Capital One (COF) Reports Improved Delinquency, Charge-Off Numbers for Sept.
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Capital One Financial (NYSE: COF) reports September domestic net principal charge-offs of $175 million, from $183 million in August.
The annualized net charge-off rate was 3.90 percent, and 30+ day delinquencies were $1.962 billion, versus 4.10 percent and $1.854 billion in August. Average loans held for investment increased 0.2 percent from $53.631 billion in August to $53.711 billion,
For international, net principal charge-offs were $41 million, versus $45 million last month.
The annualized net charge-off rate was 5.65 percent, and 30+ day delinquencies were $439 million, versus 6.21 percent and $466 million last month. Average loans held for investment was $8.655 billion, from $8.788 billion in August.
The annualized net charge-off rate was 3.90 percent, and 30+ day delinquencies were $1.962 billion, versus 4.10 percent and $1.854 billion in August. Average loans held for investment increased 0.2 percent from $53.631 billion in August to $53.711 billion,
For international, net principal charge-offs were $41 million, versus $45 million last month.
The annualized net charge-off rate was 5.65 percent, and 30+ day delinquencies were $439 million, versus 6.21 percent and $466 million last month. Average loans held for investment was $8.655 billion, from $8.788 billion in August.
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