Capital One 2008 Annual Report Download - page 46

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28
(Dollars in millions, Except Per Share Data)
2008
2007 (1)
2006(1)(5)
2005(1)(4)
2004 (1)
Five Year
Compound
Growth Rate
Loss from discontinued operations,
net of tax(6) ....................................... (0.35) (2.58) (0.03) N/A
Net income (loss) per common share...$ (0.21) $ 3.97 $ 7.62 $ 6.73 $ 6.21 (53.16)%
Dividends paid per common share....... 1.50 0.11 0.11 0.11 0.11 N/A
Book value as of year-end.................... 68.38 65.18 61.56 46.97 33.99 (1.27)%
Selected Year-End Reported
Balances(3):
Loans held for investment....................$ 101,017.8 $ 101,805.0 $ 96,512.1 $ 59,847.7 $ 38,215.6 21.46%
Allowance for loan and lease losses .... 4,524.0 2,963.0 2,180.0 1,790.0 1,505.0 24.62%
Total assets........................................... 165,878.4
150,499.1 144,360.8 88,701.4 53,747.3 25.28%
Interest-bearing deposits ...................... 97,326.9 71,714.6 73,913.9 43,092.1 25,636.8 30.58%
Total deposits....................................... 108,620.8
82,761.2 85,562.0 47,933.3 25,636.8(2) 33.48%
Borrowings .......................................... 23,159.9
37,491.2 29,876.8 22,278.1 16,511.8 7.00%
Stockholders equity ............................ 26,612.4
24,294.1 25,235.2 14,128.9 8,388.2 25.97%
Selected Average Reported
Balances(3):
Loans held for investment....................$ 98,970.9 $ 93,541.8 $ 63,577.3 $ 40,734.2 $ 34,265.7 23.63%
Allowance for loan and lease losses .... 3,266.8 2,182.7 1,791.2 1,482.9 1,473.0 17.27%
Average earning assets......................... 133,083.6
121,420.4 84,086.7 55,537.0 46,655.7 23.32%
Total assets........................................... 156,226.4
144,999.1 95,254.7 61,360.5 50,648.1 25.27%
Interest-bearing deposits ...................... 82,735.6 73,764.9 45,592.4 28,370.7 24,313.3 27.75%
Total deposits....................................... 93,507.6
85,211.6 50,526.8 29,019.7 24,313.3(2) 30.92%
Borrowings .......................................... 31,096.5
30,101.5 24,451.7 18,031.9 15,723.6 14.61%
Stockholders equity ............................ 25,277.8
25,203.1 16,203.4 10,594.3 7,295.5 28.21%
Reported Metrics(3):
Revenue margin ................................... 10.44% 12.01% 14.38% 18.08% 19.08% (11.36)%
Net interest margin............................... 5.37 5.38 6.05 6.63 6.44 (3.56)%
Risk adjusted margin............................ 7.83
10.40 12.71 15.47 16.31 (13.66)%
Delinquency rate.................................. 4.37 3.66 2.74 3.14 3.85 2.57%
Net charge-off rate ............................... 3.51 2.10 2.21 3.55 3.78 (1.42)%
Return on average assets...................... 0.05 1.79 2.55 2.95 3.05 (55.35)%
Return on average equity ..................... 0.33 10.28 14.97 17.08 21.16 (56.38)%
Average equity to average assets ......... 16.18 17.38 17.01 17.27 14.40 2.36%
Non-interest expense as a % of
average loans held for investment(7). 7.48
8.64 10.92 14.04 15.53 (13.60)%
Efficiency ratio (7) ................................. 52.29 54.44 57.42 56.96 59.78 (0.56)
Allowance as a % of loans held for
investment ....................................... 4.48 2.91 2.26 2.99 3.94 2.60%