MCLEAN,
Va., June 30, 2023 /PRNewswire/ -- Capital One
Financial Corporation (NYSE: COF) today announced its
preliminary Stress Capital Buffer Requirement ("SCB"), as
calculated based on the Federal
Reserve's 2023 Comprehensive Capital Analysis and Review
process ("CCAR"), is 4.8 percent, effective October 1, 2023. Capital One's previously
disclosed SCB of 3.1 percent, as calculated based on the
2022 CCAR process, will remain in effect through the end of
the third quarter of 2023.
About Capital One
Capital One Financial
Corporation (www.capitalone.com) is a financial holding company
which, along with its subsidiaries, had $349.8 billion in deposits and $471.7 billion in total assets as of March 31, 2023. Headquartered in McLean, Virginia, Capital One offers a broad
spectrum of financial products and services to consumers, small
businesses and commercial clients through a variety of channels.
Capital One, N.A. has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia, New
Jersey and the District of
Columbia. A Fortune 500 company, Capital One trades on the
New York Stock Exchange under the symbol "COF" and is included in
the S&P 100 index.
Visit Capital One About for more Capital One news.
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SOURCE Capital One Financial Corporation