Capital One Reports Slight Improvement in May Credit Card Charge-Offs and Delinquencies
Summary
Capital One released its May 2026 credit metrics, showing a slight decrease in domestic credit card charge-off and delinquency rates.
Key Events
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Domestic Credit Card Charge-Off Rate Decreases
The domestic credit card net charge-off rate for May 2026 was 4.82%, a slight improvement from 4.94% reported in April 2026.
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Domestic Credit Card Delinquency Rate Improves
The 30+ day performing delinquency rate for domestic credit cards was 3.33% in May 2026, down from 3.39% in April 2026.
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Auto Loan Metrics Remain Stable
Auto loan net charge-offs were 1.45% and 30+ day performing delinquencies were 4.24% for May 2026, showing stability compared to previous periods.
Analysis
Capital One's latest monthly credit metrics show a modest improvement in domestic credit card charge-off and delinquency rates for May 2026. This update provides a current view of the company's credit quality trends, which is a key indicator for financial institutions, especially given recent broader concerns about consumer credit deterioration.
At the time of this filing, COF was trading at $187.12 on NYSE in the Finance sector, with a market capitalization of approximately $113.8B. The 52-week trading range was $174.24 to $259.64. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.