Capital One Financial Corporation is a United States bank holding company. Its principal banking subsidiary is Capital One National Association (CONA), through which it carries on lending and deposit-taking. The source indicates the group extends credit and operates card rewards programmes, maintains mortgage servicing rights, and runs a commercial business that originates multifamily commercial real estate loans with the intention of selling them to government-sponsored enterprises.
The company earns money chiefly from lending and related interest income, together with card and loan fees, and it manages interest rate, foreign currency and commodity exposures using derivatives. It serves both domestic customers and international ones, with foreign subsidiaries whose undistributed earnings it intends to reinvest permanently.
Alongside its United States operations, the filing notes activity concentrated in states including California, Illinois, New Jersey, New York and Texas. A distinctive recent event is its merger with Discover Financial Services, referred to as "the Transaction", through which it assumed Discover's incentive, 401(k) and defined benefit pension plans.
Based on Capital One's 10-K filed February 19, 2026.