Capital One Financial Corporation (COF) financial statements (2022 and earlier)

Company profile

Business Address 1680 CAPITAL ONE DRIVE
MCLEAN, VA 22102
State of Incorp. DE
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments21,74640,50913,40713,18614,0409,9767,984
Cash and cash equivalents21,74640,50913,40713,18614,0409,9767,984
Total current assets:21,74640,50913,40713,18614,0409,9767,984
Noncurrent Assets
Finance lease, right-of-use asset336996
Operating lease, right-of-use asset1,1371,3161,433
Property, plant and equipment4,2104,2874,3784,1914,0333,6753,584
Intangible assets, net (including goodwill)14,89314,74314,82714,79814,95415,18415,521
Goodwill14,78214,65314,65314,54414,53314,51914,480
Intangible assets, net (excluding goodwill)111901742544216651,041
Amortization method qualified affordable housing project investments4,7004,5004,4004,2003,9003,8003,500
Total noncurrent assets:24,97324,91525,13423,18922,88722,65922,605
Other undisclosed assets385,662356,178351,824336,163328,766324,398303,459
TOTAL ASSETS:432,381421,602390,365372,538365,693357,033334,048
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt8206687,3149,402576992981
Total current liabilities:8206687,3149,402576992981
Noncurrent Liabilities
Long-term debt and lease obligation, including:42,26639,87148,38349,50359,70559,46858,134
Other undisclosed long-term debt and lease obligation42,26639,87148,38349,50359,70559,46858,134
Liabilities, other than long-term debt1,7001,5001,5001,5001,4001,2001,300
Qualified affordable housing project investments, commitment1,7001,5001,5001,5001,4001,2001,300
Total noncurrent liabilities:43,96641,37149,88351,00361,10560,66859,434
Other undisclosed liabilities326,566319,359275,157260,465255,282247,859226,349
Total liabilities:371,352361,398332,354320,870316,963309,519286,764
Stockholders' equity
Stockholders' equity attributable to parent61,02960,20458,01151,66848,73047,51447,284
Common stock7777776
Treasury stock, value(24,470)(16,865)(16,472)(14,991)(12,707)(12,467)(8,806)
Additional paid in capital34,11233,48032,98032,04031,65631,15729,655
Accumulated other comprehensive income (loss)3743,4941,156(1,263)(926)(949)(616)
Retained earnings51,00640,08840,34035,87530,70029,76627,045
Total stockholders' equity:61,02960,20458,01151,66848,73047,51447,284
TOTAL LIABILITIES AND EQUITY:432,381421,602390,365372,538365,693357,033334,048

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues30,43528,52328,59328,07627,23725,50123,413
Net investment income24,32324,15626,10224,96523,51121,29218,884
Cost of revenue (10,264)(6,236)(5,856)(7,551)(6,459)(4,536)
Provision for loan, lease, and other losses (10,264)(6,236)(5,856)
Financial services costs(7,551)(6,459)(4,536)
Gross profit:30,43518,25922,35722,22019,68619,04218,877
Operating expenses(7,576)(6,255)(6,899)(6,697)(11,782)(11,201)(10,723)
Operating income:22,85912,00415,45815,5237,9047,8418,154
Nonoperating expense
(Investment Income, Nonoperating)
      (30)
Interest and debt expense(1,598)(3,120)(5,173)(4,301)(2,762)(2,018)(1,625)
Income from continuing operations before equity method investments, income taxes:21,2618,88410,28511,2225,1425,8236,499
Other undisclosed income (loss) from continuing operations before income taxes(5,452)(5,681)(3,411)(3,904)350(339)(618)
Income from continuing operations before income taxes:15,8093,2036,8747,3185,4925,4845,881
Income tax expense(3,415)(486)(1,341)(1,293)(3,375)(1,714)(1,869)
Net income:12,3942,7175,5336,0252,1173,7704,012
Other undisclosed net income (loss) attributable to parent(4)(3)13(10)(135)(19)38
Net income attributable to parent:12,3902,7145,5466,0151,9823,7514,050
Preferred stock dividends and other adjustments(274)(280)(282)(265)(265)(214)(158)
Other undisclosed net loss available to common stockholders, basic(151)(59)(72)(40)(13)(24)(20)
Net income available to common stockholders, diluted:11,9652,3755,1925,7101,7043,5133,872

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:12,3942,7175,5336,0252,1173,7704,012
Other comprehensive loss(4)(4)(18)    
Comprehensive income:12,3902,7135,5156,0252,1173,7704,012
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(3,120)2,3471,562(146)(112)(352)(148)
Comprehensive income, net of tax, attributable to parent:9,2705,0607,0775,8792,0053,4183,864

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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