CAPITAL ONE FINANCIAL CORP
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
COF$198.58-1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (Dollars in millions, except per share-related data) | December 31, 2023 | December 31, 2022 |
|---|---|---|
| Assets: | ||
| Cash and cash equivalents: | ||
| Cash and due from banks | $4,903 | $5,193 |
| Interest-bearing deposits and other short-term investments | 38,394 | 25,663 |
| Total cash and cash equivalents | 43,297 | 30,856 |
| Restricted cash for securitization investors | 458 | 400 |
| Securities available for sale (amortized cost of $88.1 billion and $87.0 billion and allowance for credit losses of $4 million and $3 million as of December 31, 2023 and 2022, respectively) | 79,117 | 76,919 |
| Loans held for investment: | ||
| Unsecuritized loans held for investment | 289,229 | 283,282 |
| Loans held in consolidated trusts | 31,243 | 29,049 |
| Total loans held for investment | 320,472 | 312,331 |
| Allowance for credit losses | (15,296) | (13,240) |
| Net loans held for investment | 305,176 | 299,091 |
| Loans held for sale ($347 million and $191 million carried at fair value as of December 31, 2023 and 2022, respectively) | 854 | 203 |
| Premises and equipment, net | 4,375 | 4,351 |
| Interest receivable | 2,478 | 2,104 |
| Goodwill | 15,065 | 14,777 |
| Other assets | 27,644 | 26,548 |
| Total assets | $478,464 | $455,249 |
| Liabilities: | ||
| Interest payable | $649 | $527 |
| Deposits: | ||
| Non-interest-bearing deposits | 28,024 | 32,203 |
| Interest-bearing deposits | 320,389 | 300,789 |
| Total deposits | 348,413 | 332,992 |
| Securitized debt obligations | 18,043 | 16,973 |
| Other debt: | ||
| Federal funds purchased and securities loaned or sold under agreements to repurchase | 538 | 883 |
| Senior and subordinated notes | 31,248 | 30,826 |
| Other borrowings | 27 | 33 |
| Total other debt | 31,813 | 31,742 |
| Other liabilities | 21,457 | 20,433 |
| Total liabilities | 420,375 | 402,667 |
| Commitments, contingencies and guarantees (see Note 18) | ||
| Stockholders’ equity: | ||
| Preferred stock (par value $0.01 per share; 50,000,000 shares authorized; 4,975,000 shares issued and outstanding as of both December 31, 2023 and 2022) | 0 | 0 |
| Common stock (par value $0.01 per share; 1,000,000,000 shares authorized; 696,242,668 and 690,334,422 shares issued as of December 31, 2023 and 2022, respectively; 380,389,609 and 381,318,702 shares outstanding as of December 31, 2023 and 2022, respectively) | 7 | 7 |
| Additional paid-in capital, net | 35,541 | 34,725 |
| Retained earnings | 60,945 | 57,184 |
| Accumulated other comprehensive loss | (8,268) | (9,916) |
| Treasury stock, at cost (par value $0.01 per share; 315,853,059 and 309,015,720 shares as of December 31, 2023 and 2022, respectively) | (30,136) | (29,418) |
| Total stockholders’ equity | 58,089 | 52,582 |
| Total liabilities and stockholders’ equity | $478,464 | $455,249 |
| See Notes to Consolidated Financial Statements. | |
|---|---|
| 129 | Capital One Financial Corporation (COF) |
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