SEC Info - Capital One Financial Corp. - ‘8-K’ for 9/14/22

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Capital One Financial Corp. – ‘8-K’ for 9/14/22 – ‘EX-99.1’

On: Wednesday, 9/14/22, at 5:33pm ET · As of: 9/15/22 · For: 9/14/22 · Accession #: 927628-22-273 · File #: 1-13300

  As Of               Filer                 Filing    For·On·As Docs:Size

 9/15/22  Capital One Financial Corp.       8-K:7,9     9/14/22   12:310K

Current Report — Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     57K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML     24K 
 7: R1          Cover                                               HTML     66K 
10: XML         IDEA XML File -- Filing Summary                      XML     12K 
 8: XML         XBRL Instance -- cof-20220914_htm                    XML     49K 
 9: EXCEL       IDEA Workbook of Financial Reports                  XLSX      9K 
 4: EX-101.DEF  XBRL Definitions -- cof-20220914_def                 XML     50K 
 5: EX-101.LAB  XBRL Labels -- cof-20220914_lab                      XML    113K 
 6: EX-101.PRE  XBRL Presentations -- cof-20220914_pre               XML     50K 
 3: EX-101.SCH  XBRL Schema -- cof-20220914                          XSD     18K 
11: JSON        XBRL Instance as JSON Data -- MetaLinks               16±    24K 
12: ZIP         XBRL Zipped Folder -- 0000927628-22-000273-xbrl      Zip     28K

‘EX-99.1’ — Miscellaneous Exhibit

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Document

Exhibit 99.1

Capital One Financial Corporation

Monthly Charge-Off and Delinquency Metrics

As of and for the month ended August 31, 2022


	Loans Held for Investment				Net Charge-Offs				30+ Day Performing Delinquencies				Nonperforming Loans
(Dollars in millions, except as noted)	Average		Period-End		Amount		Rate(1)		Amount		Rate(2)		Amount		Rate(3)
Credit Card:(4)(5)
Domestic	$	117,932	$	120,478	$	198	2.02	%	$	3,322	2.76	%	N/A		N/A
Consumer Banking:
Auto	79,725		79,711		75		1.13		4,013		5.03		$	463	0.58	%

___________________

(1)Net charge-off rate is calculated by dividing annualized net charge-offs for the period by average loans held for investment during the period for the specified loan category. Net charge-offs and the net charge-off rate are impacted periodically by fluctuations in recoveries, including impacts of debt sales.

(2)30+ day performing delinquency rate is calculated by dividing 30+ day performing delinquent loans as of the end of the period by period-end loans held for investment for the specified loan category.

(3)Nonperforming loan rate is calculated by dividing nonperforming loans as of the end of the period by period-end loans held for investment for the specified loan category.

(4)Period-end loans held for investment and average loans held for investment include billed finance charges and fees. We recognize billed finance charges and fee income on open-ended loans in accordance with the contractual provisions of the credit arrangements and estimate the uncollectible amount on a quarterly basis. Billed finance charges and fees that are ultimately uncollectible are reflected as a reduction in revenue and not included in our net charge-offs.

(5)In August 2022, in addition to our normal recovery activity, we sold a pool of charged-off loans that resulted in elevated debt sale recovery activity of approximately $33 million, which decreased the Domestic Credit Card net charge-off rate for August by approximately 33 basis points. Excluding this impact, the Domestic Credit Card net charge-off rate would have been 2.35% for August 2022.

Dates Referenced Herein and Documents Incorporated by Reference

This ‘8-K’ Filing	Date	Other Filings

Filed as of:	9/15/22
Filed on / For Period end:	9/14/22
	8/31/22	4
		List all Filings

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Filing Submission 0000927628-22-000273 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)