Capital One Financial Corp

Company facts

Industry

National Commercial Banks

Headquarters

Mclean, Virginia

Most recent report

8-K, filed Sep 15, 2026

Incorporated

Delaware

Filings on record

1,000+ filings

On EDGAR

CIK 927628

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 1 of 12 sections worth reading, with 1 positive, 3 notable, and 3 negative flags.

• Management's Discussion (Item 2)

  Huge earnings swing, Brex acquisition, heavy buyback, declining capital, litigation details.
  Positive

  • Net income of $3.0B in Q2 2026 versus a loss of $4.3B in Q2 2025.
  Notable

  • Brex acquisition closed on April 7, 2026 for $4.5B total consideration ($2.6B cash + $1.9B stock).
  • Repurchased $2.7B in Q2 2026 and $5.2B year-to-date; common dividend raised to $0.80/share from $0.60.
  • Effective Q2 2026, Domestic Card results include Brex and legacy corporate card product.
  Negative

  • Discover integration expenses reached $2.1B cumulative; $713M in H1 2026 vs $409M in H1 2025.
  • Commercial Banking net charge-off rate doubled to 0.53% in Q2 2026 from 0.33% in Q2 2025.
  • FDIC dispute over special assessment: $150M reasonably possible additional fees.

What changed: Jun 2026 vs. Mar 2026

About 6% of COF's Jun 2026 10-Q is new information. 63 paragraphs were added, 364 changed, and 61 removed. Below are the most important lines SECSift identified.

• Item 2 305
• Item 5 4
• Item 6 4
• Item 4 2