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Capital One Financial Corp

Capital One Financial Corp - Market Share in Mortgage Loans

By Helgi Library - October 19, 2019

Capital One Financial Corp's mortgage loans reached USD 0 mil in 3Q2018, down 0% compared to the previous year. American bankin...

Capital One Financial Corp - Market Share in Mortgage Loans

By Helgi Library - October 19, 2019

Capital One Financial Corp's mortgage loans reached USD 0 mil in 3Q2018, down 0% compared to the previous year. American bankin...

Capital One Financial Corp's npls (as % of loans) fell 31.4% yoy to 0.240% in 2Q2019

By Helgi Library - October 19, 2019

Capital One Financial Corp's non-performing loans reached 0.240% of total loans at the end of 2019-06-30, down from 0.349% compar...

Profit Statement 2016 2017 2018
Net Interest Income USD mil 20,873 22,460 22,875
Net Fee Income USD mil 4,098 4,170 4,408
Other Income USD mil 530 607 793
Total Revenues USD mil 25,501 27,237 28,076
Operating Profit USD mil 11,919 13,474 12,408
Provisions USD mil 6,459 7,551 5,856
Net Profit USD mil 3,751 1,982 6,015
Balance Sheet 2016 2017 2018
Interbank Loans USD mil 5,791 9,582 8,418
Customer Loans USD mil 240,126 247,942 239,871
Total Assets USD mil 357,033 365,693 372,538
Shareholders' Equity USD mil 47,514 48,730 51,668
Interbank Borrowing USD mil 992 576 352
Customer Deposits USD mil 236,768 243,702 249,764
Issued Debt Securities USD mil 59,468 59,705 58,553
Ratios 2016 2017 2018
ROE % 7.91 4.12 12.0
ROA % 1.09 0.548 1.63
Costs (As % Of Assets) % 3.93 3.81 4.24
Costs (As % Of Income) % 53.3 50.5 55.8
Capital Adequacy Ratio % 14.3 14.4 15.1
Net Interest Margin % 6.04 6.22 6.20
Loans (As % Of Deposits) % 101 102 96.0
NPLs (As % Of Loans) % 0.762 0.412 0.353
Provisions (As % Of NPLs) % 346 713 828
Valuation 2016 2017 2018
Price/Earnings (P/E) 11.2 24.4 5.88
Price/Book Value (P/BV) 0.882 0.992 0.684
Dividend Yield % 1.93 1.60 2.17
Earnings Per Share (EPS) USD 7.36 4.05 12.5
Book Value Per Share USD 93.2 99.5 107
Dividend Per Share USD 1.58 1.58 1.59

