The company reported that for the month ended November 30, 2024, Domestic Card net charge-offs were $755 million, with a net charge-off rate of 6.08%. Average loans were $149,000 million, and period-end loans were $152,102 million.

1. 01

   The company reported that for the month ended November 30, 2024, Domestic Card net charge-offs were $755 million, with a net charge-off rate of 6.08%. Average loans were $149,000 million, and period-end loans were $152,102 million.

2. 02

   Capital One said the termination of its Walmart program agreement, effective May 21, 2024, raised the Domestic Card net charge-off rate by 40 basis points in November 2024. Excluding this impact, the company said the rate would have been 5.68%.

3. 03

   Capital One reported that Domestic Card loans 30+ days performing delinquent (30+ day performing delinquencies) were $6,949 million as of the end of November 2024, with a delinquency rate of 4.57%. It said the delinquency rate is calculated on period-end loans held for investment.

4. 04

   The company reported that Auto loans in Consumer Banking had net charge-offs of $132 million for the month of November 2024, with a net charge-off rate of 2.10%. It said the same segment's 30+ day performing delinquency rate was 5.56%, and nonperforming loans were $665 million, or 0.88% of loans.

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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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