CAPITAL ONE FINANCIAL CORP
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Stockholders’ Equity
| (Dollars in millions) · Preferred Stock · Common Stock · AdditionalPaid-InCapital · Retained Earnings · AccumulatedOtherComprehensiveIncome (Loss) · TreasuryStock · TotalStockholders’Equity | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||||||||||
| Balance as of December 31, 2020 | 4,975,000 | $0 | 679,932,837 | $7 | $33,480 | $40,088 | $3,494 | $(16,865) | $60,204 | ||||||||
| Comprehensive income (loss) | 12,390 | (3,120) | 9,270 | ||||||||||||||
| Dividends—common stock(1) | 28,410 | 0 | 4 | (1,152) | (1,148) | ||||||||||||
| Dividends—preferred stock | (274) | (274) | |||||||||||||||
| Purchases of treasury stock | (7,605) | (7,605) | |||||||||||||||
| Issuances of common stock and restricted stock, net of forfeitures | 4,178,919 | 0 | 253 | 253 | |||||||||||||
| Exercises of stock options | 917,778 | 0 | 55 | 55 | |||||||||||||
| Issuances of preferred stock | 2,100,000 | 0 | 2,052 | 2,052 | |||||||||||||
| Redemptions of preferred stock | (2,100,000) | 0 | (2,054) | (46) | (2,100) | ||||||||||||
| Compensation expense for restricted stock units and stock options | 322 | 322 | |||||||||||||||
| Balance as of December 31, 2021 | 4,975,000 | $0 | 685,057,944 | $7 | $34,112 | $51,006 | $374 | $(24,470) | $61,029 | ||||||||
| Comprehensive income (loss) | 7,360 | (10,290) | (2,930) | ||||||||||||||
| Dividends—common stock(1) | 33,511 | 0 | 4 | (954) | (950) | ||||||||||||
| Dividends—preferred stock | (228) | (228) | |||||||||||||||
| Purchases of treasury stock | (4,948) | (4,948) | |||||||||||||||
| Issuances of common stock and restricted stock, net of forfeitures | 4,909,173 | 0 | 276 | 276 | |||||||||||||
| Exercises of stock options | 333,794 | 0 | 19 | 19 | |||||||||||||
| Compensation expense for restricted stock units | 314 | 314 | |||||||||||||||
| Balance as of December 31, 2022 | 4,975,000 | $0 | 690,334,422 | $7 | $34,725 | $57,184 | $(9,916) | $(29,418) | $52,582 | ||||||||
| Cumulative effects of accounting standards adoption (2)(3) | 37 | 37 | |||||||||||||||
| Comprehensive income | 4,887 | 1,648 | 6,535 | ||||||||||||||
| Dividends—common stock(1) | 39,420 | 0 | 4 | (935) | (931) | ||||||||||||
| Dividends—preferred stock | (228) | (228) | |||||||||||||||
| Purchases of treasury stock | (718) | (718) | |||||||||||||||
| Issuances of common stock and restricted stock, net of forfeitures | 5,731,927 | 0 | 299 | 299 | |||||||||||||
| Exercises of stock options | 136,899 | 0 | 10 | 10 | |||||||||||||
| Compensation expense for restricted stock units | 503 | 503 | |||||||||||||||
| Balance as of December 31, 2023 | 4,975,000 | $0 | 696,242,668 | $7 | $35,541 | $60,945 | $(8,268) | $(30,136) | $58,089 | ||||||||
(1)We declared dividends per share on our common stock of $0.60 in each quarter of 2023 and 2022, and in the fourth quarter of 2021, $1.20 in the third quarter of 2021 and $0.40 in the first two quarters of 2021.
(2)Impact from the adoption of ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures as of January 1, 2023.
(3)We have equity method investments in certain non-public entities which adopted ASU 2019-10, Financial Instruments - Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842)as of January 1, 2023. The impact to retained earnings was recorded in the second quarter of 2023, on a one quarter lag consistent with our standard operating procedures for equity method investments.
| See Notes to Consolidated Financial Statements. | |
|---|---|
| 130 | Capital One Financial Corporation (COF) |
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