CAPITAL ONE FINANCIAL CORP - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - May 14, 2020

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Exhibit 99.1
 
Capital One Financial Corporation
Monthly Charge-Off and Delinquency Metrics
As of and for the month ended April 30, 2020
 
 
Loans Held for Investment
 
Net Charge-Offs
 
30+ Day Performing Delinquencies(5)
 
Nonperforming Loans
(Dollars in millions, except as noted)
 
Average
 
Period-End
 
Amount
 
Rate(1)
 
Amount
 
Rate(2)
 
Amount
 
Rate(3)
Credit Card:(4)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Domestic
 
$
104,618

 
$
102,181

 
$
429

 
4.93
%
 
$
3,653

 
3.58
%
 
N/A

 
N/A

Consumer Banking:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Auto(6)
 
61,157

 
61,184

 
89

 
1.74

 
2,171

 
3.55

 
$
312

 
0.51
%
___________________
(1)
Net charge-off rate is calculated by dividing annualized net charge-offs for the period by average loans held for investment during the period for the specified loan category. Net charge-offs and the net charge-off rate are impacted periodically by fluctuations in recoveries, including impacts of debt sales.
(2)
30+ day performing delinquency rate is calculated by dividing 30+ day performing delinquent loans as of the end of the period by period-end loans held for investment for the specified loan category.
(3)
Nonperforming loan rate is calculated by dividing nonperforming loans as of the end of the period by period-end loans held for investment for the specified loan category.
(4)  
Period-end loans held for investment and average loans held for investment include billed finance charges and fees. We recognize finance charges and fee income on open-ended loans in accordance with the contractual provisions of the credit arrangements and estimate the uncollectible amount on a quarterly basis. Finance charges and fees that are charged off are reflected as a reduction in revenue.
(5)  
Includes the impact of COVID-19 customer assistance programs.
(6)  
Net charge-offs for our auto loan portfolio increased as compared to April 2019, driven by lower recoveries caused by the impacts of the COVID-19 pandemic, including our decision to temporarily pause involuntary repossession and disruptions in vehicle auction markets which limited our ability to sell repossessed assets.