Capital One

Capital One Financial Corporation
Company typePublic
IndustryFinancial services
FoundedJuly 21, 1994 (July 21, 1994) in Richmond, Virginia
Founders
HeadquartersCapital One Tower, ,
United States
Areas served
United States, Canada, United Kingdom
Key people
RevenueIncrease US$38.37 billion (2022)[1]
Decrease US$1.54 billion (2022)
Decrease US$1.16 billion (2022)
Total assetsIncrease US$444.23 billion (2022)
Total equityDecrease US$50.86 billion (2022)
Number of employees
Decrease 50,800 (2021)
Capital ratio6.59% (2022)
Websitecapitalone.com
Footnotes / references
[2]

Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia with operations primarily in the United States.[2] It is the 12th largest bank in the United States by total assets as of 2022, the third largest issuer of Visa and Mastercard credit cards, and one of the largest car finance companies in the United States.[2]

The bank has approximately 750 branches, including 30 café style locations,[3] and 2,000 ATMs. It is ranked 106th on the Fortune 500,[3] 15th on Fortune's 100 Best Companies to Work For list,[4] and conducts business in the United States, Canada, and the United Kingdom.[2] The company helped pioneer the mass marketing of credit cards in the 1990s.[5]

The company's three divisions are credit cards, consumer banking and commercial banking. As of December 31, 2022, the company had loans receivable of $114 billion from credit cards, $75 billion from auto loans, and $85 billion from commercial loans.[2]

  1. ^ "Capital One Financial Net Income 2010-2022". www.macrotrends.net. Retrieved January 28, 2023.
  2. ^ a b c d e "Capital One Financial Corporation 2022 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  3. ^ a b "Fortune 500: Capital One". Fortune.
  4. ^ "Capital One: #15th on 100 Best Companies to Work For in 2023". Fortune.
  5. ^ MYERBERG, PAUL (January 1, 2010). "Capital One Bowl: No. 13 Penn State (10-2) vs. No. 12 L.S.U. (9-3)". The New York Times.

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