Exhibit 99.1

CAPITAL ONE FINANCIAL CORPORATION (COF)

FINANCIAL & STATISTICAL SUMMARY REPORTED BASIS

(in millions, except per share data and as noted)	2006 Q4			2006 Q3(11)			2006 Q2			2006 Q1			2005 Q4
Earnings (Reported Basis)
Net Interest Income	$	1,401.2		$	1,294.5		$	1,197.1		$	1,206.9		$	1,037.0
Non-Interest Income		1,667.2	(2)		1,761.4	(2)		1,709.9	(2)		1,858.3			1,665.5	(1)
Total Revenue(4)		3,068.4			3,055.9			2,907.0			3,065.2	(3)		2,702.5
Provision for Loan Losses		513.2			430.6			362.4			170.3	(3)		565.7
Marketing Expenses		395.7			368.5			356.7			323.8			447.4
Operating Expenses		1,590.5			1,358.1			1,324.2			1,249.7			1,241.7	(5)
Income Before Taxes		569.0			898.7			863.7			1,321.4			447.7
Tax Rate(6)		31.3	%		34.6	%		36.0	%		33.2	%		37.3	%
Net Income	$	390.7		$	587.8		$	552.6		$	883.3		$	280.3
Common Share Statistics
Basic EPS	$	1.16		$	1.95		$	1.84		$	2.95		$	1.01
Diluted EPS	$	1.14		$	1.89		$	1.78		$	2.86		$	0.97
Dividends Per Share	$	0.03		$	0.03		$	0.03		$	0.03		$	0.03
Book Value Per Share (period end)	$	61.56		$	54.79		$	52.31		$	50.06		$	46.97
Stock Price Per Share (period end)	$	76.82		$	78.66		$	85.45		$	80.52		$	86.40
Total Market Capitalization (period end)	$	31,488.5		$	23,944.1		$	25,968.3		$	24,397.6		$	25,989.1
Shares Outstanding (period end)		409.9			304.4			303.9			303.0			300.8
Shares Used to Compute Basic EPS		336.5			301.6			300.8			299.3			278.8
Shares Used to Compute Diluted EPS		343.8			310.4			310.0			309.1			287.7
Reported Balance Sheet Statistics (period avg.)
Average Loans Held for Investment	$	74,738		$	62,429		$	58,833		$	58,142		$	48,701
Average Earning Assets(7)	$	99,416		$	81,311		$	79,266		$	78,332		$	66,780
Average Assets	$	113,890		$	92,295		$	89,644		$	88,895		$	74,443
Average Interest Bearing Deposits	$	53,735		$	42,984		$	42,797		$	43,357		$	34,738
Average Non-Interest Bearing Deposits	$	6,647		$	4,212		$	4,412		$	4,514		$	2,356
Average Equity	$	18,311		$	16,310		$	15,581		$	14,612		$	12,528
Return on Average Assets (ROA)		1.37	%		2.55	%		2.47	%		3.97	%		1.51	%
Return on Average Equity (ROE)		8.53	%		14.42	%		14.19	%		24.18	%		8.95	%
Reported Balance Sheet Statistics (period end)
Loans Held for Investment	$	96,512		$	63,612		$	60,603		$	58,119		$	59,848
Total Assets	$	149,996		$	94,907		$	89,530		$	89,273		$	88,701
Held for Investment Loan Growth Q Over Q	$	32,900		$	3,009		$	2,484		$	(1,729	)	$	20,996
% Held for Investment Loan Growth Y Over Y		61	%		64	%		57	%		53	%		57	%
Revenue & Expense Statistics (Reported)
Net Interest Income Growth (annualized)		33	%		33	%		(3	)%		66	%		56	%
Non Interest Income Growth (annualized)		(21	)%		12	%		(32	)%		46	%		18	%
Revenue Growth (annualized)		2	%		20	%		(21	)%		54	%		32	%
Net Interest Margin		5.64	%		6.37	%		6.04	%		6.16	%		6.21	%
Revenue Margin		12.35	%		15.03	%		14.67	%		15.65	%		16.19	%
Risk Adjusted Margin (10)		10.56	%		13.22	%		13.18	%		14.12	%		13.49	%
Operating Expense as a % of Revenues		51.83	%		44.44	%		45.55	%		40.77	%		45.95	%
Operating Expense as a % of Avg Loans (annualized)		8.51	%		8.70	%		9.00	%		8.60	%		10.20	%
Asset Quality Statistics (Reported)
Allowance	$	2,180		$	1,840		$	1,765		$	1,675		$	1,790
30+ Day Delinquencies	$	2,648		$	2,060		$	1,772		$	1,559		$	1,879
Net Charge-Offs	$	443		$	369		$	296		$	301		$	451
Allowance as a % of Reported Loans		2.26	%		2.89	%		2.91	%		2.88	%		2.99	%
Delinquency Rate (30+ days)		2.74	%		3.24	%		2.92	%		2.68	%		3.14	%
Net Charge-Off Rate		2.37	%		2.36	%		2.01	%		2.07	%		3.70	%

