# CAPITAL ONE FINANCIAL CORP (COF)

Informational only - not investment advice.

CIK: 0000927628
SIC: 6021 National Commercial Banks
SIC breadcrumb: [Finance, Insurance, And Real Estate](/division/H/) > [Depository Institutions](/major-group/60/) > [SIC 6021 National Commercial Banks](/industry/6021/)
Latest 10-K filed: 2026-02-19
SEC page: https://www.sec.gov/edgar/browse/?CIK=927628
Filing source: https://www.sec.gov/Archives/edgar/data/927628/000092762826000024/cof-20251231.htm

## At a glance

FY2025 · period end 2025-12-31 · filed 2026-02-19 · accession 0000927628-26-000024 · source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000927628.json

| Metric | Value | FY | Provenance |
| --- | ---: | ---: | --- |
| Revenue | 53,434,000,000 USD | 2025 | verified |
| Net income | 2,453,000,000 USD | 2025 | verified |
| Assets | 669,009,000,000 USD | 2025 | verified |
| Free cash flow | 26,140,000,000 USD | 2025 | computed |
| Net margin | 4.59% | 2025 | computed |
| Revenue YoY | +36.62% | 2025 | computed |
| ROE | 2.16% | 2025 | computed |

Computed values are grepcent-computed from the verified facts above and may differ from ratios the company itself reports. Free cash flow = operating cash flow − capital expenditures. Net margin = net income ÷ revenue. Revenue YoY = FY2025 revenue ÷ FY2024 revenue − 1 (consecutive fiscal years only). ROE = net income ÷ period-end stockholders' equity.

No market price, no rating, no forecast on this site. Not investment advice.

### Peer percentile fingerprint

| Ratio | COF | Peer median | Percentile | N |
| --- | ---: | ---: | ---: | ---: |
| Net margin | 4.6% | 22.9% | 3 | 76 |
| Revenue growth | 36.6% | 5.2% | 96 | 76 |
| FCF margin | 48.9% | 22.0% | 95 | 65 |
| ROE | 2.2% | 9.9% | 3 | 76 |
| ROA | 0.4% | 1.1% | 5 | 76 |
| Liabilities / equity | 4.89 | 8.12 | 0 | 76 |

Percentile = share of the N covered peers reporting that ratio whose value is lower (ties counted half); computed among grepcent-covered companies in SIC industry 6021 National Commercial Banks, not the whole market. A higher percentile means a higher value of the ratio, not a better company. Ratios with fewer than 8 reporting peers are omitted. Latest reported values per company; fiscal periods may differ. Descriptive arithmetic - not a score, rating, or ranking.

## Selected Fundamentals
| Metric | Value | Unit | FY | Filed |
| --- | ---: | --- | ---: | --- |
| Revenue | 53434000000 | USD | 2025 | 2026-02-19 |
| Net income | 2453000000 | USD | 2025 | 2026-02-19 |
| Assets | 669009000000 | USD | 2025 | 2026-02-19 |

## Financials

Annual standardized facts from SEC companyfacts as of latest extracted filing date 2026-02-19. Source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000927628.json. Derived margins, ratios, and free cash flow are computed from the extracted annual SEC facts.

| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | 25,501,000,000 | 27,237,000,000 | 28,076,000,000 | 28,593,000,000 | 28,523,000,000 | 30,435,000,000 | 34,250,000,000 | 36,787,000,000 | 39,112,000,000 | 53,434,000,000 |
| Net income | 3,751,000,000 | 1,982,000,000 | 6,015,000,000 | 5,546,000,000 | 2,714,000,000 | 12,390,000,000 | 7,360,000,000 | 4,887,000,000 | 4,750,000,000 | 2,453,000,000 |
| Diluted EPS | 6.89 | 3.49 | 11.82 | 11.05 | 5.18 | 26.94 | 17.91 | 11.95 | 11.59 | 4.03 |
| Operating cash flow | 11,856,000,000 | 14,182,000,000 | 12,978,000,000 | 16,639,000,000 | 16,699,000,000 | 12,310,000,000 | 13,809,000,000 | 20,575,000,000 | 18,159,000,000 | 27,718,000,000 |
| Capital expenditures | 779,000,000 | 1,018,000,000 | 874,000,000 | 887,000,000 | 710,000,000 | 698,000,000 | 934,000,000 | 961,000,000 | 1,204,000,000 | 1,578,000,000 |
| Dividends paid | 812,000,000 | 780,000,000 | 773,000,000 | 753,000,000 | 460,000,000 | 1,148,000,000 | 950,000,000 | 931,000,000 | 932,000,000 | 1,516,000,000 |
| Share buybacks | 3,661,000,000 | 240,000,000 | 2,284,000,000 | 1,481,000,000 | 393,000,000 | 7,605,000,000 | 4,948,000,000 | 718,000,000 | 734,000,000 | 4,099,000,000 |
| Assets | 357,033,000,000 | 365,693,000,000 | 372,538,000,000 | 390,365,000,000 | 421,602,000,000 | 432,381,000,000 | 455,249,000,000 | 478,464,000,000 | 490,144,000,000 | 669,009,000,000 |
| Liabilities | 309,519,000,000 | 316,963,000,000 | 320,870,000,000 | 332,354,000,000 | 361,398,000,000 | 371,352,000,000 | 402,667,000,000 | 420,375,000,000 | 429,360,000,000 | 555,393,000,000 |
| Stockholders' equity | 47,514,000,000 | 48,730,000,000 | 51,668,000,000 | 58,011,000,000 | 60,204,000,000 | 61,029,000,000 | 52,582,000,000 | 58,089,000,000 | 60,784,000,000 | 113,616,000,000 |
| Free cash flow | 11,077,000,000 | 13,164,000,000 | 12,104,000,000 | 15,752,000,000 | 15,989,000,000 | 11,612,000,000 | 12,875,000,000 | 19,614,000,000 | 16,955,000,000 | 26,140,000,000 |

### Ratios

ROE and ROA use period-end equity/assets. Liabilities / equity uses total liabilities divided by stockholders' equity. Current ratio uses current assets divided by current liabilities when both are reported.

| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Net margin | 14.71% | 7.28% | 21.42% | 19.40% | 9.52% | 40.71% | 21.49% | 13.28% | 12.14% | 4.59% |
| Return on equity | 7.89% | 4.07% | 11.64% | 9.56% | 4.51% | 20.30% | 14.00% | 8.41% | 7.81% | 2.16% |
| Return on assets | 1.05% | 0.54% | 1.61% | 1.42% | 0.64% | 2.87% | 1.62% | 1.02% | 0.97% | 0.37% |
| Liabilities / equity | 6.51 | 6.50 | 6.21 | 5.73 | 6.00 | 6.08 | 7.66 | 7.24 | 7.06 | 4.89 |

## As-reported value updates

No tracked differences above grepcent's stated thresholds and capped precision rule were found between the earliest XBRL-filed value and the value currently on file for the standardized annual metrics grepcent tracks.


## Quarterly

Quarterly standardized facts from SEC companyfacts as of latest extracted filing date 2026-05-07. Source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000927628.json.

Flow metrics use discrete quarter-length periods from 10-Q/10-Q/A filings. Q4 revenue and net income are derived only when annual FY and nine-month YTD facts exist for the same fiscal year; derived Q4 values are labeled. EPS Q4 is not derived.

| Quarter | End date | Revenue | Net income | Diluted EPS | Method |
| --- | --- | ---: | ---: | ---: | --- |
| 2022-Q2 | 2022-06-30 |  |  | 4.96 | reported discrete quarter |
| 2022-Q3 | 2022-09-30 |  |  | 4.20 | reported discrete quarter |
| 2023-Q1 | 2023-03-31 |  |  | 2.31 | reported discrete quarter |
| 2023-Q2 | 2023-06-30 | 9,012,000,000 | 1,431,000,000 | 3.52 | reported discrete quarter |
| 2023-Q3 | 2023-09-30 | 9,366,000,000 | 1,790,000,000 | 4.45 | reported discrete quarter |
| 2023-Q4 | 2023-12-31 | 9,506,000,000 | 706,000,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2024-Q1 | 2024-03-31 | 9,402,000,000 | 1,280,000,000 | 3.13 | reported discrete quarter |
| 2024-Q2 | 2024-06-30 | 9,506,000,000 | 597,000,000 | 1.38 | reported discrete quarter |
| 2024-Q3 | 2024-09-30 | 10,014,000,000 | 1,777,000,000 | 4.41 | reported discrete quarter |
| 2024-Q4 | 2024-12-31 | 10,190,000,000 | 1,096,000,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2025-Q1 | 2025-03-31 | 10,000,000,000 | 1,404,000,000 | 3.45 | reported discrete quarter |
| 2025-Q2 | 2025-06-30 | 12,492,000,000 | -4,277,000,000 | -8.58 | reported discrete quarter |
| 2025-Q3 | 2025-09-30 | 15,359,000,000 | 3,192,000,000 | 4.83 | reported discrete quarter |
| 2025-Q4 | 2025-12-31 | 15,583,000,000 | 2,134,000,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2026-Q1 | 2026-03-31 | 15,231,000,000 | 2,174,000,000 | 3.34 | reported discrete quarter |

