Capital One Financial Corporation Financial Statements FY2024-FY2026Q3

Capital One Financial Corporation (COF) Financial Statements in Beancount — Open Ledger

Capital One's income statement and balance sheet, FY2024 through FY2026Q3, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K and 10-Q filings and version-controlled in git. Part of the Open Ledger project on beancount.io.

Browse it live: beancount.io/ledger/open_ledger/capital-one

Latest analysis: Capital One Q3 2026 Earnings: $5.61 EPS ($6.69 Adjusted) as the Discover Deal Starts Paying

Key Figures

Amounts in MUSD (millions of US dollars), exactly as the ledger records them.

What's Inside

Fiscal years end December 31 (SEC CIK 927628; NYSE: COF). FY2024–FY2025 come from Form 10-K filings and FY2026Q3 is the three months to September 30, 2026, from the 8-K earnings-release financial supplement, Exhibit 99.2 (unaudited; no 10-Q was filed). The chart follows the fleet's money-center-bank mapping: all revenue is booked in Income:Revenue, the provision for credit losses in Expenses:CostOfRevenue and total noninterest expense in Expenses:OperatingExpenses, with restricted cash, investment securities, loans and the loan-loss allowance, goodwill and intangibles, deposits, securitized funding debt, repurchase agreements and discontinued operations in their own accounts. Capital One reports no noncontrolling interests in any period here, so net income is the consolidated amount with no NCI deduction. The $8.8B Day-1 allowance on acquired Discover loans (FY2025), the Discover integration expenses ($234M in FY2024, $1.1B in FY2025) and the Q3 2026 adjusting items ($483M acquisition amortization, $338M Discover integration, $47M Brex integration) are isolated as their own postings; the FY2024 ($35M) and Q3 2026 ($40M) net securities losses sit inside the single revenue posting. The defining comparability break is the Discover acquisition, closed May 18, 2025: FY2024 is Capital One standalone, FY2025 includes Discover only from the closing date, and FY2026Q3 is the combined company including Brex from April 7, 2026 — see the Comparability note in main.bean.

Quick Start

uvx --from beancount bean-check main.bean
uvx --from beanquery bean-query main.bean \
  "SELECT year, sum(position) WHERE account ~ '^Income:Revenue' GROUP BY year ORDER BY year"

Zero output from bean-check means the ledger is internally consistent: every
income statement sums to zero and every balance-sheet snapshot reconciles to
the filed totals. The query prints revenue by calendar year; income is a
credit, so it shows as a negative number. Open main.bean in Fava
or import it into beancount.io to explore it visually.

Methodology

• Balance sheet — pad / balance directives assert each period-end
  figure against the filing named in that period file's source banner.
• Income statement — one zero-sum transaction per period: Income
  negative (credit), Expenses positive (debit), with the arithmetic check in
  a comment directly above it.
• Unit — MUSD; 16,344 MUSD means 16,344 million US dollars.
• Additional accounts — Assets:Current:RestrictedCash,
  Assets:NonCurrent:InvestmentSecurities, Assets:NonCurrent:Loans,
  Assets:NonCurrent:LoanAllowance, Liabilities:Current:Deposits,
  Liabilities:Current:FundingDebt, Liabilities:Current:RepurchaseAgreements,
  Expenses:OperatingExpenses, Expenses:DiscontinuedOperations, opened beyond
  the standard chart (see each account's open line in main.bean).

Analysis

• Capital One Q3 2026 Earnings: $5.61 EPS ($6.69 Adjusted) as the Discover Deal Starts Paying — FY2026Q3

Corrections

Found a figure that does not match the filing? Email
[email protected] with the period, the account
and the filing page. Corrections are committed with the source cited.

About Open Ledger

Open Ledger is a growing library of public-company financial statements
published as plain-text accounting at
beancount.io/ledger — git-versioned, diffable
across companies, and auditable against primary filings. Read the analysis
behind the numbers on the beancount.io blog.

Disclaimer

This ledger is an independent reconstruction of Capital One Financial Corporation's publicly filed
financial statements, provided for educational and informational purposes
only. It is not investment, financial, legal, tax, or accounting advice, and
is not an offer or recommendation to buy or sell any security. Beancount.io is
not affiliated with, endorsed by, or sponsored by Capital One Financial Corporation; all trademarks
belong to their respective owners. Figures may contain errors, omissions, or
simplifications and may lag the latest filings — the company's own regulatory
filings are the authoritative source. Provided "as is" without warranty of any
kind; use at your own risk.