Capital One Financial Corporation · NYSE:COF
Capital One Financial — Q3 2005 Earnings Presentation
11 slides from Capital One Financial's earnings presentation, Oct 21, 2005
Slide 1: Third Quarter Results, October 20, 2005
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Slide 2: Forward-Looking Information
Forward Forward-Looking Please does and including revenues, safe described increase repayments; respect operations on execute realize as magnitude spending, factors consider information the One.” Additional Hibernia (“Hibernia”), statement/prospectus proxy “SEC Capital merger. set SEC of 2 these the
Slide 3: Third Quarter Results and Expectations
Capital Third Q305 Increased Diversification Continued 2005 Around 1.7% Continuing Diluted $6.60 Q405 3 Expectations to Quarter diluted Charge-off toOne EPS 12% 1.8% $7.00 provision strength diversification delivered likely managed EPS managed range beyond rate of in in expense (including $1.81 lowe
Slide 4: Managed Income Statement Q305/Q304
Capital Managed Q305/Q304 Q305 Non-Interest Total Allowance Other Provision Marketing Operating Tax Net Shares Diluted Revenue ROA 4 Interest Charge-offs Income Rate Revenue 1.89 Q205 (9.6) Used One EPS Margin 35.8% Income for Expenses 2.11 Expenses Build/(Release) 2.6 After Income Q304 Change deliv
Slide 5: Change in Allowance and Other Items
Our Change Other Managed Allowance Reported Finance Q305 $ Amounts but 5 %not allowance Q205 (9.6) Recognized Charge Loans $30+ Net Billed Provision Build/(Release) for 2.6 $ Charge-off Change Charge-offs %/bps Loan reflects (12.2) Day Delinquency & $38,852 to Fee Customers as for Delinquencies Loss
Slide 6: Credit Quality Remains Strong
Credit Quarterly Sep-03 4.62% 5.32% Monthly 8% Jun-03 6 3.73% 7%quality 4.83% Sep-03 Dec-03 6% Managed Charge-off 5%4.42% remains Dec-03 Mar-04 4%$30+ Net 3%4.05% Rate strong Mar-04 Charge-off 2% Jun-04 Day1% 4.37% Delinquency Sep-04 Jun-04 0%Rate 4.13% Sep-04 Dec-04 4.10% Rate Dec-04 Mar-05 4.14%Ma
Slide 7: Managed Balance Sheet and Liquidity Highlights
Our managed Managed Loans Capital(1) Capital (1) 7 Assets $84,768 to plus Includes Available Q305/Q304 Q305 Cash Untapped Unsecured Total Balance Assets 11,137 Allowance $105,743 Available and Q205 balance $82,951 preferred Ratio 10,511 $Sheet Securities Liquidity Conduit Credit Q304 Change sheet $1
Slide 8: US Card
US Card Net 4.93% 4.73% 5.19% Managed 6% 3.95% 4.14% Q204 (1) 8 5% Income Q304 4.90% 3.97% 3.60% 4% Based continued Loans Net 30+ 3% After Q404 Charge-off 4.69% 3.66% Delinquency on2% ($B) internal Tax(1) Q105 1% to3.86% 4.68% $50 deliver 0% Q205 ($M) Rate allocations $45 Rate strong $40 Q305 $600$3
Slide 9: Global Financial Services
Global Net $29.2 3.43% 3.89% Managed 6% Q204 2.81% 3.04% 9 5% Income Q304 $26.7 3.30% 2.93% Financial 4%Net Loans 30+ 3% After Q404 Charge-off 4.09% 2.50% 2.65% Delinquency 2% ($B) Services Tax(1) Q105 1%3.55% $24 0%Q205 ($M) Rate $22 continued Rate 3.26% $20 Q305 $100$18 $90 to $16 be$80 a $14 driv
Slide 10: Auto Finance
Auto5% Net ($20) $52.7 ($7.7) 2.89% 3.87% 2.54% $9.7 Managed 6% 5.59% 5.54% 4.09% Q204 (1) 10 Income $10.0 Finance $96.1 Q304 $55.3 2.53% 1.74% 5.50% 3.51% 4% Based Net Loans 30+ $9.4 3% After Q404 $35.6 Charge-off delivered 2.63% 4.65% Delinquency on 2% ($B) internal Tax(1) Q105 $25.1 1%$16 0% stro
Slide 11: Hibernia Deal Status Following Due Diligence Assessment
Following Due Assessment Employee Facilities Multiple Deal Expect Capital Hibernia Integration 11 Diligence Status to One scenarios shareholder is close dislocation Hurricane costs well-positioned of Perspective onand November evaluated synergies Katrina, vote Loanscheduled to portfolio to16th Capit
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