CAPITAL ONE FINANCIAL CORPORATION (COF)

FINANCIAL & STATISTICAL SUMMARY MANAGED BASIS (*)

(in millions)	2006 Q4			2006 Q3(11)			2006 Q2			2006 Q1			2005 Q4
Earnings (Managed Basis)
Net Interest Income	$	2,347.3		$	2,217.8		$	2,140.8		$	2,235.0		$	2,075.2
Non-Interest Income		1,206.0	(2)		1,275.4	(2)		1,199.4	(2)		1,222.2			1,243.4	(1)
Total Revenue(4)		3,553.3			3,493.2			3,340.2			3,457.2	(3)		3,318.6
Provision for Loan Losses		998.1			867.9			795.6			562.3	(3)		1,181.8
Marketing Expenses		395.7			368.5			356.7			323.8			447.4
Operating Expenses		1,590.5			1,358.1			1,324.2			1,249.7			1,241.7	(5)
Income Before Taxes		569.0			898.7			863.7			1,321.4			447.7
Tax Rate(6)		31.3	%		34.6	%		36.0	%		33.2	%		37.3	%
Net Income	$	390.7		$	587.8		$	552.6		$	883.3		$	280.3
Managed Balance Sheet Statistics (period avg.)
Average Loans Held for Investment	$	123,902		$	110,512		$	106,090		$	104,610		$	94,241
Average Earning Assets(7)	$	146,680		$	127,616		$	124,307		$	122,587		$	110,253
Average Assets	$	162,396		$	139,833		$	136,351		$	134,797		$	119,406
Return on Average Assets (ROA)		0.96	%		1.68	%		1.62	%		2.62	%		0.94	%
Managed Balance Sheet Statistics (period end)
Loans Held for Investment	$	146,151		$	112,239		$	108,433		$	103,907		$	105,527
Total Assets	$	198,902		$	142,977		$	136,819		$	134,530		$	133,786
Held for Investment Loan Growth Q Over Q	$	33,912		$	3,806		$	4,526		$	(1,620	)	$	20,759
% Held for Investment Loan Growth Y over Y		38	%		32	%		31	%		27	%		32	%
Tangible Assets (8)	$	184,007		$	138,673		$	132,527		$	130,211		$	129,484
Tangible Capital (9)	$	11,964		$	13,514		$	12,094		$	11,016		$	9,994
Tangible Capital to Tangible Assets Ratio		6.50	%		9.75	%		9.13	%		8.46	%		7.72	%
% Off-Balance Sheet Securitizations		34	%		43	%		44	%		44	%		43	%
Revenue & Expense Statistics (Managed)
Net Interest Income Growth (annualized)		23	%		14	%		(17	)%		31	%		30	%
Non Interest Income Growth (annualized)		(22	)%		25	%		(7	)%		(7	)%		52	%
Revenue Growth (annualized)		7	%		18	%		(14	)%		17	%		38	%
Net Interest Margin		6.40	%		6.95	%		6.89	%		7.29	%		7.53	%
Revenue Margin		9.69	%		10.95	%		10.75	%		11.28	%		12.04	%
Risk Adjusted Margin (10)		7.16	%		8.42	%		8.40	%		9.02	%		8.17	%
Operating Expense as a % of Revenues		44.76	%		38.88	%		39.64	%		36.15	%		37.42	%
Operating Expense as a % of Avg Loans (annualized)		5.13	%		4.92	%		4.99	%		4.78	%		5.27	%
Asset Quality Statistics (Managed)
30+ Day Delinquencies	$	4,414		$	3,693		$	3,306		$	3,039		$	3,424
Net Charge-Offs	$	927		$	806		$	729		$	693		$	1,067
Delinquency Rate (30+ days)		3.02	%		3.29	%		3.05	%		2.92	%		3.24	%
Net Charge-Off Rate		2.99	%		2.92	%		2.75	%		2.65	%		4.53	%

(*) The information in this statistical summary reflects the adjustment to add back the effect of securitization transactions qualifying as sales under generally accepted accounting principles. See accompanying schedule - “Reconciliation to GAAP Financial Measures”.

CAPITAL ONE FINANCIAL CORPORATION (COF)

FINANCIAL & STATISTICAL SUMMARY NOTES

(1) Includes a $34 million gain from the sale of previously purchased charged-off loan portfolios.

(2) Includes a $20.5 million gain in Q2 2006 as a result of the MasterCard, Inc. initial public offering and losses of $20.8 million in Q2 2006, $9.4 million in Q3 2006 and $19.9 million in Q4 2006 related to the derivative entered into in April 2006 to mitigate certain exposures we faced as a result of our acquisition of North Fork.

(3) Includes the impact of the sale of charged-off loans resulting in an increase of $76.8 million on reported basis and $66.4 million on managed basis, respectively, to various revenue line items, the majority of which was recorded to other non-interest income and a reduction of $7 million on reported basis and $17.4 million on managed basis, respectively, to the provision for loan losses through an increase in recoveries for the sale of charged-off loans originated by the Company.

