← The catalogue
Q2 2026 · read from the 30 June 2026 Call Report · United States · Southeast · Virginia, the state note

Capital One National Association

Mclean, Virginia · $662.16B in assets · beside the 5 other Virginia banks over $10B

The filing

1.49%
NPA / loans
6th of 6
+2.2%
Loans, year over year
5th of 6, largest first
5.0%
CRE / loans
2nd of 6

Capital One National Association is the largest of the 6 Virginia banks over $10B, with $662.16B in assets at 30 June 2026. Loans are 89.2% of deposits, 4th of 6 against a median of 89.1%, and equity is 14.9% of assets, 3rd of 6. Loans grew +2.2% in the year, 5th of 6, and deposits grew 3.0%; the cohort's median loan growth is +4.4%.

Noncurrent loans are 1.49% of the book, the highest in the cohort against a median of 0.85%; 2.01% is 30 to 89 days past due, and the allowance covers them 3.4 times. Net charge-offs are 3.27% of loans, the highest in the cohort. Commercial real estate is 5.0% of loans, 2nd of 6 against a median of 41.1%, and 30% of capital, below the 300% screen, with construction at 3% against the 100% screen.

Return on assets is 1.64%, 2nd of 6 against a median of 1.58%, on an efficiency ratio of 53.7%, 3rd of 6. Five years ago it was 1.52%. The question is where the nonperforming loans sit by category, and whether the allowance and the capital behind them hold under a loss path.

Nonperforming loans, share of loansVA banks over $10B · 30 June 2026 · lower is stronger, listed first
median 0.85% T Townebank 0.22% UB United Bank 0.44% AU Atlantic Union Bank 0.50% BH Burke & Herbert Bank & Trust Co. 1.19% HB HSBC Bank USA National Association 1.45% CO Capital One National Association 1.49%
Loans, year over yearVA banks over $10B · 30 June 2026 · no better direction, largest first
median +4.4% BH Burke & Herbert Bank & Trust Co. +43.1% T Townebank +22.9% AU Atlantic Union Bank +4.9% UB United Bank +3.9% CO Capital One National Association +2.2% HB HSBC Bank USA National Association -4.5%

SBA 7(a), FY2008 to FY2026

Capital One National Association is the 30th largest 7(a) lender into Texas of 706, with $317M across 501 loans, 0.7% of everything approved in the state (Live Oak Banking Company leads with $2.53B). 544 of its 623 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Texas, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Harris, TX$79M26th of 3141.0%+0.4 pts
Suffolk, NY$44M8th of 1742.5%+0.1 pts
Collin, TX$41M14th of 2611.5%+1.6 pts
Travis, TX$33M17th of 2391.3%+0.6 pts
Fort Bend, TX$27M18th of 1801.7%+1.1 pts
Queens, NY$26M15th of 1551.4%+1.7 pts
New York, NY$25M26th of 2080.9%thin
Nassau, NY$25M15th of 1711.5%+0.0 pts
Fairfax, VA$21M15th of 1691.7%-1.3 pts
Jefferson, LA$21M5th of 845.2%quiet FY2020
Dallas, TX$20M63rd of 3140.4%-0.1 pts
Tarrant, TX$20M43rd of 2810.5%-0.8 pts
Maricopa, AZ$19M61st of 3030.2%thin
610 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Health care & social assistance314$203M20.4%0.43%44th of 2,172
Accommodation & food services235$142M14.3%0.19%116th of 2,596
Professional & technical services503$104M10.5%0.32%44th of 1,955
Retail trade360$81M8.1%0.13%128th of 2,589
Construction421$81M8.1%0.25%69th of 2,063
7(a) lenders into Texas, share of approvals since FY2008706 lenders on record; the ten largest and Capital One National Association
LO Live Oak Banking Company 5.8% $2.53B · 1,820 loans TH The Huntington National Bank 5.2% $2.28B · 3,585 loans WF Wells Fargo Bank National Associa… 4.6% $2.02B · 7,244 loans PB PNC Bank, National Association 3.9% $1.70B · 8,154 loans JC JPMorgan Chase Bank, National Ass… 3.4% $1.49B · 7,339 loans WB Wallis Bank 3.2% $1.41B · 1,134 loans CB Celtic Bank Corporation 2.0% $879M · 1,359 loans Bo Bank of Hope 1.7% $741M · 1,359 loans RL Readycap Lending, LLC 1.7% $728M · 1,216 loans EB Enterprise Bank & Trust 1.6% $717M · 569 loans CO Capital One National Association 0.7% $317M · 501 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; owner-occupied excluded; bold marks a screen met
Capital One National AssociationRankCohort median
Total CRE against capital, the 300% screen30%2nd of 6257%
Construction against capital, the 100% screen3%2nd of 639%
Construction and land development, share of loans0.4%2nd of 66.1%
Non-owner-occupied nonfarm nonresidential, share of loans3.1%2nd of 625.2%
Total CRE, the guidance definition, share of loans5.0%2nd of 641.1%
CRE growth over 36 months, the third prong-21.7%2nd of 6+30.7%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
Capital One National Association$662.16B1.6%53.7%1.49%3.27%5.0%89.2%14.9%
HSBC Bank USA National Association$173.10B1.0%55.4%1.45%0.16%0.6%39.2%9.6%
Atlantic Union Bank$38.02B1.6%50.4%0.50%0.02%1.0%93.8%15.2%
United Bank$33.64B1.5%46.3%0.44%0.09%1.2%91.6%16.7%
Townebank$22.62B2.1%57.8%0.22%0.10%1.3%82.2%13.2%
Burke & Herbert Bank & Trust Co.$10.98B0.9%69.0%1.19%0.03%1.2%88.9%12.1%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
Capital One National AssociationCohort median
20212026Change20212026Change
Loans$167.31B$457.43B+173%$15.60B$26.86B+72%
Deposits$306.94B$512.60B+67%$19.25B$28.96B+50%
NPA / loans0.73%1.49%+0.76 pts0.62%0.85%+0.23 pts
Efficiency70.8%53.7%-17.1 pts64.8%54.5%-10.3 pts
ROA1.52%1.64%+0.12 pts1.49%1.58%+0.09 pts

This read was prepared for Capital One National Association's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on Capital One National Association is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort VA banks over $10B
Institution www.capitalone.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by state and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
← Back to the catalogue