Capital One Financial Corporation (COF) Q1 2025 Earnings Call Transcript

Capital One Financial Corporation (NYSE:COF) Q1 2025 Earnings Conference Call April 22, 2025 5:00 PM ET

Company Participants

Jeff Norris - SVP, Finance
Andrew Young - CFO
Richard Fairbank - Chairman and CEO

Conference Call Participants

Ryan Nash - Goldman Sachs
Sanjay Sakhrani - KBW
Terry Ma - Barclays
Moshe Orenbuch - TD Cowen
Rick Shane - JP Morgan
John Pancari - Evercore ISI
Mihir Bhatia - Bank of America
Don Fandetti - Wells Fargo
Bill Carcache - Wolfe Research Securities
John Hecht - Jefferies
Erika Najarian - UBS
Brian Foran - Truist
Robert Wildhack - Autonomous Research

Operator

Good day and thank you for standing by. Welcome to the Capital One Q1 2025 Earnings Call. Please be advised that today's conference is being recorded. After the speakers’ presentation, there will be a question and answer session. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Jeff Norris, Senior Vice President of Finance. Please go ahead.

Jeff Norris

Thanks very much, Josh, and welcome to everyone. To access our live webcast of this call, please go to the Investors section of Capital One's website at capitalone.com and follow the links from there. A copy of the earnings presentation, press release and financial supplement can be found in the investors section of Capital One's website at capitalone.com by selecting financials and then quarterly earnings releases. With me this evening are Mr. Richard Fairbank, Capital One's Chairman and Chief Executive Officer, and Mr. Andrew Young, Capital One's Chief Financial Officer. Richard and Andrew are going to walk you through our presentation, summarizing our first quarter results for 2025.

Please note that this presentation may contain forward-looking statements. Information regarding Capital One's financial performance and any forward-looking statements contained in today's discussion and the materials speak only as