Capital One

What sets Capital One apart

• At 1.67%, the return on assets (ROA) of Capital One sits in the top tenth of its size group (over $100 bn, 32 banks), where the median is 1.18%.
• Few banks of over $100 bn report a higher net interest margin than Capital One, at 8.47% in Q2 2026 against a group median of 3.14%.
• Capital One has one of the highest noncurrent loans to total loans readings among banks of over $100 bn: 1.49% at Q2 2026, against a median of 0.85% across 32 banks.

How large is Capital One?

The balance sheet of Capital One at Q2 2026: assets $662.2 bn, deposits $512.6 bn, net loans $434.5 bn (loans equal to 84.76% of deposits). Securities make up 14.4% of total assets at Capital One. Since Q1 2016, when Capital One held $271.2 bn, its assets grew 144.2%. In the year to Q2 2026, deposits at Capital One rose 3.0% while its total assets rose 2.0%. At Q2 2026, Capital One employed 90,255 full-time equivalent staff across 252 offices, about $7.3 mn of assets per employee and $2.0 bn of deposits per office.

How much funding at Capital One is uninsured?

At Capital One, uninsured deposits (above the FDIC limit) made up 20.82% of domestic deposits at Q2 2026 (+0.29 pp on a year earlier); Capital One ranks 405th of 500 on this measure. In dollars, Capital One estimated $106.7 bn of uninsured deposits.

Key facts, Q2 2026

US rank of Capital One: 1 = highest unless marked 1 = lowest.

The CET1 ratio of Capital One stood at 13.21% in Q2 2026, -0.38 pp year on year. Low and high at Capital One since Q1 2016: 10.56% (Q4 2016) to 14.04% (Q3 2019). Equity capital of Capital One at Q2 2026: $98.7 bn, or 14.9% of total assets. Capital One also reported a total capital ratio of 14.88% for Q2 2026, and a tier 1 leverage ratio of 10.58%.

On held-to-maturity securities, Capital One carried an unrealized loss of $24.0 mn at Q2 2026, equal to 0.0% of equity capital. The loss turned from a gain into a loss over the year. Its deepest point: $658.6 mn in Q3 2018. The available-for-sale portfolio of Capital One showed an unrealized loss of $6.9 bn at Q2 2026; the loss narrowed by $1.3 bn over the year.

For the year to Q2 2026, Capital One earned a return on equity of 11.35%; return on assets: 1.67%. Net interest margin at Capital One: 8.47%, +0.87 pp in a year. Capital One net income: $5.6 bn, down 312.9% year on year. The efficiency ratio of Capital One was 50.61%: about 51 cents cost per revenue dollar, against 55 cents at the median peer.

At Q2 2026, noncurrent loans were 1.49% of total loans at Capital One; net charge-offs: 3.30% of average loans. Gross loans and leases at Capital One: $457.4 bn, up 2.2% in a year.

The peer group of Capital One is the 6 banks nearest to it by total assets at Q2 2026: 3 larger and 3 smaller. Of the peers, 3 share the charter type of Capital One (national bank), 6 sit in the same size group (over $100 bn) and 0 have head offices in Virginia. Against them, Capital One shows CET1 ratio 13.21% against a peer median of 12.51%, return on equity 11.35% against a peer median of 13.16% and uninsured deposit share 20.82% against a peer median of 47.90%.

The FDIC history of Capital One, oldest first; figures before and after each event are not like for like.

1. 3 October 2022. Absorbed Capital One Bank (USA), National Association (FDIC certificate 33954).
2. 18 May 2025. Absorbed Discover Bank (FDIC certificate 5649).

Large one-quarter moves at Capital One

• Total assets at Capital One changed by +32.3% in the quarter to 2025-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Discover Bank.