CAPITAL ONE FINANCIAL CORP
For the period ended Sep 30, 2025. Filed Nov 3, 2025.
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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.
Sep 30, 2025 · Filed Nov 3, 2025
COF$201.87-1.0%Stored close · as of Nov 6, 2026
Contents
Accounting Changes and Developments
Accounting Standards Issued but Not Adopted as of September 30, 2025
| Standard | Guidance | Adoption Timing and Financial Statement Impacts |
|---|---|---|
| Income Tax DisclosuresAccounting Standards Update (“ASU”) No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax DisclosuresIssued December 2023 | Requires entities to annually provide additional information on income tax rate reconciliations and make additional disclosures about income taxes paid. | Effective beginning with our annual period ending on December 31, 2025, with early adoption permitted. Prospective application is required and retrospective application is also permitted.We plan to adopt this standard for the above annual period and to apply the new requirements retrospectively. We are still assessing the extent of the impacts of adoption to our disclosures. |
| Disaggregation of Income Statement ExpensesASU No. 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement ExpensesIssued November 2024 | Requires entities to separately disclose specific disaggregated expense categories on an annual and interim basis as well as disclose selling expenses on an annual basis. | Effective beginning with our annual period ending on December 31, 2027, with early adoption permitted. Prospective application is required and retrospective application is also permitted.We are still assessing the extent of the impacts of adoption to our disclosures. |
| Internal-Use SoftwareASU No. 2025-06, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use SoftwareIssued September 2025 | Requires entities to capitalize costs associated with internal-use software based on a new methodology, which focuses on management’s authorization and commitment to funding the project and the probability that the software will be completed and used to perform the function intended. | Effective beginning with our interim period March 31, 2028, with early adoption permitted. Prospective, retrospective, and modified transition applications are each permitted.We are still assessing the extent of the impacts of adoption to our disclosures. |
| 33 | Capital One Financial Corporation (COF) |
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