Capital One Financial Stock Price, News & Analysis

Capital One (NYSE:COF) reported a significant net loss of $4.3 billion, or $(8.58) per share in Q2 2025, compared to net income of $1.4 billion in Q1 2025. However, adjusted net income was $5.48 per share.

The quarter was marked by the completion of the Discover acquisition on May 18th, leading to substantial balance sheet changes. Total net revenue increased 25% to $12.5 billion, while total non-interest expense rose 18% to $7.0 billion. Period-end loans increased 36% to $439.3 billion, with Credit Card loans surging 72% to $269.7 billion. Total deposits grew 27% to $468.1 billion.

The quarter included significant adjusting items, primarily an $8.77 billion initial allowance build for Discover non-PCD loans and $299 million in integration expenses.

Capital One Financial Corporation (NYSE: COF) has announced its preliminary Stress Capital Buffer Requirement (SCB) of 4.5 percent, which will take effect on October 1, 2025. This represents a decrease from the current SCB of 5.5 percent, which remains in effect through Q3 2025.

The Federal Reserve issued a notice in April 2025 proposing to amend the SCB calculation method by averaging stress test results over two consecutive years. However, the preliminary SCB announced was calculated under the current framework, not reflecting the proposed averaging method as the proposal has not been finalized.

Capital One Financial Corporation (NYSE: COF) has announced the complete redemption of its Series P Preferred Stock and corresponding depositary shares. The redemption will occur on June 30, 2025, with shareholders receiving $1,000 per depositary share (equivalent to $100,000 per preferred stock share), plus accrued but undeclared dividends from March 23, 2025, to the redemption date.

All 500,000 outstanding Series P Depositary Shares, each representing a 1/100th interest in a share of 6.125% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, will be redeemed. The redemption will be processed through The Depository Trust Company (DTC), with Computershare Trust Company, N.A. serving as the redemption agent.

Capital One Financial Corporation (NYSE: COF) has announced it will release its Q2 2025 earnings results on Tuesday, July 22, 2025, at approximately 4:05 p.m. Eastern Time. The company will host a conference call at 5:00 p.m. Eastern Time to discuss the financial and operating performance for the quarter ending June 30, 2025. The earnings release will be available on Capital One's website, and the conference call will be webcast live. A replay of the webcast will be accessible for 24 hours a day through the company's homepage until 5:00 p.m. Eastern Time on August 5, 2025, starting two hours after the initial conference call.

Capital One (NYSE: COF) has completed its acquisition of Discover Financial Services, marking a significant milestone in the financial services industry. The deal, initially announced on February 19, 2024, received all necessary regulatory approvals from the Federal Reserve System, Office of the Comptroller of the Currency, and Delaware State Bank Commissioner.

The merger expands Capital One's Board from 12 to 15 directors, incorporating three former Discover board members. Customer accounts and banking relationships currently remain unchanged, with Discover-branded cards continuing alongside Capital One's existing card offerings. The acquisition includes the Discover®, PULSE®, and Diners Club International® networks.

As part of the deal, Capital One will implement a $265 billion Community Benefits Plan to strengthen economic opportunity across America.

Capital One Financial Corporation (NYSE: COF) has declared its quarterly dividend of $0.60 per common share, payable on June 5, 2025, to stockholders of record as of May 23, 2025. The company has consistently paid dividends every quarter since becoming independent in 1995.

Additionally, Capital One announced quarterly dividends for several series of preferred stock, all payable on June 2, 2025, to stockholders of record as of May 21, 2025:

• Series I Preferred Stock: $12.50 per share ($0.3125 per depositary share)
• Series J Preferred Stock: $12.00 per share ($0.30 per depositary share)
• Series K Preferred Stock: $11.5625 per share ($0.2890625 per depositary share)
• Series L Preferred Stock: $10.9375 per share ($0.2734375 per depositary share)
• Series M Preferred Stock: $9.875 per share
• Series N Preferred Stock: $10.625 per share ($0.265625 per depositary share)

Capital One (NYSE: COF) reported Q1 2025 net income of $1.4 billion, or $3.45 per diluted share, up from $1.1 billion ($2.67/share) in Q4 2024. Adjusted net income was $4.06 per share.

Key financial metrics include:

• Total net revenue decreased 2% to $10.0 billion
• Non-interest expense down 3% to $5.9 billion
• Provision for credit losses decreased $273M to $2.4 billion
• Period-end loans decreased 1% to $323.6 billion
• Total deposits increased 1% to $367.5 billion

The company received regulatory approval for its Discover acquisition, scheduled to complete on May 18th. The merger aims to create a leading consumer banking and payments platform leveraging Capital One's technology capabilities across an expanded customer base.

Capital One Financial (NYSE: COF) has received final regulatory approvals from the Federal Reserve System and the Office of the Comptroller of the Currency for its acquisition of Discover Financial Services (NYSE: DFS). This follows earlier approvals from the Delaware State Bank Commissioner and shareholders, with over 99% voting in favor.

The transaction is set to close on May 18, 2025, subject to customary conditions. No immediate changes will affect customer accounts post-closing. Capital One will implement a five-year Community Benefits Plan worth $265 billion in lending, investment, and services to advance economic opportunity across America.

The merger aims to increase competition in payment networks, expand product offerings, enhance innovation and security, and deliver community benefits. Both companies' leadership expressed enthusiasm about the combination's potential to strengthen the banking system and serve stakeholders.

Capital One Software has launched Capital One Databolt, an enterprise-scale tokenization solution designed to enhance data security. The product replaces sensitive data with secure tokens, offering protection against data breaches while maintaining data format integrity.

Key features of Databolt include:

• Throughput capacity of up to 4 million tokens per second
• Vaultless solution keeping sensitive data within business environment
• Cloud-native architecture with flexible deployment options

Early Warning Services, an early adopter, reports successful implementation with exceptional performance. Capital One currently processes over hundred billion tokenization operations monthly across hundreds of applications. The solution aims to address growing challenges in data privacy, particularly in the context of increasing data breaches and generative AI adoption.