Capital One Financial Corporation · NYSE:COF
Capital One Financial — Q2 2005 Earnings Presentation
11 slides from Capital One Financial's earnings presentation, Jul 20, 2005
Slide 1: Capital One second quarter 2005 results
Exhibit 99.2 Capital();c’ | second quarter 2005 results July 20, 2005 Capstta)y: seoard quater ZOOS rete
Slide 2: Forward-Looking Information
Forward-Looking Please does Certain outlook expectations, looking, to compete consumer industry rates company’s marketing including transaction; realize file December these reconciliation on Additional Hibernia (“Hibernia”), statement/prospectus proxy “SEC Capital merger. set SEC of 2 differ these t
Slide 3: Second quarter 2005 results summary
Our billion Second Q205 $83 Diversification Strong Continued 2005 12-15% 1.7% Continuing Diluted 3 second Expectations to diluted managed credit Quarter EPS 1.8% loan strength in diversification quarter between growth quality EPS managed beyond ROAofin results and rate; $2.03 of $6.60 liquidity US l
Slide 4: Business environment by segment and Hibernia integration
In the US Global Auto Intense Industry Banking Challenging Less Flattening Stable Consolidation Competition Capital UK Strong On Rewards Solid Gaining Integration Low Continuing *Subject 4 track Card losses single captive Finance performance second North credit growth, Financial competition One trac
Slide 5: Capital One Managed Q205/Q204 results
Capital Managed Q205/Q204 Q205 Non-Interest Total Allowance Other Provision Marketing Operating Tax Net Shares Diluted Revenue ROA 5 Interest Charge-offs Income Rate Revenue 2.11 Q105 2.6 Used One EPS Margin 35.8% Income (5.6) for Expenses 2.04 Expenses Build/(Release) After Income Q204 Change deliv
Slide 6: Revenue, charge-offs and allowance change
Change Other Managed Allowance Reported Finance Q205 $ Amounts but 6 %notQ105 2.6 Recognized Charge Loans $30+ Net Billed Provision (5.6) and Build/(Release) for $%/bps Change Charge-off Charge-offs Loan 8.2 Day Delinquency revenue & $38,611 to Fee Customers n/a as for Delinquencies Losses Revenue R
Slide 7: Credit quality remains strong
Credit 8% 3.96% Monthly Quarterly 3.49% Jun-03 5.44% 7 7%quality 5.32% Sep-03 6% Managed Charge-off 5%4.83% remains Dec-03 4%$30+ Net 3%4.42% Rate strong Mar-04 Charge-off 2% Day1% 4.05% Delinquency Jun-04 0%Rate 4.37% Sep-04 4.13% Rate Dec-04 4.10%Mar-05 Jun-05
Slide 8: Our balance sheet remains solid
OurIncludes Managed Loans Capital(1) Capital (1) Available Q205/Q204 Q205 Cash Untapped Unsecured Total 8 managed Assets Available and Q105 $82,951 toSecurities plus Balance Liquidity Assets Conduit 10,511 Credit Q204 Change Allowance preferred $100,757 balance $81,592 Liquidity Ratio 9,839 Facility
Slide 9: US Card
US Based Net 432.4 4.90% 4.73% 4.93% 4.68% 5.19% 5.41% Managed 6% Q104 3.60% 3.66% 3.97% 4.14% 3.95% 3.99% (1) 9 Card 5% Income Q204 4%continued Loans Net 30+ on3% After Q304 internal Charge-off Delinquency 2% ($B) Tax(1) Q404 1% toallocations $50 deliver 0% Q105 ($M) Rate $45 Rate strong $40 Q205 $
Slide 10: Global Financial Services
Global Net 3.89% 3.55% 3.30% 3.26% 3.43% 3.60% Managed 6% Q104 2.93% 3.04% 2.81% 2.65% 2.50% 2.63% (1) 10 Based 5% Income Q204 Financial 4%Net Loans 30+ on3% After Q304 internal Charge-off Delinquency 2% ($B) Services Tax(1) Q404 1%allocations $24 0%Q105 ($M) Rate $22 continued Rate$20 Q205 $100 of$
Slide 11: Auto Finance
Auto Net 1.74% 2.89% 3.87% 2.63% 2.53% 4.13% Managed 6% Q104 4.09% 3.51% 5.50% 5.54% 5.59% 5.44% (1) 11 Based 5% Income Finance Q204 4%Net Loans 30+ on3% After Q304 internal Charge-off delivered Delinquency 2% ($B) Tax(1) Q404 1%allocations $16 0% strong Q105 ($M) Rate $14 Rate $12 Q205 loan $120 of
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