## Filed narrative (10-K & 10-Q)

## Business

Verbatim Item 1 Business section from COF's latest 10-K: [/company/COF/business/](/company/COF/business/).

## Risk Factors

Verbatim Item 1A Risk Factors from COF's latest 10-K: [/company/COF/risk-factors/](/company/COF/risk-factors/).

## Latest quarter (10-Q)

Latest 10-Q source: https://www.sec.gov/Archives/edgar/data/927628/000092762826000089/cof-20260630.htm

Extracted structurally from real Item 2 body heading to real Item 3/4 boundary. Published MD&A gate trimmed front/tail over-capture.
Confidence: high
Filing date: 2026-07-28
Report date: 2026-06-30

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”)

This discussion contains forward-looking statements that are based upon management’s current expectations and are subject to significant uncertainties and changes in circumstances. Please review “Forward-Looking Statements” for more information on the forward-looking statements in this Quarterly Report on Form 10-Q (“this Report”). All statements that address operating performance, events or developments that we expect or anticipate will occur in the future are forward-looking statements. Our actual results may differ materially from those included in these forward-looking statements due to a variety of factors including, but not limited to, those described in “Part I—Item 1A. Risk Factors” in our 2025 Annual Report on Form 10-K (“2025 Form 10-K”) and “Part II—Item 1A. Risk Factors” in this Report. Unless otherwise specified, references to notes to our consolidated financial statements refer to the notes to our consolidated financial statements as of June 30, 2026 included in this Report.

Management monitors a variety of key indicators to evaluate our business results and financial condition. The following MD&A is provided as a supplement to, and should be read in conjunction with, our consolidated financial statements and related notes in this Report and the more detailed information contained in our 2025 Form 10-K.

INTRODUCTION

Capital One Financial Corporation, a Delaware corporation established in 1994 and headquartered in McLean, Virginia, is a diversified financial services holding company with banking and non-banking subsidiaries. Capital One Financial Corporation and its subsidiaries (the “Company” or “Capital One”) operate as a global payments provider and diversified financial institution, delivering a broad array of financial products and services to consumers, small businesses and commercial clients through digital channels, branch locations, cafés and other distribution channels.

Capital One Financial Corporation’s principal operating subsidiary was Capital One, National Association (“CONA”). On May 18, 2025 (the “Closing Date”), Discover Financial Services (“Discover”) merged into Capital One and Discover Bank merged into CONA. See “Part II—Item 8. Financial Statements and Supplementary Data—Note 2—Business Combinations and Discontinued Operations” in our 2025 Form 10-K for additional information. The Company is hereafter collectively referred to as “we,” “us” or “our.” CONA is referred to as the “Bank.”

We offer credit cards, debit cards, bank lending, treasury management and depository services, auto loans, and other consumer lending products in markets across the United States (“U.S.”). We service banking customer accounts through digital channels and our network of branch locations, cafés, call centers and automated teller machines (“ATMs”). Additionally, through the acquisition of Discover, we acquired new products, including personal loans as well as the Discover Network, the PULSE Network and Diners Club (collectively, the “Global Payment Network”).

We also offer credit card products and certain other services outside of the U.S. principally through Capital One (Europe) plc (“COEP”), an indirect subsidiary of CONA organized and located in the United Kingdom (“U.K.”), and through a branch of CONA in Canada. Both COEP and our Canadian branch of CONA have the authority to provide credit card loans. In addition, we offer Global Payment Network services globally.

