Capital One

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. 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.

Capital One Financial Corporation
Company typePublic
Traded as
  • NYSE: COF
  • S&P 100 component
  • S&P 500 component
IndustryFinancial services
FoundedJuly 21, 1994 (July 21, 1994) in Richmond, Virginia
Founders
  • Richard Fairbank
  • Nigel Morris
HeadquartersCapital One Tower,
McLean, Virginia
,
United States
Areas served
United States, Canada, United Kingdom
Key people
Revenue US$38.37 billion (2022)
US$1.54 billion (2022)
Net income
US$1.16 billion (2022)
Total assets US$444.23 billion (2022)
Total equity US$50.86 billion (2022)
Number of employees
50,800 (2021)
Capital ratio6.59% (2022)
Websitecapitalone.com
Footnotes / references

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

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.

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