CAPITAL ONE FINANCIAL CORP
For the period ended Mar 31, 2024. Filed May 2, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Commercial Loans by Industry
Table 20 summarizes our commercial loans held for investment portfolio by industry classification as of March 31, 2024 and December 31, 2023. Industry classifications below are based on our interpretation of the Federal Loan Classification codes as they pertain to each individual loan.
Table 20: Commercial Loans by Industry
| (Percentage of portfolio) | March 31, 2024 | December 31, 2023 |
|---|---|---|
| Industry Classification: | ||
| Finance | 31% | 31% |
| Real Estate & Construction(1) | 29 | 30 |
| Government & Education | 8 | 8 |
| Health Care & Pharmaceuticals | 6 | 6 |
| Commercial Services | 4 | 4 |
| Technology, Telecommunications & Media | 3 | 2 |
| Oil, Gas & Pipelines | 3 | 3 |
| Other | 16 | 16 |
| Total | 100% | 100% |
(1)The funded balance for commercial office real estate held for investment totaled $2.2 billion, or 2.5% and $2.3 billion, or 2.5%, as of March 31, 2024 and December 31, 2023, respectively. Commercial office real estate exposure does not include loans in our healthcare real estate business secured by medical office properties and loans to office real estate investment trusts or real estate investment funds.
| 42 | Capital One Financial Corporation (COF) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.