Our consolidated total net revenues are derived primarily from lending to consumer and commercial customers net of funding costs associated with our deposits, long-term debt and other borrowings. We also earn non-interest income which primarily consists of discount and interchange income, net of reward expenses, and service charges and other customer-related fees. Our expenses primarily consist of the provision for credit losses, operating expenses, marketing expenses and income taxes.

Our principal operations are organized for management reporting purposes into three major business segments, which are defined primarily based on the products and services provided or the types of customers served: Credit Card, Consumer Banking and Commercial Banking. The operations of acquired businesses have been integrated into or managed as a part of our existing business segments. Certain activities that are not part of a business segment are included in the Other category, such as the management of our corporate investment portfolio and asset/liability positions performed by our centralized Corporate Treasury group and any residual tax expense or benefit beyond what is assessed to our business segments in order to arrive at the consolidated effective tax rate. The Other category also includes unallocated corporate expenses that do not directly support

[[GREPCENT_TABLE]]
[["","4","Capital One Financial Corporation (COF)"]]
[[/GREPCENT_TABLE]]

Table of Contents

the operations of the business segments or for which the business segments are not considered financially accountable in evaluating their performance, such as certain restructuring charges and Discover integration expenses.

•Credit Card: Consists of our domestic consumer card lending, personal loans, domestic small business card lending, corporate card lending and international card businesses in the U.K. and Canada.

•Consumer Banking: Consists of our deposit gathering and lending activities for consumers and small businesses, national auto lending and services offered by the Global Payment Network.

•Commercial Banking: Consists of our lending, deposit gathering, capital markets and treasury management services to commercial real estate and commercial and industrial customers. Our customers typically include companies with annual revenues between $20 million and $2 billion.

Business Developments

We regularly explore and evaluate opportunities to acquire financial products and services as well as financial assets, including credit card and other loan portfolios, and enter into strategic partnerships as part of our growth strategy. We also explore opportunities to acquire technology companies and related assets to improve our information technology infrastructure and to deliver on our digital strategy. We may issue equity or debt to fund our acquisitions. In addition, we regularly consider the potential disposition of certain of our assets, branches, partnership agreements or lines of business.

Discover Acquisition

On February 19, 2024, the Company entered into an agreement and plan of merger (the “Merger Agreement”), by and among Capital One, Discover, a Delaware corporation and Vega Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of the Company (“Merger Sub”). On May 18, 2025, the Company closed the acquisition of Discover, pursuant to which (i) Merger Sub merged with and into Discover, with Discover as the surviving entity in the merger (the “Merger”); (ii) immediately following the Merger, Discover, as the surviving entity, merged with and into Capital One, with Capital One as the surviving entity in the second-step merger (the “Second Step Merger”); and (iii) immediately following the Second Step Merger, Discover Bank, a Delaware-chartered and wholly owned subsidiary of Discover, merged with and into CONA, with CONA as the surviving entity in the merger (the “CONA Bank Merger,” and collectively with the Merger and Second Step Merger, the “Transaction” or “Discover acquisition”).

For additional information on the Transaction, see “Part II—Item 8. Financial Statements and Supplementary Data—Note 2—Business Combinations and Discontinued Operations” in our 2025 Form 10-K.

Brex Acquisition

On April 7, 2026, the Company completed its previously announced acquisition of Brex Inc., a Delaware corporation (“Brex” and such acquisition, the “Brex acquisition”), pursuant to the terms of an Agreement and Plan of Merger and Reorganization, dated as of January 22, 2026 with Brex and certain other parties thereto. Brex offers businesses solutions to issue corporate cards, automate expense management and make secure, real-time payments. The Brex acquisition enhances the Company’s offerings in the business payments marketplace. The total consideration paid to Brex shareholders for the acquisition was approximately $4.5 billion and included $2.6 billion of cash consideration and 10.6 million shares of common stock, par value $0.01 per share, of the Company with a fair value of $1.9 billion. The consideration is also subject to customary post-closing adjustments. Immediately following the completion of the Brex acquisition, the Company paid off Brex’s outstanding debt of $1.1 billion.

