Capital One Financial Corporation is an American bank holding company specializing in financial products and services, including credit cards, auto loans, banking, and savings accounts. It was founded on July 21, 1994, as a spin-off of Signet Banking Corporation. Capital One is headquartered in Tysons, Virginia. Richard Fairbank is the current Chairman, President, and CEO of Capital One. Andrew Young is the CFO.
Capital One operates through three divisions: Credit Cards, Consumer Banking, and Commercial Banking. The company issues credit cards in the United States, Canada, and the United Kingdom and is the third-largest credit card issuer. Consumer banking includes checking, savings, and money market accounts, as well as retail and auto loans. Commercial banking provides loans secured by commercial, multifamily, and industrial properties. As of February 2026, Capital One has a market cap of $142.04 billion. Recent news includes Capital One's board approving $40 million in compensation for CEO Richard Fairbank for 2025 and Capital One being on track to achieve $2.5 billion in revenue and expense synergies from the Discover integration by Q2 2027.
