Who Is Capital One Owned by? (2024)

FAQs

Who is Capital One owned by? ›

The officers and directors of Capital One own 1.29% of the company's stock. The remaining 73.86% of the company's stock is owned by the public through various investment funds, institutional investors, and individual shareholders.

Capital One is an independent bank not owned by any other financial institution. It operates as a publicly traded company headquartered in McLean, Virginia.

By acquiring Discover, Capital One will own one of the biggest payment-processing networks in the country, competing against three larger networks: Visa, MasterCard, and American Express. You can think of a payment processing network as a middleman between the merchant and card issuer.

Capital One is a subsidiary of Capital One Financial Corporation, a U.S.-based bank holding company headquartered in McLean, Virginia and founded in 1994. Capital One has been a subsidiary of Capital One Financial Corporation since it was established as a separate division of the company in 1994.

On December 1, 2017, Memphis, Tennessee-based First Horizon National Corporation completed its $2.2 billion purchase of Capital Bank.

Capital One is an independent publicly traded company. It's a subsidiary of Capital One Financial Corp., which was established in 1994 by Richard Fairbank, the current chairman and CEO.

" Capital One and Chevy Chase Bank share a customer-centric philosophy and a common dedication to personalized service," Pike said. "While the Chevy Chase Bank name will eventually change to Capital One Bank , continuity of service will be key and our shared values will continue to drive the bank."

Your money is safe at Capital One

Capital One, N.A., is a member of the Federal Deposit Insurance Corporation (FDIC), an independent federal agency.

Does Warren Buffett own Capital One? ›

Berkshire Hathaway's Capital One Financial Stake

Warren Buffett's position in Capital One Financial is currently worth $1.7 Billion. That's 0.49% of their equity portfolio (17th largest holding). The investor owns 3.25% of the outstanding Capital One Financial stock.

Capital One has 15 airline transfer partners to choose from. The airline partners are AeroMexico, Air Canada, Air France/KLM, Air Portugal, Avianca, British Airways, Cathay Pacific, Emirates, Etihad, EVA Air, Finnair, Qantas, Singapore Airlines, Turkish Airlines and Virgin Atlantic.

On Feb. 19, 2024, Capital One announced its acquisition of Discover Financial Services for $35.3 billion in a deal that includes Discover's line of credit and debit cards, as well as its payment network.

Capital One's top competitors include Discover, First Republic Bank, and Wintrust Financial. Discover is a financial services company that offers a range of lending products and payment services. The company provides credit cards with rewards, online banking so…

No, Citibank and Capital One are not the same company. Citi and Capital One are completely independent companies, offering different products, operating separate rewards programs, and operating out of headquarters more than 200 miles from each other.

Some may assume Credit One is an offshoot of Capital One, but this isn't the case. Credit One and Capital One are not the same—each are independent financial companies with no direct relation to each other.

In February 2024, Capital One agreed to buy Discover Financial Services for more than $35 billion, in a deal that would unite two of the largest U.S. credit-card companies. The proposed acquisition comes at a time when consumers are shifting more of their payments from cash to credit cards.