Top 10 U.S. bank holding company by asset size, with leading market positions in credit card and auto lending, and deposit-taking Enhanced scale and improved business line diversification, reflecting a successful track record in building its franchise Leading marketing and digital infrastructure platform Significant concentration in unsecured consumer lending Meaningful exposure to nonprime consumers Reliance on spread income, with limited contribution from and diversity of noninterest revenues Deposits raised via its online platform that may be less stable through interest rate cycles than branch-originated deposits The stable outlook on Capital One Financial Corp. incorporates S&P Global Ratings' expectations that Cap One's diverse business model, disciplined approach to risk management, and continued positive operating environment will generate stable performance over the
