Business Context and Reporting Period
This Form 8-K Current Report was filed by Capital One Financial Corporation on September 1, 2021. The report addresses a corporate governance action regarding the company's capital structure, specifically the elimination of a preferred stock series.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a capital structure adjustment rather than periodic financial performance.
Material Changes
- Preferred Stock Redemption: On September 1, 2021, the Company redeemed all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E.
- Corporate Charter Amendment: The Company filed a Certificate of Elimination with the Delaware Secretary of State to remove all matters related to the Series E Preferred Stock from its Restated Certificate of Incorporation.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. The document is a procedural notification of the completed redemption and the associated amendment to the Articles of Incorporation.
Investor Verification Checklist
- Confirm the full redemption of Series E Preferred Stock occurred on September 1, 2021.
- Verify the filing of the Certificate of Elimination with the State of Delaware.
- Review the attached Exhibit 3.1 for the specific terms of the elimination.
- Note that this filing does not impact the trading status of the Company's Common Stock (COF) or other active preferred series (Series G through N).