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summary Unit 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
income statement                                                        
Net Interest Income USD mil                                           16,589 18,106 17,818 18,834 20,873    
Total Revenues USD mil                                           20,802 22,384 22,290 23,413 25,501    
Operating Profit USD mil                                           9,341 10,224 10,174 10,587 11,919    
Net Profit USD mil                                           3,492 4,121 4,428 4,050 3,751    
balance sheet                                                        
Interbank Loans USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       7,618 3,470 4,095 4,616 5,791    
Customer Loans USD mil ...                                         200,934 193,102 204,559 225,625 240,126    
Debt Securities USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       63,988 60,932 62,008 63,680 66,449    
Total Assets USD mil ...                                         312,918 296,933 308,167 334,048 357,033    
Shareholders' Equity USD mil ...                                         40,499 41,632 45,053 47,284 47,514    
Interbank Borrowing USD mil ...                                         1,248 915 880 981 992    
Customer Deposits USD mil ...                                         212,485 204,523 205,548 217,721 236,768    
Issued Debt Securities USD mil ...                                         48,662 39,739 47,577 58,134 59,468    
ratios                                                        
ROE % ...                                         9.95 10.0 10.2 8.77 7.91    
ROA % ...                                         1.35 1.35 1.46 1.26 1.09    
Costs (As % Of Assets) % ...                                         4.42 3.99 4.00 3.99 3.93    
Costs (As % Of Income) %                                           55.1 54.3 54.4 54.8 53.3    
Capital Adequacy Ratio % ... ... ... ... ... ... ... ...                           13.8 15.1 15.7 14.6 14.3    
Net Interest Margin % ...                                         6.39 5.94 5.89 5.87 6.04    
Interest Income (As % Of Revenues) %                                           79.7 80.9 79.9 80.4 81.9    
Fee Income (As % Of Revenues) %                                           18.0 17.9 17.4 17.6 16.1    
Equity (As % Of Assets) % ...                                         12.9 14.0 14.6 14.2 13.3    
Loans (As % Of Deposits) % ... ... ...                                     94.6 94.4 99.5 104 101    
Loans (As % Assets) % ...                                         64.2 65.0 66.4 67.5 67.3    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ... ... ... ... ...               0.621 0.577 0.541 0.647 0.762    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ... ... ... ... ...               403 379 388 343 346    
valuation                                                        
Market Capitalisation (End Of Period) USD mil ... ... ...                                     33,727 43,873 45,683 38,058 41,894    
Number Of Shares (Average) mil                                           567 588 572 548 510    
Share Price (End Of Period) USD ... ... ...                                     59.5 74.7 79.9 69.4 82.2    
Earnings Per Share (EPS) USD                                           6.16 7.01 7.74 7.39 7.36    
Book Value Per Share USD ...                                         71.5 70.9 78.8 86.3 93.2    
Dividend Per Share USD ... ... ... ...                                   0.198 0.937 1.18 1.48 1.58    
Price/Earnings (P/E) ... ... ...                             ...       9.66 10.6 10.3 9.40 11.2    
Price/Book Value (P/BV) ... ... ...                                     0.833 1.05 1.01 0.805 0.882    
Dividend Yield % ... ... ... ...                                   0.333 1.26 1.48 2.14 1.93    
Earnings Per Share Growth % ...                                         -10.1 13.8 10.4 -4.55 -0.443    
Book Value Per Share Growth % ...                                         10.6 -0.894 11.2 9.53 8.02    
income statement Unit 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
income statement                                                        
Interest Income USD mil                                           18,964 19,898 19,397 20,459 22,891    
Interest Cost USD mil                                           2,375 1,792 1,579 1,625 2,018    
Net Interest Income USD mil                                           16,589 18,106 17,818 18,834 20,873    
Net Fee Income USD mil                                           3,753 4,014 3,888 4,120 4,098    
Other Income USD mil                                           460 264 584 459 530    
Total Revenues USD mil                                           20,802 22,384 22,290 23,413 25,501    
Operating Cost USD mil                                           11,461 12,160 12,116 12,826 13,582    
Operating Profit USD mil                                           9,341 10,224 10,174 10,587 11,919    
Provisions USD mil                                           4,415 3,453 3,541 4,536 6,459    
Extra and Other Cost USD mil                                           -258 193 64.0 170 -24.0    
Pre-Tax Profit USD mil                                           5,184 6,578 6,569 5,881 5,484    
Tax USD mil                                           1,475 2,224 2,146 1,869 1,714    
Minorities USD mil                                           0 0 0 0 0    
Net Profit USD mil                                           3,492 4,121 4,428 4,050 3,751    
Dividends USD mil ... ... ... ...                                   112 551 676 813 808    
growth rates                                                        
Net Interest Income Growth % ...                                         30.2 9.14 -1.59 5.70 10.8    
Net Fee Income Growth % ...                                         12.3 6.95 -3.14 5.97 -0.534    
Total Revenue Growth % ...                                         27.8 7.61 -0.420 5.04 8.92    
Operating Cost Growth % ...                                         22.8 6.10 -0.362 5.86 5.89    
Operating Profit Growth % ...                                         34.5 9.45 -0.489 4.06 12.6    
Pre-Tax Profit Growth % ...                                         13.0 26.9 -0.137 -10.5 -6.75    
Net Profit Growth % ...                                         11.0 18.0 7.45 -8.54 -7.38    
market share                                                        
Market Share in Revenues %                                           3.05 3.30 3.29 3.36 3.49   ...
Market Share in Net Profit %                                   ...       2.42 2.57 2.86 2.43 2.14   ...
Market Share in Employees % ... ... ...                                     1.88 2.03 ... ... ... ... ...
balance sheet Unit 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
balance sheet                                                        
