CAPITAL ONE FINANCIAL CORP

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

COF$195.84-1.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Income

	Year Ended December 31,
(Dollars in millions, except per share-related data)	2025	2024	2023
Interest income:
Loans, including loans held for sale	$53,021	$40,894	$37,410
Investment securities	3,218	2,873	2,550
Other	2,457	2,267	1,978
Total interest income	58,696	46,034	41,938
Interest expense:
Deposits	12,925	11,493	9,489
Securitized debt obligations	660	958	959
Senior and subordinated notes	2,172	2,333	2,204
Other borrowings	61	42	45
Total interest expense	15,818	14,826	12,697
Net interest income	42,878	31,208	29,241
Provision for credit losses	20,655	11,716	10,426
Net interest income after provision for credit losses	22,223	19,492	18,815
Non-interest income:
Discount and interchange fees, net	6,443	4,882	4,793
Service charges and other customer-related fees	2,849	1,976	1,667
Net securities gains (losses)	0	(35)	(34)
Other	1,264	1,081	1,120
Total non-interest income	10,556	7,904	7,546
Non-interest expense:
Salaries and associate benefits	12,471	9,398	9,302
Occupancy and equipment	3,166	2,366	2,160
Marketing	5,884	4,562	4,009
Professional services	2,424	1,610	1,268
Communications and data processing	1,770	1,462	1,383
Amortization of intangibles	1,326	77	82
Other	3,457	2,011	2,112
Total non-interest expense	30,498	21,486	20,316
Income from continuing operations before income taxes	2,281	5,910	6,045
Income tax provision	193	1,163	1,158
Income from continuing operations, net of tax	2,088	4,747	4,887
Income from discontinued operations, net of tax	365	3	0
Net income	2,453	4,750	4,887
Dividends and undistributed earnings allocated to participating securities	(26)	(77)	(77)
Preferred stock dividends	(252)	(228)	(228)
Discount on redeemed preferred stock	6	0	0
Net income available to common stockholders	$2,181	$4,445	$4,582
Basic earnings per common share:
Net income from continuing operations	$3.36	$11.60	$11.98
Net income from discontinued operations	0.67	0.01	0.00
Net income per basic common share	$4.03	$11.61	$11.98
Diluted earnings per common share:
Net income from continuing operations	$3.36	$11.58	$11.95
Net income from discontinued operations	0.67	0.01	0.00
Net income per diluted common share	$4.03	$11.59	$11.95

See Notes to Consolidated Financial Statements.
145	Capital One Financial Corporation (COF)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.