(4) In accordance with the Company’s finance charge and fee revenue recognition policy, the amounts billed to customers but not recognized as revenue were as follows: Q4 2006 - $248.3, Q3 2006 - $226.3, Q2 2006 - $215.0, Q1 2006 - $170.9 and Q4 2005 - $227.9.

(5) Includes a $28.2 million impairment charge related to our insurance business in Global Financial Services and a $20.6 million prepayment penalty for the refinancing of the McLean Headquarters facility.

(6) Includes resolution of IRS tax issues resulting in reduction of tax expense as follows: Q4 2006 - $28.8 million, Q3 2006 - $18.7 million, Q2 - $10.7 million and Q1 - $34.9 million.

(7) Prior quarter data has been updated to include Average Mortgage Loans Held for Sale.

(8) Includes managed assets less intangible assets.

(9) Includes stockholders’ equity and preferred interests less intangible assets. Tangible Capital on a reported and managed basis is the same.

(10) Risk adjusted margin is total revenue less net charge-offs as a percentage of average earning assets.

(11) Subsequent to the Company’s Form 8-K filing dated October 18, 2006, two balances on the Balance Sheet have been adjusted. Interest-bearing deposits at other banks and Non-interest bearing deposits have been revised, as well as the related metrics impacted by the decrease in earning assets. This adjustment, reflected in the Form 10-Q, increased reported and managed return on assets, net interest margin, revenue margin and net interest spread.

CAPITAL ONE FINANCIAL CORPORATION (COF)

IMPACT OF NORTH FORK BANCORPORATION (NFB) ACQUISITION

	Q4 2006												2006
(in millions, except per share data and as noted)	COF			NFB (1)			Adjustments (2)			COF w/out NFB			COF			NFB (1)			Adjustments (2)			COF w/out NFB
Earnings (Reported Basis)
Total Revenue	$	3,068.4		$	160.1		$	(61.0	)	$	2,969.3		$	12,096.4		$	160.1		$	(104.4	)	$	12,040.7
Provision for Loan Losses		513.2			3.5			—			509.7			1,476.4			3.5			—		$	1,472.9
Total Non-interest Expense		1,986.2			98.9			3.9			1,883.4			6,967.2			98.9			4.9		$	6,863.4
Net Income	$	390.7		$	37.5		$	(42.8	)	$	396.0		$	2,414.5		$	37.5		$	(72.2	)	$	2,449.2
Common Share Statistics
Diluted EPS	$	1.14								$	1.28		$	7.62								$	7.94
Shares Used to Compute Diluted EPS		343.8									309.7			317.0									308.4
Reported Balance Sheet Statistics (period end)
Liquidity Portfolio (3)	$	27,967		$	13,554		$	14		$	14,399		$	27,967		$	13,554		$	14		$	14,399
Loans Held for Investment	$	96,512		$	31,741					$	64,771		$	96,512		$	31,741					$	64,771
Less: Allowance for loan losses	$	(2,180	)	$	(222	)				$	(1,958	)	$	(2,180	)	$	(222	)				$	(1,958	)
Net Loans Held for Investment	$	94,332		$	31,519					$	62,813		$	94,332		$	31,519					$	62,813
Goodwill	$	13,635		$	9,714					$	3,921		$	13,635		$	9,714					$	3,921
Core deposit intangible	$	1,318		$	938					$	380		$	1,318		$	938					$	380
Total Assets	$	149,996		$	58,744		$	347		$	90,905		$	149,996		$	58,744		$	347		$	90,905
Deposits (4)	$	85,771		$	38,544					$	47,227		$	85,771		$	38,544					$	47,227
Debt (5)	$	33,982		$	4,878		$	5,528		$	23,576		$	33,982		$	4,878		$	5,528		$	23,576
Return on Average Assets (ROA) (period avg.)
ROA (Reported)		1.37	%								1.69	%		2.51	%								2.69	%
ROA (Managed)		0.96	%								1.11	%		1.69	%								1.77	%
Managed Balance Sheet Statistics (period end)
Loans Held for Investment	$	146,151		$	31,741					$	114,410		$	146,151		$	31,741					$	114,410
Revenue & Expense Statistics
Revenue Margin (Reported)		12.35	%								14.16	%		14.31	%								14.94	%
Revenue Margin (Managed)		9.69	%								10.54	%		10.63	%								10.91	%
Asset Quality Statistics
Delinquency Rate (30+ days) (Reported)		2.74	%								3.77	%		2.74	%								3.77	%
Delinquency Rate (30+ days) (Managed)		3.02	%								3.68	%		3.02	%								3.68	%
Net Charge-Off Rate (Reported)		2.37	%								2.72	%		2.21	%								2.30	%
Net Charge-Off Rate (Managed)		2.99	%								3.25	%		2.84	%								2.90	%

(1) Includes the stand alone assets and liabilities of North Fork as of December 31, 2006, and the stand alone income and expenses of North Fork for the period December 1, 2006 through December 31,2006. These results include the impact of core deposit amortization and exclude the gain on sale of mortgage loans that were marked to market as a result of the acquisition.