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[["","5","Capital One Financial Corporation (COF)"]]
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Table of Contents

SELECTED FINANCIAL DATA

The following table presents selected consolidated financial data and performance from our results of operations for the second quarter and first six months of 2026 and 2025 and selected comparative balance sheet data as of June 30, 2026 and December 31, 2025. We also provide selected key metrics we use in evaluating our performance, including certain metrics that are computed using non-GAAP measures. We consider these metrics to be key financial measures that management uses in assessing our operating performance, capital adequacy and the level of returns generated. We believe these non-GAAP metrics provide useful insight to investors and users of our financial information as they provide an alternate measurement of our performance and assist in assessing our capital adequacy and the level of return generated. These non-GAAP measures should not be viewed as a substitute for reported results determined in accordance with generally accepted accounting principles in the U.S. (“U.S. GAAP”), nor are they necessarily comparable to non-GAAP measures that may be presented by other companies.

Table 1: Consolidated Financial Highlights

[Excerpt truncated for page length; source filing is linked above.]

## Latest 10-K MD&A (excerpt)

Latest 10-K Item 7 source: https://www.sec.gov/Archives/edgar/data/927628/000092762826000024/cof-20251231.htm
Complete FY 2025 MD&A: /company/COF/mda/fy2025/

Extracted structurally from real Item 7 body heading to real Item 7A/8 boundary.
Confidence: high
Filing date: 2026-02-19
Report date: 2025-12-31

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”)

This discussion contains forward-looking statements that are based upon management’s current expectations and are subject to significant uncertainties and changes in circumstances. Please review “Part I—Item 1. Business—Forward-Looking Statements” for more information on the forward-looking statements in this Report. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future are forward-looking statements. Our actual results may differ materially from those included in these forward-looking statements due to a variety of factors including, but not limited to, those described in “Part I—Item 1A. Risk Factors” in this Report. Unless otherwise specified, references to notes to our consolidated financial statements refer to the notes to our consolidated financial statements as of December 31, 2025 included in this Report.

Management monitors a variety of key indicators to evaluate our business results and financial condition. The following MD&A is intended to provide the reader with an understanding of our results of operations and financial condition, including capital and liquidity management, by focusing on changes from year to year in certain key measures used by management to evaluate performance, such as profitability, growth and credit quality metrics. MD&A is provided as a supplement to, and should be read in conjunction with, our audited consolidated financial statements as of and for the year ended December 31, 2025 and accompanying notes. MD&A is organized in the following sections:

[[GREPCENT_TABLE]]
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[[/GREPCENT_TABLE]]

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[["","59","Capital One Financial Corporation (COF)"]]
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Table of Contents

SELECTED FINANCIAL DATA

The following table presents selected consolidated financial data and performance metrics for the three-year period ended December 31, 2025, 2024 and 2023. We also provide selected key metrics we use in evaluating our performance, including certain metrics that are computed using non-GAAP measures. We consider these metrics to be key financial measures that management uses in assessing our operating performance, capital adequacy and the level of returns generated. We believe these non-GAAP metrics provide useful insight to investors and users of our financial information as they provide an alternate measurement of our performance and assist in assessing our capital adequacy and the level of return generated. These non-GAAP measures should not be viewed as a substitute for reported results determined in accordance with U.S. GAAP, nor are they necessarily comparable to non-GAAP measures that may be presented by other companies.

Three-Year Summary of Selected Financial Data

[[GREPCENT_TABLE]]
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[[/GREPCENT_TABLE]]

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[["","60","Capital One Financial Corporation (COF)"]]
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Table of Contents

