Capital One
Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia with operations primarily in the United States. It is on the list of largest banks in the United States, is the third largest issuer of Visa and Mastercard credit cards and is one of the largest car finance companies in the United States.
| Company type | Public |
|---|---|
| Industry | Financial services |
| Founded | July 21, 1994 Richmond, Virginia, U.S. |
| Founder | Richard Fairbank, Nigel Morris |
| Headquarters | Capital One Tower McLean, Virginia |
Areas served | United States, Canada, United Kingdom |
Key people | Richard Fairbank (Chairman, President and CEO) Andrew Young (CFO) |
| Products | Retail banking, credit cards, loans, savings, online coupons |
| Revenue | US$38.37 billion (2022) |
| US$1.54 billion (2022) | |
| US$1.16 billion (2022) | |
| Total assets | US$444.23 billion (2022) |
| Total equity | US$50.86 billion (2022) |
Number of employees | 50,800 (2021) |
| Subsidiaries | Wikibuy, ShareBuilder, Paribus, United Income, BlueTarp, Adaptive Path, Confyrm, Capital One Securities, Critical Stack, Monsoon Company, Finnoble Solutions, Notch |
| Capital ratio | 6.59% (2022) |
| Website | www |
| Footnotes / references | |
The bank has approximately 750 branches, including 30 café style locations, and 2,000 ATMs. It is ranked 106th on the Fortune 500, 15th on Fortune's 100 Best Companies to Work For list, and conducts business in the United States, Canada, and the United Kingdom. The company helped pioneer the mass marketing of credit cards in the 1990s.
The company's three divisions are credit cards, consumer banking and commercial banking. As of December 31, 2022, the company had loans receivable of $114 billion from credit cards, $75 billion from auto loans, and $85 billion from commercial loans.