Capital One Financial (COF)
Filed: 16 May 21, 8:00pm
Capital One Financial Corporation
Monthly Charge-Off and Delinquency Metrics
As of and for the month ended April 30, 2021
|Loans Held for Investment||Net Charge-Offs||30+ Day Performing Delinquencies||Nonperforming Loans|
|(Dollars in millions, except as noted)||Average||Period-End||Amount|
(1)Net charge-off rate is calculated by dividing annualized net charge-offs for the period by average loans held for investment during the period for the specified loan category. Net charge-offs and the net charge-off rate are impacted periodically by fluctuations in recoveries, including impacts of debt sales.
(2)30+ day performing delinquency rate is calculated by dividing 30+ day performing delinquent loans as of the end of the period by period-end loans held for investment for the specified loan category.
(3)Nonperforming loan rate is calculated by dividing nonperforming loans as of the end of the period by period-end loans held for investment for the specified loan category.
(4)Period-end loans held for investment and average loans held for investment include billed finance charges and fees. We recognize billed finance charges and fee income on open-ended loans in accordance with the contractual provisions of the credit arrangements and estimate the uncollectible amount on a quarterly basis. Billed finance charges and fees that are ultimately uncollectible are reflected as a reduction in revenue and not included in our net charge-offs.