(2) Income statement adjustments include interest expense on debt issued partially offset by income on the related liquidity portfolio, swaption expense, and North Fork integration charges. Balance sheet adjustments include assets and liabilities held by the parent of North Fork at acquisition and additional debt incurred to finance the acquisition.

(3) Includes federal funds sold and resale agreements, interest-bearing deposits at other banks, securities available for sale and mortgage loans held for sale.

(4) Includes non-interest bearing and interest-bearing deposits.

(5) Includes senior and subordinated notes and other borrowings.

CAPITAL ONE FINANCIAL CORPORATION (COF)

SEGMENT FINANCIAL & STATISTICAL SUMMARY - MANAGED BASIS ⁽¹⁾

(in thousands)	2006 Q4			2006 Q3			2006 Q2			2006 Q1			2005 Q4
Segment Statistics
US Card:
Interest Income	$	1,795,345		$	1,734,459		$	1,628,144		$	1,714,559		$	1,665,450
Interest Expense		600,821			554,708			507,722			493,458			481,656
Net interest income	$	1,194,524		$	1,179,751		$	1,120,422		$	1,221,101		$	1,183,794
Non-interest income		795,881			881,304			803,083			775,413			844,286
Provision for loan losses		554,698			451,782			413,701			224,438			767,103
Non-interest expenses		916,963			899,062			860,874			844,729			892,521
Income tax provision (benefit)		181,561			248,574			227,125			324,573			131,415
Net income (loss)	$	337,183		$	461,637		$	421,805		$	602,774		$	237,041
Loans Held for Investment	$	53,623,680		$	51,127,654		$	48,736,483		$	47,142,650		$	49,463,522
Average loans Held for Investment	$	51,686,135		$	50,131,562		$	47,856,045		$	48,217,926		$	46,857,527
Loan Yield		13.89	%		13.84	%		13.61	%		14.22	%		14.22	%
Net charge-off rate		3.82	%		3.39	%		3.29	%		2.93	%		5.70	%
Delinquency Rate (30+ days)		3.74	%		3.53	%		3.30	%		3.31	%		3.44	%
Core Deposits (5)		—			131,772			131,772			138,722			N/A
Total Deposits		—			131,772			131,772			138,722			N/A
Purchase Volume (2)	$	22,782,451		$	21,450,024		$	20,878,732		$	18,015,669		$	21,209,357
Number of Accounts (000s)		37,630			37,483			37,199			37,258			37,645
Auto Finance:
Interest Income	$	610,381		$	591,711		$	563,734		$	536,657		$	465,124
Interest Expense		242,311			227,053			207,497			187,827			151,100
Net interest income	$	368,070		$	364,658		$	356,237		$	348,830		$	314,024
Non-interest income		(2,970	)		4,846			13,839			391			(1,358	)
Provision for loan losses		151,171			161,145			74,714			107,805			161,651
Non-interest expenses		162,022			154,014			149,115			134,655			138,412
Income tax provision (benefit)		18,167			19,021			51,186			37,366			4,512
Net income (loss)	$	33,740		$	35,324		$	95,061		$	69,395		$	8,091
Loans Held for Investment	$	21,751,827		$	21,158,797		$	20,558,455		$	19,848,190		$	16,372,019
Average loans Held for Investment	$	21,498,205		$	20,812,533		$	20,187,631		$	19,440,128		$	16,095,793
Loan Yield		11.36	%		11.37	%		11.17	%		11.04	%		11.56	%
Net charge-off rate		2.85	%		2.34	%		1.54	%		2.35	%		3.32	%
Delinquency Rate (30+ days)		6.35	%		5.18	%		4.55	%		3.57	%		5.71	%
Core Deposits (5)		6,061			5,818			7,200			9,586			N/A
Total Deposits		6,061			5,818			7,200			9,586			N/A
Auto Loan Originations (3)	$	3,078,877		$	3,158,481		$	3,107,409		$	2,940,540		$	2,563,372
Number of Accounts (000s)		1,589			1,558			1,525			1,480			1,438
Global Financial Services:
Interest Income	$	793,400		$	768,262		$	725,256		$	692,246		$	681,624
Interest Expense		319,974			307,518			279,804			253,997			249,289
Net interest income	$	473,426		$	460,744		$	445,452		$	438,249		$	432,335
Non-interest income		295,216			311,439			297,080			283,352			250,349
Provision for loan losses		304,968			249,448			296,614			217,365			263,664
Non-interest expenses		455,538			358,806			365,149			330,172			410,670
Income tax provision (benefit)		6,040			56,771			29,614			60,520			1,299
Net income (loss)	$	2,096		$	107,158		$	51,155		$	113,544		$	7,051
Loans Held for Investment	$	26,983,673		$	26,623,519		$	25,935,716		$	23,732,515		$	23,386,490
Average loans Held for Investment	$	26,697,140		$	26,364,992		$	24,910,879		$	23,668,326		$	23,129,203
Loan Yield (4)		11.80	%		11.58	%		11.58	%		11.64	%		11.74	%
Net charge-off rate		3.89	%		3.70	%		3.90	%		3.63	%		4.33	%
Delinquency Rate (30+ days)		2.97	%		2.86	%		2.82	%		2.90	%		2.83	%
Core Deposits (5)		—			12			12			13			N/A
Total Deposits		2,377,841			2,324,351			2,295,707			2,269,358			N/A
Number of Accounts (000s)		10,155			10,135			10,130			10,013			9,928

