Capital One(US:COF)2025-01-22 00:10Financial Performance - Net income was $1.1 billion, or $2.67 per diluted common share for Q4 2024[8] - Adjusted net income per diluted common share was $3.09 for Q4 2024[8] - Pre-provision earnings decreased 13% to $4.1 billion for Q4 2024[8] - Provision for credit losses was $2.6 billion for Q4 2024[8] Capital and Liquidity - Common equity Tier 1 capital ratio was 13.5% at December 31, 2024[9] - Total liquidity reserves were $123.8 billion as of December 31, 2024, including $43.2 billion in cash and cash equivalents[20] - Tangible book value per share decreased 5% to $106.97[9] Loans and Deposits - Period-end loans held for investment increased 2%, or $7.5 billion, to $327.8 billion[9] - Period-end total deposits increased $9.1 billion to $362.7 billion, with insured deposits comprising 82% of the total at $297.8 billion[9] Credit Card Segment - Credit Card net interest income was $5.779 billion in Q4 2024, up 1% from the previous quarter and 10% year-over-year[32] - Credit Card purchase volume increased 7% year-over-year[33] - Domestic Card net charge-off rate was 6.06%[39] Consumer and Commercial Banking - Consumer Banking ending deposits increased $22.2 billion, or 7%, year-over-year[43] - Commercial Banking revenue increased $65 million, or 7%, quarter-over-quarter[47]