Capital One Financial Corporation has released its monthly charge-off and delinquency metrics as of and for the month ended May 31, 2025.
For Credit Card loans held for investment, the period-end amount increased from $149,597 million to $152,356 million. Net charge-offs also increased from $694 million to $5,864 million, with the net charge-off rate rising from 5.57% to 3.85%. The 30+ day performing delinquency rate remained unchanged at 3.85%, while nonperforming loans were not applicable.
In the Consumer Banking Auto category, loans held for investment increased from $78,860 million to $79,279 million. Net charge-offs increased from $68 million to $3,723 million, resulting in a rise in the net charge-off rate from 1.04% to 4.70%. The 30+ day performing delinquency rate increased from 0.76% to 0.94%, while nonperforming loans increased from $605 million to $694 million.
It's worth noting that the metrics presented above include legacy Capital One metrics and exclude Discover operations, as the acquisition of Discover Financial Services was completed on May 18, 2025.
These metrics provide a snapshot of the changes in key financial indicators for Capital One Financial Corporation's Credit Card and Consumer Banking Auto loans compared to the previous period. Following these announcements, the company's shares moved -2.45%, and are now trading at a price of $192.83. If you want to know more, read the company's complete 8-K report here.