(1) The information in this statistical summary reflects the adjustment to add back the effect of securitization transactions qualifying as sales under generally accepted accounting principles. See accompanying schedule - “Reconciliation to GAAP Financial Measures”.

(2) Includes all purchase transactions net of returns and excludes cash advance transactions.

(3) Includes all organic auto loan originations and excludes auto loans added through acquisitions.

(4) Excludes “GFS - Home Loans Originations” and “GFS - Settlement Services” from Other Interest Income.

(5) Includes domestic non-interest bearing deposits, NOW accounts, money market deposit accounts, savings accounts, certificates of deposit of less than $100,000 and other consumer time deposits.

CAPITAL ONE FINANCIAL CORPORATION (COF)

SEGMENT FINANCIAL & STATISTICAL SUMMARY - MANAGED BASIS ⁽¹⁾ CONTINUED

(in thousands)	2006 Q4			2006 Q3			2006 Q2			2006 Q1			2005 Q4
Segment Statistics
Banking:
Interest Income	$	721,102		$	719,207		$	682,679		$	650,985
Interest Expense		476,523			461,009			433,451			406,061
Net interest income	$	244,579		$	258,198		$	249,228		$	244,924
Non-interest income		112,021			115,526			114,039			104,485
Provision for loan losses		(21,549	)		5,495			6,632			9,821
Non-interest expenses		307,810			297,080			289,996			272,987
Income tax provision (benefit)		24,619			24,902			23,324			23,310
Net income (loss)	$	45,720		$	46,247		$	43,315		$	43,291
Loans Held for Investment	$	12,145,533		$	13,326,088		$	13,189,112		$	13,169,792
Average loans Held for Investment	$	13,330,876		$	13,171,414		$	13,115,534		$	13,283,515
Loan Yield		7.98	%		8.02	%		7.63	%		7.38	%
Net charge-off rate		0.40	%		0.48	%		0.45	%		0.38	%
Delinquency Rate (30+ days)		0.31	%		0.36	%		0.38	%		0.75	%
Core Deposits(2)		27,071,324			26,997,345			27,857,265			27,996,290
Total Deposits		35,334,610			35,163,849			35,281,970			35,396,221
Number of Active ATMs		661			623			586			542
Number of locations(3)		358			342			325			317
Other:(4)
Net interest income	$	66,657		$	(45,529	)	$	(30,510	)	$	(18,134	)	$	145,043
Non-interest income		5,906			(37,706	)		(28,709	)		58,553			150,153
Provision for loan losses		8,840			27			3,950			2,877			(10,631	)
Non-interest expenses		143,855			17,667			15,763			(9,064	)		247,583
Income tax provision (benefit)		(52,121	)		(38,402	)		(20,183	)		(7,729	)		30,109
Net income (loss)	$	(28,011	)	$	(62,527	)	$	(58,749	)	$	54,335		$	28,135
Loans Held for Investment	$	31,646,555		$	2,488		$	13,673		$	13,629		$	16,305,460
Core Deposits (2)		42,819,710			7,301,435			5,889,261			5,990,673			N/A
Total Deposits		48,052,380			9,987,360			9,470,164			9,985,600			N/A
Total:
Interest Income	$	3,931,054		$	3,595,874		$	3,414,411		$	3,436,829		$	3,175,960
Interest Expense	$	1,583,798			1,378,052			1,273,582			1,201,859			1,100,764
Net interest income	$	2,347,256		$	2,217,822		$	2,140,829		$	2,234,970		$	2,075,196
Non-interest income		1,206,054			1,275,409			1,199,332			1,222,194			1,243,430
Provision for loan losses		998,128			867,897			795,611			562,306			1,181,787
Non-interest expenses		1,986,188			1,726,629			1,680,897			1,573,479			1,689,186
Income tax provision (benefit)		178,266			310,866			311,066			438,040			167,335
Net income (loss)	$	390,728		$	587,839		$	552,587		$	883,339		$	280,318
Loans Held for Investment	$	146,151,268		$	112,238,546		$	108,433,439		$	103,906,776		$	105,527,491
Core Deposits(2)		69,897,095			34,436,382			33,885,510			34,135,284			N/A
Total Deposits		85,770,892			47,613,150			47,186,813			47,779,465			N/A

(1) The information in this statistical summary reflects the adjustment to add back the effect of securitization transactions qualifying as sales under generally accepted accounting principles. See accompanying schedule - “Reconciliation to GAAP Financial Measures”.

