Capital One, National Association
Mclean, Virginia, Fairfax County
$662B in total assets, the 7th largest of 4,309 US banks and 1st of 57 headquartered in Virginia.
- FDIC certificate
- 4297
- Established
- 1933
- Owned by
- Capital One Financial Corp
- Primary regulator
- OCC
- Website
- www.capitalone.com
At a glance
Compared with 31 US banks with over $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $662B | 81% | $251B | |
| Loans | $457B | 87% | $144B | |
| Deposits | $513B | 84% | $212B | |
| Return on assets | 1.72% | 94% | 1.20% | |
| Net interest margin | 8.47% | 94% | 3.14% | |
| Efficiency ratio | 50.6% | 26% | 54.8% | |
| Equity to assets | 14.91% | 98% | 9.69% | |
| Loans to deposits | 89% | 90% | 73% |
Growth
Total assets grew 12.4% a year over the last 5 years and 9.0% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| May 2025 | Discover Bank Greenwood, DE | $145B |
| Oct 2022 | Capital One Bank (USA), National Association Glen Allen, VA, an affiliate under the same holding company | $128B |
| Nov 2012 | ING Bank, fsb Wilmington, DE, an affiliate under the same holding company | $97.5B |
| Jul 2009 | Chevy Chase Bank, F.S.B. Mclean, VA, an affiliate under the same holding company | $18.5B |
| Mar 2008 | Superior Savings of New England, National Association Branford, CT, an affiliate under the same holding company | $943M |
| Aug 2007 | North Fork Bank Mattituck, NY, an affiliate under the same holding company | $53.6B |
| Jul 2007 | Capital One, F.S.B. Mclean, VA, an affiliate under the same holding company | $17.5B |
| May 2004 | Coastal Banc, S.S.B. Houston, TX | $2.7B |
| May 1999 | (unknown, CERT 35247) , LA | $2M |
| Mar 1999 | First Service Bank Marshall, TX | $319M |
| Jan 1999 | Hibernia National Bank of Texas Texarkana, TX | $964M |
| Jul 1998 | Peoples Bank & Trust Company Minden, LA | $231M |
| Feb 1998 | ArgentBank Thibodaux, LA | $805M |
| Jan 1998 | First National Bank in Mansfield Mansfield, LA | $101M |
| Oct 1996 | St. Bernard Bank & Trust Co. Arabi, LA | $244M |
| Aug 1996 | The Calcasieu-Marine National Bank of Lake Charles Lake Charles, LA | $778M |
| Jan 1996 | Bunkie Bank & Trust Company Bunkie, LA | $106M |
| Jan 1996 | The First National Bank of Lake Providence Lake Providence, LA | $55M |
| Jul 1995 | Progressive Bank and Trust Company Houma, LA | $153M |
| Jul 1995 | Bank of St. John Reserve, LA | $116M |
| May 1995 | State Bank and Trust Company Donaldsonville, LA | $97M |
| Mar 1995 | American Bank Norco, LA | $89M |
| Dec 1994 | Pioneer Bank & Trust Company Shreveport, LA | $353M |
| Dec 1994 | First State Bank and Trust Company Franklinton, LA | $149M |
| Aug 1994 | First National Bank of Jefferson Parish Gretna, LA | $373M |
| Aug 1994 | First National Bank of West Monroe West Monroe, LA | $156M |
| Aug 1994 | Southern National Bank at Tallulah Tallulah, LA | $59M |
| Jul 1994 | Bastrop National Bank Bastrop, LA | $116M |
| Jul 1994 | First Commercial Bank, Franklin, Louisiana Franklin, LA | $165M |
| Oct 1989 | River City Federal Savings Bank Baton Rouge, LA | $61M |
| Sep 1989 | First Savings of Louisiana, FSA La Place, LA | $24M |
| Aug 1989 | Evangeline Federal Savings and Loan Association Lafayette, LA | $38M |
| Mar 1989 | Livingston Bank Denham Springs, LA | $106M |
| Feb 1989 | Louisiana Bank & Trust Company Shreveport, LA | $270M |
| Jan 1989 | The National Bank of Bossier City Bossier City, LA | $73M |
| Nov 1988 | First National Bank Covington, LA | $262M |
| Jul 1988 | National Fidelity Bank of Shreveport Shreveport, LA | $11M |
| Jan 1988 | United Mercantile Bank Shreveport, LA | $86M |
| Oct 1987 | Shreveport Bank & Trust Company Shreveport, LA | $102M |
| Feb 1987 | Hub City Bank and Trust Company Lafayette, LA | $38M |
| Jan 1987 | Hibernia National Bank in Baton Rouge Baton Rouge, LA | $837M |
| Jan 1987 | Hibernia National Bank in Jefferson Parish Jefferson Parish, LA | $256M |
| Jan 1987 | Hibernia National Bank in Lafayette Lafayette, LA | $122M |
| Jan 1987 | Guaranty Bank & Trust Company Alexandria, LA | $422M |
Where they operate
246 branches in 66 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| New Castle County, DE | $313B | 66.3% | 1 of 27 |
| Sussex County, DE | $74.4B | 91.3% | 1 of 20 |
| Fairfax County, VA | $53.1B | 45.5% | 1 of 38 |
| New York County, NY | $11.8B | 0.6% | 13 of 83 |
| Montgomery County, MD | $7.2B | 13.4% | 2 of 29 |
| Orleans County, LA | $7.1B | 36.6% | 1 of 20 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 566 branches since 2016 (812 to 246, −69.7%). 24 opened, 2 acquired, 592 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 812 | |||
| 2016 | Opened 5 in 3 statesClosed 118 in 6 states | 5 | 118 | −113 | 699 |
| 2017 | Opened 5 in 3 statesClosed 75 in 7 states | 5 | 75 | −70 | 629 |
| 2018 | Opened 4 in New YorkClosed 98 in 7 states | 4 | 98 | −94 | 535 |
| 2019 | Opened 5 in 4 statesClosed 73 in 8 states | 5 | 73 | −68 | 467 |
| 2020 | Closed 92 in 8 states | 0 | 92 | −92 | 375 |
| 2021 | Closed 53 in 6 states | 0 | 53 | −53 | 322 |
| 2022 | Opened New YorkClosed 29 in 6 states | 1 | 29 | −28 | 294 |
| 2023 | Opened New YorkClosed 15 in 6 states | 1 | 15 | −14 | 280 |
| 2024 | Opened Jersey City and New YorkClosed 22 in 7 states | 2 | 22 | −20 | 260 |
| 2025 | Acquired Discover BankOpened New York, closed New York | 3 | 1 | +2 | 262 |
| 2026 through Q2 | Closed 16 in 5 states | 0 | 16 | −16 | 246 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Consumer | 76% | 18% | |
| Business (C&I) | 8% | 18% | |
| Commercial real estate | 3% | 7% | |
| Multifamily | 2% | 3% | |
| Construction and land | 0% | 2% | |
| 1-4 family residential | 0% | 19% | |
| Other | 10% | 32% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 74% | 71% | |
| Time deposits | 20% | 13% | |
| Noninterest-bearing | 6% | 16% |
Brokered deposits are 3.3% of deposits (peers 7.3%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.49% | 0.86% |
| Net charge-offs, annualized | 3.30% | 0.35% |
| Reserves to loans | 5.02% | 1.39% |
| Leverage ratio | 10.58% | 9.39% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Virginia
Largest competitors in New Castle County, DE
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/capital-one