Capital One Financial Corp is the 10th largest bank by Assets in USA

Capital One Financial Corp is the 10th largest bank by Assets in USA

Capital One Financial Corp is the 10th largest bank by Assets in USA(at present).Capital One is the eighth-largest commercial bank in the United States when ranked by assets and deposits. and is ranked 9th (earlier) on the list of largest banks in the United States by total assets. The bank has 755 branches including 18 café style locations and 2,000 ATMs. It is ranked #100 on the Fortune 500, #17 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, and it is one of the largest customers of the United States Postal Service due to its direct mail credit card solicitations.In 2015, it was the 5th largest credit card issuer by purchase volume, after American Express, JP Morgan Chase, Bank of America, and Citigroup.

10 largest banks in the U.S. by assets

JPMorgan Chase Bank of America Corp. Wells Fargo & Co Citigroup Inc. Goldman Sachs Group Inc.
Morgan Stanley U.S. Bancorp PNC Financial Services Group Inc. TD Group US Holdings LLC Capital One Financial Corp

Capital One is also the fourth-largest bank auto lender, with a market share of 4.2% in 2016.

In 2016, 62% of the company’s revenues were from credit cards, 26% was from consumer banking, 11% was from commercial banking, and 1% was from other.

Capital One Financial Corp is the 10th largest bank by Assets in USA

Type Public company
Traded as
  • NYSE: COF
  • S&P 100 Component
  • S&P 500 Component
Industry Financial services
Founded 1988; 29 years ago
Richmond, Virginia, U.S.
Founder Richard Fairbank, Nigel Morris
Headquarters McLean, Virginia
Key people Richard Fairbank
(Chairman, President and CEO)
Stephen S. Crawford
(Head of Finance and Corporate Development)R. Scott Blackley
(CFO)
Products Retail banking, credit cards, loans, savings
Revenue US$25.501 billion (2016)
Operating income US$5.80 billion (2016)
Net income US$3.75 billion (2016)
Total assets US$357.033 billion (2016)
Total equity US$47.514 billion (2016)
Number of employees 47,300 (2016)
Capital ratio 10.1%
Website www.capitalone.com

Capital One Financial Corp is the 10th largest bank by Assets in USA

 

Capital One Financial Corp is the 10th largest bank by Assets in USA

Capital One Financial Corp is the 10th largest bank by Assets in USA
Capital One Financial Corp is the 10th largest bank by Assets in USA

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