(2) Includes domestic non-interest bearing deposits, NOW accounts, money market deposit accounts, savings accounts, certificates of deposit of less than $100,000 and other consumer time deposits.

(3) Q4: Number of locations includes 344 branches and 14 other customer centers and excludes 7 branches that remain closed due to hurricane damage. Q3: Number of locations includes 329 branches and 13 other customer centers and excludes 7 branches that remain closed due to hurricane damage. Q2: Number of locations includes 312 branches and 13 other customer centers and excludes 16 branches that remain closed due to hurricane damage. Q1: Number of locations includes 303 branches and 14 other customer centers and excludes 18 branches that remain closed due to hurricane damage.

(4) Q4 2005 includes the acquisition of Hibernia and Q4 2006 includes the acquisition of North Fork.

CAPITAL ONE FINANCIAL CORPORATION

Reconciliation to GAAP Financial Measures

For the Three Months Ended December 31, 2006

(dollars in thousands)(unaudited)

The Company’s consolidated financial statements prepared in accordance with generally accepted accounting principles (“GAAP”) are referred to as its “reported” financial statements. Loans included in securitization transactions which qualified as sales under GAAP have been removed from the Company’s “reported” balance sheet. However, servicing fees, finance charges, and other fees, net of charge-offs, and interest paid to investors of securitizations are recognized as servicing and securitizations income on the “reported” income statement.

The Company’s “managed” consolidated financial statements reflect adjustments made related to effects of securitization transactions qualifying as sales under GAAP. The Company generates earnings from its “managed” loan portfolio which includes both the on-balance sheet loans and off-balance sheet loans. The Company’s “managed” income statement takes the components of the servicing and securitizations income generated from the securitized portfolio and distributes the revenue and expense to appropriate income statement line items from which it originated. For this reason the Company believes the “managed” consolidated financial statements and related managed metrics to be useful to stakeholders.

	Total Reported		Adjustments(1)			Total Managed(2)
Income Statement Measures
Net interest income	$	1,401,156	$	946,100		$	2,347,256
Non-interest income	$	1,667,183	$	(461,129	)	$	1,206,054
Total revenue	$	3,068,339	$	484,971		$	3,553,310
Provision for loan losses	$	513,157	$	484,971		$	998,128
Net charge-offs	$	442,521	$	484,971		$	927,492
Balance Sheet Measures
Loans Held for Investment	$	96,512,139	$	49,639,129		$	146,151,268
Total assets	$	149,995,737	$	48,905,780		$	198,901,517
Average loans Held for Investment	$	74,737,753	$	49,164,207		$	123,901,960
Average earning assets	$	99,415,904	$	47,264,449		$	146,680,353
Average total assets	$	113,889,864	$	48,506,384		$	162,396,248
Delinquencies	$	2,648,403	$	1,765,642		$	4,414,045

⁽¹⁾ Income statement adjustments reclassify the net of finance charges of $1,422.4 million, past-due fees of $216.1 million, and interest expense of $692.4 million; and net charge-offs of $485.0 million from Non-interest income to Net interest income and Provision for loan losses, respectively.

⁽²⁾ The managed loan portfolio does not include auto loans which have been sold in whole loan sale transactions where the Company has retained servicing rights.

CAPITAL ONE FINANCIAL CORPORATION

Consolidated Balance Sheets

(in thousands)(unaudited)

	As of December 31 2006			As of September 30 2006			As of December 31 2005
Assets:
Cash and due from banks	$	2,817,519		$	1,461,132		$	2,022,175
Federal funds sold and resale agreements		1,099,156			3,340,809			1,305,537
Interest-bearing deposits at other banks		743,821			797,708			743,555
Cash and cash equivalents		4,660,496			5,599,649			4,071,267
Securities available for sale		15,688,770			13,960,709			14,350,249
Mortgage loans held for sale		10,435,295			311,169			197,444
Loans held for investment		96,512,139			63,612,169			59,847,681
Less: Allowance for loan losses		(2,180,000	)		(1,840,000	)		(1,790,000	)
Net loans		94,332,139			61,772,169			58,057,681
Accounts receivable from securitizations		4,589,235			5,617,113			4,904,547
Premises and equipment, net		2,203,280			1,532,006			1,191,406
Interest receivable		816,426			529,104			563,542
Goodwill		13,635,435			3,964,177			3,906,399
Other		3,634,661			1,620,650			1,458,876
Total assets	$	149,995,737		$	94,906,746		$	88,701,411
Liabilities:
Non-interest-bearing deposits	$	11,648,070		$	4,145,173		$	4,841,171
Interest-bearing deposits		74,122,822			43,467,977			43,092,096
Senior and subordinated notes		9,725,470			8,701,794			6,743,979
Other borrowings		24,257,007			17,619,817			15,534,161
Interest payable		574,763			387,000			371,681
Other		4,432,399			3,908,008			3,989,409
Total liabilities		124,760,531			78,229,769			74,572,497
Stockholders’ Equity:
Common stock		4,122			3,065			3,028
Paid-in capital, net		15,333,137			7,237,785			6,848,544
Retained earnings and cumulative other comprehensive income		10,026,364			9,551,504			7,384,144
Less: Treasury stock, at cost		(128,417	)		(115,377	)		(106,802	)
Total stockholders’ equity		25,235,206			16,676,977			14,128,914
Total liabilities and stockholders’ equity	$	149,995,737		$	94,906,746		$	88,701,411

