Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Capital One Financial Corp.    COF

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Capital One Financial Corp. : Capital One CEO 2012 Compensation $17.5 Million, Down 8.9% From 2011

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/04/2013 | 07:15pm EST
   By Matthias Rieker and Andrew R. Johnson 
 

Capital One Financial Corp. (COF) Chairman and Chief Executive Richard Fairbank received compensation valued at $17.5 million for 2012--including, for the first time in more than a decade, a deferred cash bonus.

Mr. Fairbank's compensation fell 8.9% from a year earlier, when he received $19.2 million, according to filings with the Securities and Exchange Commission.

Mr. Fairbank, who is 62 years old and co-founded Capital One in 1988, hasn't received a cash salary in 16 years. But the board decided to award $2.2 million of the 2012 compensation as deferred cash over three years.

"The majority of Mr. Fairbank's compensation remains at risk and primarily equity-based," a spokeswoman said.

In addition to the deferred cash bonus, Mr. Fairbank received about $11 million in restricted stock units, including performance share awards, and about $4.4 million in stock options.

Capital One's 2012 profit rose 11.8% from 2011, to $3.52 billion.

Capital One's board also added new clawback provisions to executive bonuses granted on Thursday, including Mr. Fairbank's bonus. The board can recover pay if an executive broke the law or violated company policy in a way that caused "significant financial or reputational harm," or even "failed in his or her responsibility to manage or monitor the applicable conduct or risks."

Capital One last year became the sixth-largest U.S. commercial banking company by assets. The bank completed a series of large acquisitions in recent years, most recently buying the U.S. online banking business of ING Groep NV (ING, INGA.AE) and the U.S. credit-card business of HSBC Holdings PLC (HBC, 0005.HK, HSBA.LN). The deals, completed last year, have made it one of the biggest issuers of private-label credit cards and one of the country's largest banks.

Write to Matthias Rieker at matthias.rieker@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CAPITAL ONE FINANCIAL CORP
02/23DJCAPITAL ONE FINANCIAL : Discloses Probe Into Anti-Money Laundering Program -- Up..
02/23DJCAPITAL ONE FINANCIAL : Discloses Probe Into Anti-Money Laundering Program
02/23 CAPITAL ONE FINANCIAL : Management's Discussion and Analysis of Financial Condit..
02/15 CAPITAL ONE FINANCIAL CORP : Regulation FD Disclosure, Financial Statements and ..
02/14 Fed's Yellen defends 'stress test' of Wall Street
02/09 CAPITAL ONE FINANCIAL CORP : Other Events (form 8-K)
02/09 CAPITAL ONE FINANCIAL : Announces Quarterly Dividend
02/09 CAPITAL ONE FINANCIAL CORP. : ex-dividend day
02/06 CAPITAL ONE FINANCIAL CORP : Change in Directors or Principal Officers (form 8-K..
02/02 CAPITAL ONE FINANCIAL : Announces Quarterly Dividend
More news
Sector news : Consumer Credit Card Services
02/15 'More mellow' on Trump; not 'crazy' on Apple - Berkshire's Munger
02/01 JPMorgan changes chief of high-profile card business
01/24DJDISCOVER FINANCIAL SERVICES : Profit Rises on Loan Growth -- Update
01/24DJDISCOVER FINANCIAL SERVICES : Profit Rises on Loan Growth
01/24DJDISCOVER FINANCIAL SERVICES : Profit Rises on Loan Growth
More sector news : Consumer Credit Card Services
News from SeekingAlpha
02/21 More warnings in auto loans
02/19 BANK AUTO LENDING : Regulators Are Worried. Should Investors Be? If So, Which Ba..
02/14 Tracking Ruane, Cunniff, & Goldfarb's Portfolio - Q4 2016 Update
02/09 WALL STREET BREAKFAST : Blow To Health Care Consolidation
02/09 Fiduciary rule still in focus
Advertisement
Financials ($)
Sales 2017 27 346 M
EBIT 2017 11 599 M
Net income 2017 3 761 M
Debt 2017 -
Yield 2017 1,82%
P/E ratio 2017 11,80
P/E ratio 2018 10,50
Capi. / Sales 2017 1,65x
Capi. / Sales 2018 1,56x
Capitalization 45 052 M
More Financials
Chart CAPITAL ONE FINANCIAL CORP
Duration : Period :
Capital One Financial Corp Technical Analysis Chart | COF | US14040H1059 | 4-Traders
Full-screen chart
Technical analysis trends CAPITAL ONE FINAN...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 99,0 $
Spread / Average Target 6,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Richard D. Fairbank Chairman, President & Chief Executive Officer
Richard Scott Blackley Chief Financial Officer
Robert M. Alexander Chief Information Officer
Patrick Walter Gross Independent Director
Ann Fritz Hackett Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CAPITAL ONE FINANCIAL ..7.07%45 052
AMERICAN EXPRESS COMPA..7.80%73 266
CIELO SA1.62%20 611
BLACKHAWK NETWORK HOLD..-0.60%2 099
GREEN DOT CORPORATION13.72%1 450
CPI CARD GROUP INC8.43%249
More Results