Capital One Financial Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Capital One Financial Corporation (COF). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Credit Card | $3.06B 81.9% | $3.88B 81.2% · +26.7% | $4.57B 84.4% · +17.9% | $4.75B 84.1% · +3.8% | $4.75B 80.4% · +0.1% | $5.94B 73.8% · +25.0% |
| Consumer Banking | $436.0M 11.7% | $513.0M 10.7% · +17.7% | $485.0M 8.9% · -5.5% | $555.0M 9.8% · +14.4% | $664.0M 11.2% · +19.6% | $1.64B 20.4% · +147.3% |
| Commercial Banking | $242.0M 6.5% | $388.0M 8.1% · +60.3% | $361.0M 6.7% · -7.0% | $344.0M 6.1% · -4.7% | $496.0M 8.4% · +44.2% | $473.0M 5.9% · -4.6% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Interchange fees, net | $3.02B 80.7% | $3.86B 80.8% · +27.9% | $4.61B 85.0% · +19.3% | $4.79B 84.9% · +4.1% | $4.88B 82.5% · +1.9% | $6.44B 79.9% · +32.0% |
| Service charges and other customer-related fees | $362.0M 9.7% | $457.0M 9.6% · +26.2% | $327.0M 6.0% · -28.4% | $306.0M 5.4% · -6.4% | $460.0M 7.8% · +50.3% | $857.0M 10.6% · +86.3% |
| Other | $358.0M 9.6% | $463.0M 9.7% · +29.3% | $484.0M 8.9% · +4.5% | $546.0M 9.7% · +12.8% | $573.0M 9.7% · +4.9% | $762.0M 9.5% · +33.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.