Capital One reports USD 1,094 million domestic credit card net charge-offs and 5.17% net charge-off rate in February 2026

Reuters03-16 18:02
Capital One reports USD 1,094 million domestic credit card net charge-offs and 5.17% net charge-off rate in February 2026

Capital One reported that domestic credit card loans held for investment averaged USD 253.81 billion for the month ended February 28, 2026, with period-end loans of USD 252.34 billion. Domestic credit card net charge-offs were USD 1.09 billion, with a net charge-off rate of 5.17%. Capital One’s auto loans held for investment averaged USD 84.46 billion, with period-end loans of USD 84.58 billion. Auto net charge-offs were USD 108 million, with a net charge-off rate of 1.54%. Auto 30+ day performing delinquencies were USD 3.45 billion, with a delinquency rate of 4.08%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capital One Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000927628-26-000028), on March 16, 2026, and is solely responsible for the information contained therein.

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