0000927628-16-000248.txt : 20161215 0000927628-16-000248.hdr.sgml : 20161215 20161214201520 ACCESSION NUMBER: 0000927628-16-000248 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161215 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20161215 DATE AS OF CHANGE: 20161214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAPITAL ONE FINANCIAL CORP CENTRAL INDEX KEY: 0000927628 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 541719854 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13300 FILM NUMBER: 162052172 BUSINESS ADDRESS: STREET 1: 1680 CAPITAL ONE DRIVE STREET 2: SUITE 1400 CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 7037201000 MAIL ADDRESS: STREET 1: 1680 CAPITAL ONE DRIVE STREET 2: SUITE 1400 CITY: MCLEAN STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: OAKSTONE FINANCIAL CORP DATE OF NAME CHANGE: 19940728 8-K 1 november2016creditmetricsf.htm 8-K Document
                                        

 
 
 
 
 
 
 
 
 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 ___________________
 
FORM 8-K
 
___________________

 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
 
December 15, 2016
Date of Report (Date of earliest event reported)
 
___________________

CAPITAL ONE FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
 
___________________

Delaware
1-13300
54-1719854
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
1680 Capital One Drive,
McLean, Virginia
22102
(Address of principal executive offices)
(Zip Code)
 
Registrant’s telephone number, including area code: (703) 720-1000
 
 
(Former name or former address, if changed since last report)
(Not applicable)
 
___________________
 
  
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




 
 
 
 
 
 
 
 
 
 



                                        

Item 7.01
Regulation FD Disclosure.
 
Capital One Financial Corporation (the “Company”) hereby furnishes the information in Exhibit 99.1 hereto, Monthly Charge-Off and Delinquency Metrics - As of and for the month ended November 30, 2016.
 
Note: Information in this report (including the exhibit) furnished pursuant to Item 7.01 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. This report will not be deemed an admission as to the materiality of any information in the report that is required to be disclosed solely by Regulation FD. Furthermore, the information provided in Exhibit 99.1 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933.
 
Item 9.01
Financial Statements and Exhibits.
 
(d) Exhibits
 
Exhibit 
 
Description 
99.1
 
Monthly Charge-Off and Delinquency Metrics - As of and for the month ended November 30, 2016
 

1
                                        

SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
 
CAPITAL ONE FINANCIAL CORPORATION
 
 
 
 
Date:
December 15, 2016
By:
/s/
R. SCOTT BLACKLEY
 
 
 
 
R. Scott Blackley
 
 
 
 
Chief Financial Officer and Controller
 
 
 
 
 


 

2
                                        

EXHIBIT INDEX
 
Exhibit 
 
Description 
99.1
 
Monthly Charge-Off and Delinquency Metrics - As of and for the month ended November 30, 2016


3
 EX-99.1 2 november2016creditmetricse.htm EXHIBIT 99.1 Exhibit
                        


Exhibit 99.1
 
Capital One Financial Corporation
Monthly Charge-Off and Delinquency Metrics
As of and for the month ended November 30, 2016
 
 
Loans Held for Investment
 
Net Charge-Offs
 
30+ Day Performing Delinquencies
 
Nonperforming Loans
(Dollars in millions)
 
Average
 
Period-End
 
Amount
 
Rate(1)
 
Amount
 
Rate(2)
 
Amount
 
Rate(3)
Credit Card:(4)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Domestic
 
$
91,723

 
$
93,692

 
$
366

 
4.78
%
 
$
3,750

 
4.00
%
 
N/A

 
N/A

    International
 
7,997

 
8,233

 
26

 
3.95

 
267

 
3.25

 
$
44

 
0.53
%
Consumer Banking:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Auto
 
47,116

 
47,367

 
80

 
2.05

 
2,848

 
6.01

 
212

 
0.45

___________________
(1)
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)
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)
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 accrued finance charges and fees, net of the estimated uncollectible amount. 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. The estimated uncollectible amount of billed finance charges and fees is reflected as a reduction in revenue and is not included in our net charge-offs.