The company said net charge-offs for U.S. credit card loans were $720 million for the month ended October 31, 2024, with a net charge-off rate of 5.82%. Average loans held for investment were $148,343 million.

1. 01

   The company said net charge-offs for U.S. credit card loans were $720 million for the month ended October 31, 2024, with a net charge-off rate of 5.82%. Average loans held for investment were $148,343 million.

2. 02

   Capital One said the termination of its Walmart program agreement, effective May 21, 2024, increased the domestic card net charge-off rate by 39 basis points in October 2024. It said that excluding this impact, the net charge-off rate would have been 5.43%.

3. 03

   The company said the U.S. credit card 30+ day performing delinquencies (30+ day performing delinquencies) were $6,942 million as of the end of October 2024, with a delinquency rate of 4.61%. Period-end loans held for investment were $150,607 million.

4. 04

   Capital One said net charge-offs for its auto loans in Consumer Banking were $148 million in October 2024, with a net charge-off rate of 2.34%. It said 30+ day performing delinquencies were $4,396 million, with a delinquency rate of 5.80%.

Analysis 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.

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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