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Capital One Financial COF Commercial Banking — Income tax provision

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$782M+151%
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$158M+12.1%

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Other financials

Income statement

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Revenue$15.9B+26.9%
Net income$3.0B+171%
EPS (diluted)$4.73+155%

Balance sheet

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Cash & equivalents$55.9B-9.3%
Total debt$46.1B-13.7%
Total equity$113.79B+2.6%
Total assets$673.84B+2.3%

Cash flow

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Operating cash flow$8.4B+39.2%
CapEx$367.0M-8.0%
Free cash flow$8.1B+42.5%

Valuation

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Market cap$130.31B-4.7%
Enterprise value$120.5B-6.3%
P/E12.4×
P/S2.1×-1.1×

Profitability

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Net margin17%
FCF margin47.9%+5.2pp

Returns & leverage

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Return on equity9.4%
Debt / equity0.4×-0.1×

Where this comes from

Reported directly by Capital One Financial in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Capital One Financial’s 10-Q, filed July 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Capital One Financial's commercial banking — income tax provision?
Capital One Financial (COF) reported commercial banking — income tax provision of $78M in Q2 2026.
How has Capital One Financial's commercial banking — income tax provision changed year-over-year?
Capital One Financial's commercial banking — income tax provision decreased by 10.3% year-over-year, from $87M to $78M.
What is the long-term trend for Capital One Financial's commercial banking — income tax provision?
Over 4 years (2021 to 2025), Capital One Financial's commercial banking — income tax provision has grown at a -8.9% compound annual growth rate (CAGR), from $473M to $326M.
What does commercial banking — income tax provision mean?
This represents the total expense recognized by the commercial banking segment for federal, state, and local income taxes. It reflects the tax liability associated with the segment's pre-tax earnings, adjusted for permanent and temporary differences between financial reporting and tax accounting.