Cash USD mil ...                                         3,440 2,821 3,147 3,407 4,185    
Interbank Loans USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       7,618 3,470 4,095 4,616 5,791    
Customer Loans USD mil ...                                         200,934 193,102 204,559 225,625 240,126    
Retail Loans USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ...               166,882 152,067 157,315 166,497 178,606    
Mortgage Loans USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       44,100 35,282 30,035 25,227 21,584    
Consumer Loans USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       122,782 116,785 127,280 141,270 157,022    
Corporate Loans USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ...               38,820 45,011 50,890 63,266 66,916    
Debt Securities USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       63,988 60,932 62,008 63,680 66,449    
Fixed Assets USD mil ...                                         217,409 208,929 219,853 241,146 255,310    
Total Assets USD mil ...                                         312,918 296,933 308,167 334,048 357,033    
Shareholders' Equity USD mil ...                                         40,499 41,632 45,053 47,284 47,514    
Of Which Minority Interest USD mil ...                                         0 0 0 0 0    
Liabilities USD mil ...                                         272,419 255,301 263,114 286,764 309,519    
Interbank Borrowing USD mil ...                                         1,248 915 880 981 992    
Customer Deposits USD mil ...                                         212,485 204,523 205,548 217,721 236,768    
Sight Deposits USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...         22,467 22,643 25,081 25,847 25,502    
Term Deposits USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...         190,018 181,880 180,467 191,874 211,266    
Issued Debt Securities USD mil ...                                         48,662 39,739 47,577 58,134 59,468    
Other Liabilities USD mil ...                                         10,024 10,124 9,109 9,928 12,291    
asset quality                                                        
Non-Performing Loans USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ...               1,280 1,140 1,131 1,494 1,879    
Gross Loans USD mil ...                                         206,090 197,417 208,942 230,755 246,629    
Total Provisions USD mil ...                                         5,156 4,315 4,383 5,130 6,503    
growth rates                                                        
Customer Loan Growth % ... ...                                       52.4 -3.90 5.93 10.3 6.43    
Retail Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...             64.6 -8.88 3.45 5.84 7.27    
Mortgage Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...     323 -20.0 -14.9 -16.0 -14.4    
Consumer Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...     35.0 -4.88 8.99 11.0 11.2    
Corporate Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...             14.2 15.9 13.1 24.3 5.77    
Total Asset Growth % ... ...                                       51.9 -5.11 3.78 8.40 6.88    
Shareholders' Equity Growth % ... ...                                       36.5 2.80 8.22 4.95 0.486    
Customer Deposit Growth % ... ... ... ...                                   65.7 -3.75 0.501 5.92 8.75    
market share                                                        
Market Share in Customer Loans % ...                                         2.65 2.48 2.49 2.55 2.56    
Market Share in Corporate Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ...               1.48 1.63 1.72 1.95 1.92   ...
Market Share in Retail Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       10.5 10.1 ... ... ... ... ...
Market Share in Consumer Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ...               1.28 1.15 ... ... ... ... ...
Market Share in Mortgage Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       0.463 0.373 0.318 0.262 0.218   ...
Market Share in Total Assets % ...                                         2.17 2.01 1.98 2.08 2.11    
Market Share in Customer Deposits % ...                                         2.03 1.88 1.80 1.82 1.87    
ratios Unit 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
ratios                                                        
ROE % ...                                         9.95 10.0 10.2 8.77 7.91    
ROA % ...                                         1.35 1.35 1.46 1.26 1.09    
Costs (As % Of Assets) % ...                                         4.42 3.99 4.00 3.99 3.93    
Costs (As % Of Income) %                                           55.1 54.3 54.4 54.8 53.3    
Capital Adequacy Ratio % ... ... ... ... ... ... ... ...                           13.8 15.1 15.7 14.6 14.3    
Tier 1 Ratio % ... ... ... ... ... ... ... ...                           11.3 12.6 13.2 12.4 11.6    
Net Interest Margin % ...                                         6.39 5.94 5.89 5.87 6.04    
Interest Spread % ... ...                                       6.25 5.85 5.80 5.78 5.95    
Asset Yield % ...                                         7.31 6.53 6.41 6.37 6.62    
Cost Of Liabilities % ... ...                                       1.06 0.679 0.609 0.591 0.677    
Payout Ratio % ... ... ... ...                                   3.21 13.4 15.3 20.1 21.5    
Interest Income (As % Of Revenues) %                                           79.7 80.9 79.9 80.4 81.9    
Fee Income (As % Of Revenues) %                                           18.0 17.9 17.4 17.6 16.1    
Other Income (As % Of Revenues) %                                           2.21 1.18 2.62 1.96 2.08    
Equity (As % Of Assets) % ...                                         12.9 14.0 14.6 14.2 13.3    
Loans (As % Of Deposits) % ... ... ...                                     94.6 94.4 99.5 104 101    
Loans (As % Assets) % ...                                         64.2 65.0 66.4 67.5 67.3    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ... ... ... ... ...               0.621 0.577 0.541 0.647 0.762    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ... ... ... ... ...               403 379 388 343 346    
Provisions (As % Of Loans) % ...                                         2.57 2.23 2.14 2.27 2.71    
Cost of Provisions (As % Of Loans) % ...                                         2.65 1.75 1.78 2.11 2.77    
other data Unit 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
other data                                                        
Employees ... ... ...                                     39,593 41,951 46,000 45,400 47,300    
Sight (As % Of Customer Deposits) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...         10.6 11.1 12.2 11.9 10.8    
On-balance Sheet Loans USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 193,102 204,559 225,625 240,126    

