AI English summary of an SEC filing — figures as filed
Capital One said the net charge-offs for its domestic credit card loans were $686 million in the month ended January 31, 2024, with a net charge-off rate of 5.71%.
Key points
AI summaryCapital One said the net charge-offs for its domestic credit card loans were $686 million in the month ended January 31, 2024, with a net charge-off rate of 5.71%.
The company said its domestic credit card loans held for investment averaged $144,267 million and ended the period at $144,917 million, and that loans 30+ days performing delinquent totaled $6,926 million, a delinquency rate of 4.78%.
Capital One said its Consumer Banking auto loans averaged $73,944 million and ended the period at $73,805 million, with net charge-offs of $145 million and a net charge-off rate of 2.36%.
The company said auto loans 30+ days performing delinquent totaled $4,646 million, a delinquency rate of 6.29%. Nonperforming loans in the same segment were $709 million, or a rate of 0.96%.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Domestic Credit Card Net Charge-Off Rate
Capital One said the net charge-offs for its domestic credit card loans were $686 million in the month ended January 31, 2024, with a net charge-off rate of 5.71%.
Source · Based on the filing body and exhibits
Domestic Credit Card Loan Size and Delinquency Rate
The company said its domestic credit card loans held for investment averaged $144,267 million and ended the period at $144,917 million, and that loans 30+ days performing delinquent totaled $6,926 million, a delinquency rate of 4.78%.
Source · Based on the filing body and exhibits
Auto Loan Segment Metrics
Capital One said its Consumer Banking auto loans averaged $73,944 million and ended the period at $73,805 million, with net charge-offs of $145 million and a net charge-off rate of 2.36%.
Source · Based on the filing body and exhibits
Auto Loan Delinquencies and Nonperforming Loans
The company said auto loans 30+ days performing delinquent totaled $4,646 million, a delinquency rate of 6.29%. Nonperforming loans in the same segment were $709 million, or a rate of 0.96%.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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