Capital One said net charge-offs for its domestic credit card portfolio for the month ended March 31, 2024 were $726 million, with a net charge-off rate of 6.15%. Average loans held for investment were $141,663 million.

1. 01

   Capital One said net charge-offs for its domestic credit card portfolio for the month ended March 31, 2024 were $726 million, with a net charge-off rate of 6.15%. Average loans held for investment were $141,663 million.

2. 02

   The company said domestic credit card 30+ day performing delinquencies were $6,445 million as of March 31, 2024, with a delinquency rate of 4.48%. Period-end loans held for investment were $143,861 million.

3. 03

   Capital One said net charge-offs for its auto loans in Consumer Banking for the month ended March 31, 2024 were $102 million, with a net charge-off rate of 1.66%. Average loans held for investment were $73,678 million.

4. 04

   The company said auto loans 30+ day delinquencies were $3,898 million as of March 31, 2024 (delinquency rate of 5.28%), and nonperforming loans were $585 million (nonperforming loan rate of 0.79%). Period-end loans were $73,801 million.

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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

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