[[GREPCENT_TABLE]]
[["(Dollars in millions, except per share data and as noted)","","","","","","","","2025","","2024","","2023","","","","","","2025 vs. 2024","","2024 vs. 2023"],["Balance sheet (average balances)"],["Loans held for investment","","","","","","","","$","396,725","","$","317,421","","$","311,541","","","","","","25%","","2%"],["Interest-earning assets","","","","","","","","546,685","","453,481","","441,238","","","","","","21","","3"],["Total assets","","","","","","","","597,536","","480,451","","467,807","","","","","","24","","3"],["Interest-bearing deposits","","","","","","","","402,209","","324,297","","313,737","","","","","","24","","3"],["Total deposits","","","","","","","","429,620","","351,168","","343,554","","","","","","22","","2"],["Borrowings","","","","","","","","48,034","","48,465","","49,332","","","","","","(1)","","(2)"],["Common equity","","","","","","","","89,286","","54,953","","50,349","","","","","","62","","9"],["Total stockholders\u2019 equity","","","","","","","","94,542","","59,799","","55,195","","","","","","58","","8"],["Selected performance metrics"],["Purchase volume","","","","","","","","$","828,467","","$","654,436","","$","620,290","","","","","","27%","","6%"],["Global Payment Network volume(3)","","","","","","","","401,775","","N/A","","N/A","","","","","","**","","**"],["Total net revenue margin(4)","","","","","","","","9.77%","","8.62%","","8.34","%","","","","","","115bps","","28bps"],["Net interest margin","","","","","","","","7.84","","","6.88","","","6.63","","","","","","","96","","","25"],["Return on average assets(5)","","","","","","","","0.35","","","0.99","","","1.04","","","","","","","(64)","","","(5)"],["Return on average tangible assets(6)","","","","","","","","0.37","","","1.02","","","1.08","","","","","","","(65)","","","(6)"],["Return on average common equity(7)","","","","","","","","2.03","","","8.08","","","9.10","","","","","","","(605)","","","(102)"],["Return on average tangible common equity(8)","","","","","","","","3.16","","","11.18","","","13.04","","","","","","","(802)","","","(186)"],["Equity-to-assets ratio(9)","","","","","","","","15.82","","","12.45","","","11.80","","","","","","","337","","","65"],["Efficiency ratio(10)","","","","","","","","57.08","","","54.93","","","55.23","","","","","","","215","","","(30)"],["Operating efficiency ratio(11)","","","","","","","","46.06","","","43.27","","","44.33","","","","","","","279","","","(106)"],["Effective income tax rate from continuing operations","","","","","","","","8.5","","","19.7","","","19.2","","","","","","","(1,120)","","50"],["Net charge-offs","","","","","","","","$","13,102","","$","10,748","","$","8,414","","","","","","22%","","28%"],["Net charge-off rate","","","","","","","","3.30","%","","3.39","%","","2.70","%","","","","","","(9)","bps","","69","bps"]]
[[/GREPCENT_TABLE]]

[Excerpt truncated for page length; the complete text is on the linked full-MD&A page.]

Read the full FY 2025 MD&A: /company/COF/mda/fy2025/
All MD&A years: /company/COF/mda/


## MD&A history

Prior-year 10-K MD&A spans are extracted from SEC filings with the same bounded parser used for the latest filing. Each year's full verbatim text is on its own sub-page.

- [FY 2024 MD&A](/company/COF/mda/fy2024/): filed 2025-02-20; accession 0000927628-25-000092 (https://www.sec.gov/Archives/edgar/data/927628/000092762825000092/cof-20241231.htm)
- [FY 2023 MD&A](/company/COF/mda/fy2023/): filed 2024-02-23; accession 0000927628-24-000094 (https://www.sec.gov/Archives/edgar/data/927628/000092762824000094/cof-20231231.htm)
- [FY 2022 MD&A](/company/COF/mda/fy2022/): filed 2023-02-24; accession 0000927628-23-000117 (https://www.sec.gov/Archives/edgar/data/927628/000092762823000117/cof-20221231.htm)
- [FY 2021 MD&A](/company/COF/mda/fy2021/): filed 2022-02-25; accession 0000927628-22-000106 (https://www.sec.gov/Archives/edgar/data/927628/000092762822000106/cof-20211231.htm)




## Macro cross-references

Indicators mapped to this company's SIC classification (industry 6021 National Commercial Banks) by grepcent's deterministic macro-sector crosswalk. A navigational mapping, not a statistical or causal claim.

- [FEDFUNDS](/indicator/FEDFUNDS/): Federal Funds Effective Rate
- [DFEDTARU](/indicator/DFEDTARU/): Federal Funds Target Range - Upper Limit
- [DGS2](/indicator/DGS2/): Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity
- [DGS10](/indicator/DGS10/): Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity
- [T10Y2Y](/indicator/T10Y2Y/): 10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity

Macro-to-micro threads including this sector: [Interest rates & the Fed](/thread/interest-rates-fed/), [Money & trade](/thread/money-trade/), [Consumer & credit](/thread/consumer-credit/), [Government finances](/thread/government-finances/), [Sector employment](/thread/sector-employment/).

All macro indicators: /indicators/


## For LLMs & downloads

Markdown twin: /company/COF.md · JSON record: /company/COF.json · verified financials: /company/COF/financials.json / /company/COF/financials.csv · machine TOC for the whole site: /llms.txt