This is a routine preferred stock redemption with no direct read-through for COF common stock. Monitor for any subsequent capital actions, such as new preferred issuance or common share buybacks, which could signal capital management strategy. The redemption eliminates a $9.875/share dividend obligation, modestly improving net income available to common shareholders.
Price Chart
Executive Summary
Capital One announced the full redemption of all 1,000,000 outstanding shares of its Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series M, at $1,000 per share on September 1, 2026. This is a routine capital management action that eliminates a fixed-rate preferred dividend obligation, signaling a modest credit-positive event for the company's capital structure. The $1 billion redemption is a certain-present event that reduces preferred equity, but it is a routine call of a single series and does not reflect a change in the company's overall financial health or common stock outlook.
Key Facts
- Capital One will redeem all 1,000,000 outstanding shares of Series M Preferred Stock on September 1, 2026.
- Redemption price is $1,000 per share, totaling $1 billion.
- Regular dividends of $9.875 per share will be paid separately on the redemption date to holders of record as of August 17, 2026.
- The Series M Preferred Stock is a Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP: 14040HCF0).
Financial Impact
$1 billion total redemption of Series M Preferred Stock at $1,000 per share
Risk Factors
- No material risk to common equity; the redemption is a routine capital management event.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-358268 |
| Document: d825041dex991.htm | 0001193125-26-358268 |
| Document: 0001193125-26-358268-index-headers.html | 0001193125-26-358268 |
| Document: 0001193125-26-358268-index.html | 0001193125-26-358268 |
| Document: 0001193125-26-358268.txt | 0001193125-26-358268 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 18d ago | Court Ruling | $206.68 $204.92 | ▼ −0.85% | ▼ −0.96% | $194.72 (−5.79%) |
Aug 31, 2026 4w ago | Court Ruling | $214.51 $213.96 | ▼ −0.26% | ▼ −0.11% | $194.72 (−9.23%) |
Aug 21, 2026 6w ago | Institutional Cluster | $217.91 $215.67 | ▼ −1.03% | ▼ −1.50% | $194.72 (−10.64%) |
Aug 20, 2026 6w ago | 8-K | $212.48 $216.67 | ▲ +1.97% | ▲ +0.86% | $194.72 (−8.36%) |
Aug 18, 2026 6w ago | Insider Cluster | $220.73 $217.21 | ▼ −1.59% | ▼ −1.21% | $194.72 (−11.78%) |
Aug 17, 2026 6w ago | Court Ruling | $221.45 $216.27 | ▼ −2.34% | ▼ −1.15% | $194.72 (−12.07%) |
Aug 17, 2026 6w ago | Insider Cluster | $221.45 $216.27 | ▼ −2.34% | ▼ −1.15% | $194.72 (−12.07%) |
Aug 11, 2026 7w ago | Insider Cluster | $219.15 $221.47 | ▲ +1.06% | ▲ +1.46% | $194.72 (−11.15%) |
Aug 10, 2026 7w ago | Insider Cluster | $219.15 $221.47 | ▲ +1.06% | ▲ +1.46% | $194.72 (−11.15%) |
Aug 6, 2026 8w ago | Court Ruling | $220.00 $223.83 | ▲ +1.74% | ▲ +0.53% | $194.72 (−11.49%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access