CAPITAL ONE FINANCIAL CORPORATION

Consolidated Statements of Income

(in thousands, except per share data)(unaudited)

	Three Months Ended						Year Ended
	December 31 2006		September 30 2006 (1)		December 31 2005 (1)		December 31 2006		December 31 2005 (1)
Interest Income:
Loans held for investment, including past-due fees	$	2,002,111	$	1,814,803	$	1,408,545	$	7,046,473	$	5,010,839
Securities available for sale		186,480		160,198		119,189		679,582		388,576
Mortgage loans held for sale		55,896		6,354		8,799		71,063		8,799
Other		108,932		83,716		97,565		397,111		318,667
Total interest income		2,353,419		2,065,071		1,634,098		8,194,229		5,726,881
Interest Expense:
Deposits		552,385		442,571		344,063		1,814,797		1,173,137
Senior and subordinated notes		136,282		96,300		103,836		411,643		421,218
Other borrowings		263,596		231,685		149,200		868,159		452,284
Total interest expense		952,263		770,556		597,099		3,094,599		2,046,639
Net interest income		1,401,156		1,294,515		1,036,999		5,099,630		3,680,242
Provision for loan losses		513,157		430,566		565,674		1,476,438		1,491,072
Net interest income after provision for loan losses		887,999		863,949		471,325		3,623,192		2,189,170
Non-Interest Income:
Servicing and securitizations		959,436		1,071,091		1,021,415		4,209,637		3,945,183
Service charges and other customer-related fees		462,086		459,125		376,223		1,770,340		1,493,690
Mortgage banking operations		54,232		45,775		118,255		173,320		142,894
Interchange		147,571		150,474		133,234		549,074		514,196
Other		43,858		34,920		16,387		294,361		262,142
Total non-interest income		1,667,183		1,761,385		1,665,514		6,996,732		6,358,105
Non-Interest Expense:
Salaries and associate benefits		632,355		554,504		459,788		2,239,468		1,749,738
Marketing		395,671		368,498		447,437		1,444,635		1,379,938
Communications and data processing		188,481		183,020		154,936		713,439		580,992
Supplies and equipment		137,843		111,625		98,761		460,680		355,734
Occupancy		66,425		49,710		54,554		218,265		152,090
Other		565,413		459,272		473,710		1,890,706		1,499,781
Total non-interest expense		1,986,188		1,726,629		1,689,186		6,967,193		5,718,273
Income before income taxes		568,994		898,705		447,653		3,652,731		2,829,002
Income taxes		178,266		310,866		167,335		1,238,238		1,019,855
Net income	$	390,728	$	587,839	$	280,318	$	2,414,493	$	1,809,147
Basic earnings per share	$	1.16	$	1.95	$	1.01	$	7.80	$	6.98
Diluted earnings per share	$	1.14	$	1.89	$	0.97	$	7.62	$	6.73
Dividends paid per share	$	0.03	$	0.03	$	0.03	$	0.11	$	0.11

(1) Certain prior period amounts have been reclassified to conform to the current period presentation.

CAPITAL ONE FINANCIAL CORPORATION

Statements of Average Balances, Income and Expense, Yields and Rates

(dollars in thousands)(unaudited)

