Financial Corporation Form 10-K 2014”