Financials Capital One Financial Corporation

Equities

COF

US14040H1059

Consumer Lending

Real-time Estimate Cboe BZX Other stock markets 12:51:15 2024-12-10 pm EST			5-day change	1st Jan Change
184.21 ^USD	-0.28%		-1.48%	+40.56%

Dec. 09	BofA Downgrades Capital One Financial to Neutral From Buy, Price Target is $200	MT
Dec. 09	Keefe Bruyette & Woods Adjusts Price Target on Capital One Financial to $232 From $185, Keeps Outperform Rating	MT

Projected Income Statement: Capital One Financial Corporation

income-statement-evolution-chart CAPITAL-ONE-FINANCIAL-COR

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	28,593	28,523	30,435	34,250	36,787	39,043	41,275	43,141
Change	-	-0.24%	6.7%	12.53%	7.41%	6.13%	5.72%	4.52%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	13,110	13,467	13,865	15,087	16,471	18,078	18,680	19,533
Change	-	2.72%	2.96%	8.81%	9.17%	9.76%	3.33%	4.57%
Interest Paid ¹	-	-	-1,598	-4,123	-12,697	-14,948	-14,004	-14,076
Earnings before Tax (EBT) ¹	6,874	3,203	15,809	9,240	6,045	5,998	7,935	8,695
Change	-	-53.4%	393.57%	-41.55%	-34.58%	-0.77%	32.28%	9.59%
Net income ¹	5,192	2,375	11,965	7,044	4,582	4,563	5,862	6,650
Change	-	-54.26%	403.79%	-41.13%	-34.95%	-0.42%	28.47%	13.44%
Announcement Date	1/21/20	1/26/21	1/25/22	1/24/23	1/25/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: Dezember	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	7,427	7,249	6,556	7,381	7,337	7,113	7,374	7,830	8,118	8,173	8,232	8,805	9,040	8,903	9,012	9,366	9,506	9,402	9,506	10,014	10,230	10,141	10,295	10,665	11,096	10,694	10,868	11,331
Change	-	-2.4%	-9.56%	12.58%	-0.6%	-3.05%	3.67%	6.18%	3.68%	0.68%	0.72%	6.96%	2.67%	-1.52%	1.22%	3.93%	1.49%	-1.09%	1.11%	5.34%	2.15%	-0.87%	1.52%	3.6%	4.04%	-3.62%	1.63%	4.26%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	3,266	3,520	2,786	3,843	3,328	3,373	3,408	3,644	3,440	3,622	3,649	3,856	3,960	3,958	4,218	4,506	3,789	4,265	4,560	4,700	4,463	4,705	5,024	5,187	5,076	4,871	5,276	5,501
Change	-	7.78%	-20.85%	37.94%	-13.4%	1.35%	1.04%	6.92%	-5.6%	5.29%	0.75%	5.67%	2.7%	-0.05%	6.57%	6.83%	-15.91%	12.56%	6.92%	3.07%	-5.04%	5.42%	6.78%	3.24%	-2.14%	-4.04%	8.31%	4.26%
Charge d'intérêts ¹	-	-	-	-	-	-439	-396	-382	-381	-387	-578	-1,197	-1,961	-2,568	-3,053	-3,450	-3,626	-3,689	-3,734	-3,784	-3,741	-3,766	-3,591	-3,385	-3,261	-3,355	-3,477	-3,574
Earnings before Tax (EBT) ¹	1,448	-1,903	-1,460	3,502	3,064	4,196	4,568	3,986	3,059	2,945	2,564	2,187	1,544	1,163	1,728	2,222	932	1,582	651	2,218	1,465	1,609	2,282	2,178	1,565	1,972	2,349	2,504
Change	-	-	-23.28%	-	-12.51%	36.95%	8.87%	-12.74%	-23.26%	-3.73%	-12.94%	-14.7%	-29.4%	-24.68%	48.58%	28.59%	-58.06%	69.74%	-58.85%	240.71%	-33.93%	9.8%	41.83%	-4.56%	-28.15%	26.01%	19.12%	6.6%
Net income ¹	1,041	-1,420	-1,009	2,319	2,462	3,236	3,446	2,987	2,296	2,318	1,949	1,616	1,161	887	1,351	1,705	639	1,200	531	1,692	1,107	1,210	1,741	1,659	1,176	1,496	1,793	1,915
Change	-	-	-28.94%	-	6.17%	31.44%	6.49%	-13.32%	-23.13%	0.96%	-15.92%	-17.09%	-28.16%	-23.6%	52.31%	26.2%	-62.52%	87.79%	-55.75%	218.64%	-34.56%	9.29%	43.88%	-4.71%	-29.11%	27.21%	19.85%	6.8%
Announcement Date	1/21/20	4/23/20	7/21/20	10/22/20	1/26/21	4/27/21	7/22/21	10/26/21	1/25/22	4/26/22	7/21/22	10/27/22	1/24/23	4/27/23	7/20/23	10/26/23	1/25/24	4/25/24	7/23/24	10/24/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Capital One Financial Corporation

balance-sheet-analysis-chart CAPITAL-ONE-FINANCIAL-COR

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	42,290	35,831	21,340	17,859	6,559	29,461	29,320	29,173
Change	-	-15.27%	-40.44%	-16.31%	-63.27%	349.17%	-0.48%	-0.5%
Announcement Date	1/21/20	1/26/21	1/25/22	1/24/23	1/25/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Capital One Financial Corporation

Fiscal Period: Dezember	2018	2019	2020	2021	2022	2023
CAPEX ¹	874	887	710	698	934	961
Change	-	1.49%	-19.95%	-1.69%	33.81%	2.89%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	2/20/19	2/20/20	2/25/21	2/25/22	2/24/23	2/23/24

¹USD in Million

Estimates

Forecast Financial Ratios: Capital One Financial Corporation

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-
EBIT Margin (%)	45.85%	47.21%	45.56%	44.05%	44.77%	46.3%	45.26%	45.28%
EBT Margin (%)	24.04%	11.23%	51.94%	26.98%	16.43%	15.36%	19.22%	20.16%
Net margin (%)	18.16%	8.33%	39.31%	20.57%	12.46%	11.69%	14.2%	15.41%
FCF margin (%)	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-
Profitability
ROA	1.48%	0.66%	2.92%	1.67%	1.04%	1%	1.15%	1.27%
ROE	10.16%	4.49%	21.01%	14.01%	9.1%	8.3%	9.14%	9.6%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	33.76	37.09	33.51	42.39	-	-	-	-
Change	-	9.85%	-9.65%	26.5%	-	-	-	-
Dividend per Share ¹	1.6	1	2.6	2.4	2.4	2.406	2.545	2.66
Change	-	-37.5%	160%	-7.69%	0%	0.26%	5.77%	4.52%
Book Value Per Share ¹	127	131.2	147.4	137.9	152.7	156.9	168.9	183.4
Change	-	3.24%	12.42%	-6.47%	10.73%	2.77%	7.6%	8.62%
EPS ¹	11.05	5.18	26.94	17.91	11.95	11.71	15.38	18.32
Change	-	-53.12%	420.08%	-33.52%	-33.28%	-1.97%	31.29%	19.13%
Nbr of stocks (in thousands)	465,721	457,397	425,622	381,699	380,847	381,510	381,510	381,510
Announcement Date	1/21/20	1/26/21	1/25/22	1/24/23	1/25/24	-	-	-