Market Capitalization (Millions $) |
77,563 |
Shares
Outstanding (Millions) |
384 |
Employees |
51,987 |
Revenues (TTM) (Millions $) |
26,497 |
Net Income (TTM) (Millions $) |
4,290 |
Cash Flow (TTM) (Millions $) |
4,415 |
Capital Exp. (TTM) (Millions $) |
1,109 |
Capital One Financial Corp
Company Profile: Capital One Financial Corporation
Legal Status: - Incorporated in Delaware on July 21, 1994.
Overview: Capital One Financial Corporation is a holding company whose subsidiaries provide a wide range of consumer financial products and services. The Corporations focus areas include credit cards, consumer lending, automobile financing, and deposit products.
Primary Subsidiaries: 1. Capital One Bank: - A limited-purpose Virginia state-chartered credit card bank that primarily offers credit card products.
2. Capital One, F.S.B.: - A federally chartered savings bank offering consumer lending and deposit products.
3. Capital One Auto Finance, Inc. (COAF): - Provides automobile and other motor vehicle financing products, including loans for both new and used vehicles, as well as refinancing options.
4. Capital One Services, Inc.: - Offers various operational, administrative, and support services to the Corporation and its subsidiaries.
Market Position: - Capital One is recognized as one of the six largest issuers of Visa and MasterCard credit cards in the United States based on managed credit card loans outstanding. The Corporations growth in managed credit card loans and accounts is driven by strategic business practices that leverage extensive data analysis to minimize credit risk and tailor products for consumers.
International Operations: - In addition to offering credit cards in the United States, Capital One also markets credit card products internationally through: - Capital One Bank (Europe) plc: An indirect subsidiary located in the United Kingdom. - A branch operating in Canada.
Automobile Financing: - Through COAF, the Corporation delivers a wide array of automobile financing options, catering to both new and used vehicle purchases, as well as offering refinancing solutions.
Customer Differentiation Strategy: - Capital One employs an Integrated Behavior Segmentation (IBS) approach to categorize customers by credit risk and usage patterns. This methodology allows the Corporation to match products with customer profiles effectively, enhancing targeted marketing efforts.
- The Corporation invests in sophisticated modeling, testing various product features, marketing channels, and service elements to create customer-centric offerings. Continuous testing and model refinement help improve solicitation strategies and account management efforts.
Competitive Landscape: - Capital One competes with a mix of international, national, regional, and local credit card issuers, as well as alternative payment providers such as American Express, Discover Card, and non-traditional online finance companies.
- The Corporation operates in a highly competitive market, where factors such as pricing, credit limits, and product features heavily influence consumer choices. It continuously adapitates to maintain its market position through its customer segmentation strategy.
By focusing on data-driven decisions and customer segmentation, Capital One remains well-positioned to address the evolving demands of both existing and new markets.
Company Address: 1680 Capital One Drive, McLean, 22102 VA
Company Phone Number: 720-1000 Stock Exchange / Ticker: NYSE COF
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