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
02/05/2013 | 01:15am CEST
   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 [email protected]

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
04/26 CAPITAL ONE FINANCIAL CORP. (NYSE : COF) reported earnings of $1.75 per share mi..
04/25DJCAPITAL ONE FINANCIAL : Earnings Fall as Charge-Offs Increase
04/25 CAPITAL ONE FINANCIAL : misses Street 1Q forecasts
04/25 CAPITAL ONE FINANCIAL CORPORATION (N : COF) Files An 8-K Results of Operations a..
04/25 CAPITAL ONE FINANCIAL : Reports First Quarter 2017 Net Income of $810 million, o..
04/25 CAPITAL ONE FINANCIAL CORP : Results of Operations and Financial Condition, Fina..
04/18DJCabela's Sale Clears a Hurdle -- WSJ
04/17 CAPITAL ONE FINANCIAL : Cabela's Enters into Revised Transaction Agreements in C..
04/17DJSynovus Agrees to Buy Cabela's Banking Assets -- Update
04/17DJSynovus Agrees to Buy Cabela's Banking Assets
More news
Sector news : Consumer Credit Card Services
04/27 Goldman hopes high rates will lure consumers to online bank
04/20DJCOSTCO WHOLESALE : AmEx Feels Loss of Relationship With Costco -- WSJ
04/20DJAMERICAN EXPRESS : New Rival for Sapphire Reserve, Platinum Rewards Cards
04/20 AmEx profit beats as higher spending blunts partnership losses
04/20 AmEx profit beats as higher spending blunts partnership losses
More sector news : Consumer Credit Card Services
News from SeekingAlpha
04/26 More pressure on used car prices as lenders pull back
04/25 Capital One Financial Corporation 2017 Q1 - Results - Earnings Call Slides
04/25 Capital One -4.6 on miss; credit metrics deteriorate
04/25 Capital One Financial lower 4.2% on earnings miss
04/24 Notable earnings after Tuesday?s close
Advertisement
Financials ($)
Sales 2017 27 061 M
EBIT 2017 11 966 M
Net income 2017 3 665 M
Debt 2017 -
Yield 2017 2,06%
P/E ratio 2017 10,97
P/E ratio 2018 9,57
Capi. / Sales 2017 1,47x
Capi. / Sales 2018 1,39x
Capitalization 39 732 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
TrendsBearishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 96,9 $
Spread / Average Target 18%
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 ..-5.65%39 732
AMERICAN EXPRESS COMPA..8.44%72 290
BLACKHAWK NETWORK HOLD..9.36%2 321
GREEN DOT CORPORATION46.54%1 712
CPI CARD GROUP INC-14.46%197
CONSUMER PORTFOLIO SER..-3.91%116
More Results