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Capital One, National Association

Mc Lean, VA · Cert 4297 · Capital One Financial Corp.

National charter · OCC · 245 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks over $10B in assets (n=142 to 144). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

69

Q2 2024Q2 2026peer median (50)

Asset Quality

9

Q2 2024Q2 2026peer median (50)

Profitability

75

Q2 2024Q2 2026peer median (50)

Liquidity

70

Q2 2024Q2 2026peer median

Efficiency

60

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Capital One, National Association

Mc Lean, VA · Cert 4297 · Capital One Financial Corp.

National charter · OCC · 245 branches

Q2 2026

$662.2BAssets
$457.4BLoans
$512.5BDeposits
$98.7BEquity
Loan mix
6%RE $24.5B9%C&I $36.2B85%Consumer $341.4BQ3 2024Q2 2026
Deposit mix
94%Interest-bearing $483.6B6%Noninterest $28.8BQ3 2024Q2 2026

Market Position · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · 2026 SOD (annual) · 45.7% share · #1 of 88 inst. · $312.9B of $685.1B

66.3% New Castle
91.3% Sussex
45.5% Fairfax
0.6% New York

Executive Summary

  • Earnings: ROA of 1.67%, up 263 bps year over year; NIM at 7.32%.
  • Asset quality: problem loans at 1.49% of loans (-14 bps YoY), with net charge-offs at 3.27%.
  • Capital: tier 1 leverage ratio of 10.58%, down 203 bps from a year ago.
  • Funding: loans stand at 89.26% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.67%+263 bps YoY

Net Interest Margin (YTD, annualized)

7.32%+96 bps YoY

Efficiency Ratio (YTD, annualized)

50.61%-418 bps YoY

Tier 1 Leverage Ratio

10.58%-203 bps YoY

NIM

9.30%Q2 ’248.78%Q2 ’259.65%Q2 ’26+0%+15%

Non-interest income vs. expense

4.13%Q2 ’244.40%Q2 ’254.83%Q2 ’26+12%+8%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.11%1.09%1.26%-0.96%0.19%0.55%1.39%1.67%+263 bps
Return on Equity9.69%9.53%10.72%-7.37%1.43%3.93%9.51%11.35%+1,872 bps
Net Interest Margin6.47%6.45%6.57%6.36%6.27%6.55%7.31%7.32%+96 bps
Efficiency Ratio52.02%53.67%57.48%54.79%52.27%52.98%50.04%50.61%-418 bps
Non-Interest Burden2.64%2.75%3.10%2.90%2.75%2.96%3.12%3.15%+25 bps
Growth
Asset Growth (YoY)3.22%2.43%2.44%35.95%34.78%35.15%36.98%2.04%-3,391 bps
Loan Growth (YoY)1.53%2.07%2.37%40.31%41.03%38.54%38.13%2.20%-3,810 bps
Deposit Growth (YoY)1.67%3.02%3.89%33.52%31.31%30.96%33.97%3.04%-3,048 bps
Asset Quality
Nonperforming Loans / Loans1.91%1.95%1.78%1.63%1.69%1.74%1.67%1.49%-14 bps
Net Charge-Offs / Loans3.27%3.28%3.38%2.59%2.74%2.88%3.44%3.27%+68 bps
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio10.91%10.69%10.82%12.61%10.94%10.90%10.80%10.58%-203 bps
Total Risk-Based Capital15.58%15.18%15.49%15.29%15.14%15.12%15.41%14.88%-42 bps
Equity / Assetsn/an/an/an/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits84.32%85.12%83.44%90.00%90.57%90.05%86.03%89.26%-73 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.25%0.41%+41 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Capital One, National Association

Mc Lean, VA · Cert 4297 · Peer group: banks over $10B in assets (n=142-144) · Capital One Financial Corp.

National charter · OCC · 245 branches

Q2 2026

$662.2BAssets
$457.4BLoans
$512.5BDeposits
$98.7BEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 95% of banks over $10B in assets (rank 7 of 144).
  • Widest gap: net charge-offs / loans trails 96% of banks over $10B in assets (rank 138 of 142).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.68%

Rank 27 of 144

Net Interest Margin

7.32%

Rank 7 of 144

Efficiency Ratio

53.66%

Rank 58 of 144

Equity / Assets

14.91%

Rank 14 of 144

Non-interest income vs. expense

$11.4B$32.6BINCOMEEXPENSE
Unfavorable gap of $21.3B · efficiency ratio beats 60% of banks over $10B in assets
Bank 53.66%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.68%1.00%1.26%1.54%Beats 81%27 / 144
Return on Equity11.25%8.98%11.34%14.40%Beats 48%75 / 144
Net Interest Margin7.32%2.82%3.31%3.68%Beats 95%7 / 144
Efficiency Ratio53.66%49.42%56.02%62.41%Beats 60%58 / 144
Asset Quality
Nonperforming Loans / Loans1.49%0.48%0.73%1.07%Beats 13%124 / 142
Net Charge-Offs / Loans2.35%0.05%0.11%0.22%Beats 4%138 / 142
Capital
Tier 1 Capital Ratio13.21%12.07%12.98%14.92%Beats 56%64 / 144
Total Risk-Based Capital Ratio14.88%13.39%14.14%16.25%Beats 60%58 / 144
Equity / Assets14.91%9.69%11.39%12.96%Beats 90%14 / 144
Liquidity & Funding
Loans / Deposits89.26%75.72%84.92%91.56%66th pctl48 / 143
Loans / Assets69.08%59.83%69.07%74.80%51st pctl71 / 144
Brokered Deposits / Depositsn/aNot reported for this institution