Capital One Financial Corporation released its monthly charge-off and delinquency metrics as of December 31, 2024, detailing performance in its credit card and consumer banking portfolios. The highlights are as follows:

Credit Card (Domestic):
- Average loans held for investment: $153.5 billion
- Net charge-offs: $803 million, with a net charge-off rate of 6.28%. Excluding the impact of the termination of the Walmart program agreement in May 2024, the net charge-off rate would have been 5.86%.
- 30+ day performing delinquencies: $7.1 billion, with a delinquency rate of 4.53%
- Nonperforming loans: Not applicable

Consumer Banking (Auto Loans):
- Average loans held for investment: $76.4 billion
- Net charge-offs: $162 million, with a net charge-off rate of 2.54%
- 30+ day performing delinquencies: $4.6 billion, with a delinquency rate of 5.95%
- Nonperforming loans: $750 million, with a nonperforming loan rate of 0.98%

The Walmart program agreement termination, effective May 21, 2024, contributed to a 42 basis-point increase in the net charge-off rate for Domestic Cards for December 2024. This provides additional context for analyzing the performance trends in Capital One's credit card portfolio.