Capital One announces redemption of Series M preferred stock
All outstanding shares will be redeemed at $1,000 per share with separate dividend payments on September 1, 2026.
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Banking and financial services provider
capitalone.comLast updated
In short: Capital One reported $3 billion in Q2 net income and defended its decision to close Donald Trump's accounts citing AML concerns.
All outstanding shares will be redeemed at $1,000 per share with separate dividend payments on September 1, 2026.
Total net revenue increased 4% to $15.9 billion, with strong credit performance and ongoing Discover integration.
The Federal Reserve maintained the company's stress capital buffer at 4.5% through September 2027.
Declares $0.80 per common share, payable June 1, 2026, to stockholders of record May 19, 2026. Also declares dividends on multiple preferred stock series.
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