financetom
Business
financetom
/
Business
/
Capital One Financial's Credit Card Delinquency Rises in August
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Capital One Financial's Credit Card Delinquency Rises in August
Sep 15, 2025 6:21 PM

01:13 PM EDT, 09/15/2025 (MT Newswires) -- Capital One Financial's ( COF ) 30-day-plus credit card delinquency rate was 3.73% on Aug. 31, up from 3.67% a month earlier, according to a Monday regulatory filing.

The company reported average domestic credit card loans of $252.48 billion, up from $251.21 billion, and consumer auto loans of $81.15 billion, up from $80.36 billion a month earlier, with nonperforming auto loans at $587 million, or 0.72% of the portfolio.

The net charge-off rate was 4.70% on Aug. 31, down from 4.83% a month earlier, the filing added.

Shares of Capital One Financial ( COF ) were up 1.6% in recent trading.

Price: 227.27, Change: +3.51, Percent Change: +1.57

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Pfizer's Fiscal Q1 Adjusted Earnings Rise, Revenue Falls; Maintains 2025 Guidance
Pfizer's Fiscal Q1 Adjusted Earnings Rise, Revenue Falls; Maintains 2025 Guidance
May 25, 2025
06:59 AM EDT, 04/29/2025 (MT Newswires) -- Pfizer ( PFE ) reported fiscal Q1 adjusted earnings Tuesday of $0.92 per diluted share, up from $0.82 a year earlier. Analysts polled by FactSet expected $0.67. Revenue for the quarter ended March 30 was $13.72 billion, compared with $14.88 billion a year earlier. Analysts surveyed by FactSet expected $13.92 billion. The company...
Coca-Cola posts better-than-expected revenue on price hikes, steady demand
Coca-Cola posts better-than-expected revenue on price hikes, steady demand
May 25, 2025
(Reuters) -Coca-Cola reported a smaller-than-expected drop in first-quarter revenue on Tuesday, benefiting from price hikes and strong demand for its sodas, juices and milk offering Fairlife. Shares of the Sprite and Fanta maker rose 1% in premarket trading. Coca-Cola's price hikes in highly inflationary markets such as Argentina and Latin America, coupled with customers still choosing to spend on its...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Spotify Technology Q1 Earnings, Revenue Rise; Q2 Sales Outlook Set
Spotify Technology Q1 Earnings, Revenue Rise; Q2 Sales Outlook Set
May 25, 2025
06:59 AM EDT, 04/29/2025 (MT Newswires) -- Spotify Technology ( SPOT ) reported Q1 earnings Tuesday of 1.07 euros ($1.22) per diluted share, up from 0.97 euros a year earlier. Analysts polled by FactSet expected 2.19 euros. Revenue for the quarter ended March 31 was 4.19 billion euros, up from 3.64 billion euros a year earlier. Analysts surveyed by FactSet...
Copyright 2023-2026 - www.financetom.com All Rights Reserved