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Capital One Financial Corp's npls (as % of loans) fell 31.4% yoy to 0.240% in 2Q2019

By Helgi Library - October 19, 2019

Capital One Financial Corp's non-performing loans reached 0.240% of total loans at the end of 2019-06-30, down from 0.349% compared to the previous year. Historically, the NPL ratio hit an all time high of 1.27% in 2010-06-30 and an all time low of 0.240% in 2019...

Capital One Financial Corp's net profit fell 14.7% yoy to USD 1,625 mil in 2Q2019

By Helgi Library - October 19, 2019

Capital One Financial Corp made a net profit of USD 1,625 mil under revenues of USD 7,124 mil in the second quarter of 2019, down 14.7% and 0.945% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time hig...

Capital One Financial Corp's net profit fell 14.7% yoy to USD 1,625 mil in 2Q2019

By Helgi Library - October 19, 2019

Capital One Financial Corp made a net profit of USD 1,625 mil under revenues of USD 7,124 mil in the second quarter of 2019, down 14.7% and 0.945% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time hig...

Capital One Financial Corp's customer deposits rose 3.40% yoy to USD 247,195 mil in 3Q2018

By Helgi Library - October 19, 2019

Capital One Financial Corp's customer deposits reached USD 247,195 mil in 2018-09-30, down 0.415% compared to the previous year. American banking sector accepted customer deposits of USD 13,370 bil in 2018-09-30, up 0.620% when compared to the last year. ...

Capital One Financial Corp's customer deposits rose 3.40% yoy to USD 247,195 mil in 3Q2018

By Helgi Library - October 19, 2019

Capital One Financial Corp's customer deposits reached USD 247,195 mil in 2018-09-30, down 0.415% compared to the previous year. American banking sector accepted customer deposits of USD 13,370 bil in 2018-09-30, up 0.620% when compared to the last year. ...

Capital One Financial Corp's capital adequacy ratio rose 7.28% yoy to 16.2% in 2Q2019

By Helgi Library - October 19, 2019

Capital One Financial Corp's capital adequacy ratio reached 16.2% at the end of second quarter of 2019, up from 15.8% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 17.0% in 2Q2010 and an all time low of 14.0% ...

Capital One Financial Corp's capital adequacy ratio rose 7.28% yoy to 16.2% in 2Q2019

By Helgi Library - October 19, 2019

Capital One Financial Corp's capital adequacy ratio reached 16.2% at the end of second quarter of 2019, up from 15.8% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 17.0% in 2Q2010 and an all time low of 14.0% ...

Capital One Financial Corp's corporate loans rose 6.48% yoy to USD 71,992 mil in 2Q2019

By Helgi Library - October 19, 2019

Capital One Financial Corp's loans reached USD 246,289 mil in the second quarter of 2019, up from USD 241,178 mil when compared to the previous quarter and up from USD 237,604 mil when compared to the same period of last year. Historically, the bankâ€...

Capital One Financial Corp's share price (end of period) rose 0.208% yoy to USD 90.2 in 2Q2019

By Helgi Library - October 19, 2019

Capital One Financial Corp stock traded at USD 90.2 per share at the end of second quarter of 2019 implying a market capitalization of USD 42,678 mil. Over the last five years, the stock has appreciated by 10.3 % implying an annual average growth of 1.99 %. In absolut...

Capital One Financial Corp's share price (end of period) rose 0.208% yoy to USD 90.2 in 2Q2019

By Helgi Library - October 19, 2019

Capital One Financial Corp stock traded at USD 90.2 per share at the end of second quarter of 2019 implying a market capitalization of USD 42,678 mil. Over the last five years, the stock has appreciated by 10.3 % implying an annual average growth of 1.99 %. In absolut...

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Capital One Financial Corp has been growing its revenues and asset by 7.29% and 8.42% a year on average in the last 10 years. Its loans and deposits have grown by 9.53% and 8.68% a year during that time and loans to deposits ratio reached 96.0% at the end of 2018. The company achieved an average return on equity of 8.78% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 55.8% in 2018, compared to 54.0% average in the last decade.

Equity represented 13.9% of total assets or 21.5% of loans at the end of 2018. Capital One Financial Corp's non-performing loans were 0.353% of total loans while provisions covered some 828% of NPLs at the end of 2018.

Valuation

Capital One Financial Corp stock traded at USD 73.2 per share at the end of 2018 resulting in a market capitalization of USD 35,355 mil. Over the previous five years, stock price fell by 1.98% or 0.4% a year on average. That’s compared to an average ROE of 8.60% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 5.88x and price to book value (PBV) of 0.684x in 2018.

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