	Quarter Ended 12/31/06						Quarter Ended 9/30/06 (1)						Quarter Ended 12/31/05 (1)
Reported	Average Balance		Income/ Expense		Yield/ Rate		Average Balance		Income/ Expense		Yield/ Rate		Average Balance		Income/ Expense		Yield/ Rate
Earning assets:
Mortgage loans held for sale	$	3,480,664	$	55,896	6.42	%	$	294,574	$	6,354	8.63	%	$	156,376	$	8,799	22.51	%
Loans held for investment		74,737,753		2,002,111	10.72	%		62,428,789		1,814,803	11.63	%		48,700,689		1,408,545	11.57	%
Securities available for sale		15,248,950		186,480	4.89	%		14,587,307		160,198	4.39	%		11,683,013		119,189	4.08	%
Other		5,948,537		108,932	7.32	%		4,000,827		83,716	8.37	%		6,240,217		97,565	6.25	%
Total earning assets	$	99,415,904	$	2,353,419	9.47	%	$	81,311,497	$	2,065,071	10.16	%	$	66,780,295	$	1,634,098	9.79	%
Interest-bearing liabilities:
Interest-bearing deposits
NOW accounts		2,094,623	$	14,546	2.78	%	$	619,460	$	4,816	3.11	%	$	253,473	$	1,293	2.04	%
Money market deposit accounts		15,762,255		149,831	3.80	%		11,237,206		103,073	3.67	%		6,871,855		51,037	2.97	%
Savings accounts		5,425,790		31,386	2.31	%		3,911,765		28,604	2.92	%		1,621,793		9,079	2.24	%
Other Consumer Time Deposits		16,656,731		190,489	4.57	%		14,325,784		153,881	4.30	%		12,973,630		135,914	4.19	%
Public Fund CD’s of $100,000 or more		1,281,768		16,636	5.19	%		1,022,465		13,046	5.10	%		494,702		4,823	3.90	%
CD’s of $100,000 or more		8,682,658		101,535	4.68	%		8,302,487		95,229	4.59	%		9,595,516		106,145	4.42	%
Foreign time deposits		3,831,401		47,962	5.01	%		3,564,708		43,922	4.93	%		2,926,965		35,772	4.89	%
Total Interest-bearing deposits	$	53,735,226	$	552,385	4.11	%	$	42,983,875	$	442,571	4.12	%	$	34,737,934	$	344,063	3.96	%
Senior and subordinated notes		9,034,696		136,282	6.03	%		6,544,768		96,300	5.89	%		6,707,285		103,836	6.19	%
Other borrowings		20,555,748		263,596	5.13	%		18,010,737		231,685	5.15	%		13,703,303		149,200	4.36	%
Total interest-bearing liabilities	$	83,325,670	$	952,263	4.57	%	$	67,539,380	$	770,556	4.56	%	$	55,148,522	$	597,099	4.33	%
Net interest spread					4.90	%					5.64	%					5.46	%
Interest income to average earning assets					9.47	%					10.16	%					9.79	%
Interest expense to average earning assets					3.83	%					3.79	%					3.58	%
Net interest margin					5.64	%					6.37	%					6.21	%

(1) Prior quarter data has been updated to reclass for Mortgage Loans Held for Sale.

CAPITAL ONE FINANCIAL CORPORATION

Statements of Average Balances, Income and Expense, Yields and Rates

(dollars in thousands)(unaudited)

	Quarter Ended 12/31/06						Quarter Ended 9/30/06 (2)						Quarter Ended 12/31/05 (2)
Managed (1)	Average Balance		Income/ Expense		Yield/ Rate		Average Balance		Income/ Expense		Yield/ Rate		Average Balance		Income/ Expense		Yield/ Rate
Earning assets:
Mortgage loans held for sale	$	3,480,664	$	55,896	6.42	%	$	294,574	$	6,354	8.63	%	$	156,376	$	8,799	22.51	%
Loans held for investment		123,901,960		3,640,588	11.75	%		110,512,266		3,401,130	12.31	%		94,241,240		3,001,361	12.74	%
Securities available for sale		15,248,950		186,480	4.89	%		14,587,307		160,198	4.39	%		11,683,013		119,189	4.08	%
Other		4,048,779		48,089	4.75	%		2,221,427		28,192	5.08	%		4,171,939		46,611	4.47	%
Total earning assets	$	146,680,353	$	3,931,053	10.72	%	$	127,615,574	$	3,595,874	11.27	%	$	110,252,568	$	3,175,960	11.52	%
Interest-bearing liabilities:
Interest-bearing deposits
NOW accounts	$	2,094,623	$	14,546	2.78	%	$	619,460	$	4,816	3.11	%	$	253,473	$	1,293	2.04	%
Money market deposit accounts		15,762,255		149,831	3.80	%		11,237,206		103,073	3.67	%		6,871,855		51,037	2.97	%
Savings accounts		5,425,790		31,386	2.31	%		3,911,765		28,604	2.92	%		1,621,793		9,079	2.24	%
Other Consumer Time Deposits		16,656,731		190,489	4.57	%		14,325,784		153,881	4.30	%		12,973,630		135,914	4.19	%
Public Fund CD’s of $100,000 or more		1,281,768		16,636	5.19	%		1,022,465		13,046	5.10	%		494,702		4,823	3.90	%
CD’s of $100,000 or more		8,682,658		101,535	4.68	%		8,302,487		95,229	4.59	%		9,595,516		106,145	4.42	%
Foreign time deposits		3,831,401		47,962	5.01	%		3,564,708		43,922	4.93	%		2,926,965		35,772	4.89	%
Total Interest-bearing deposits	$	53,735,226	$	552,385	4.11	%	$	42,983,875	$	442,571	4.12	%	$	34,737,934	$	344,063	3.96	%
Senior and subordinated notes		9,034,696		136,282	6.03	%		6,544,768		96,300	5.89	%		6,707,285		103,836	6.19	%
Other borrowings		20,555,748		263,609	5.13	%		18,010,737		231,672	5.15	%		13,703,303		149,200	4.36	%
Securitization liability		48,603,831		631,521	5.20	%		47,648,021		607,510	5.10	%		45,085,090		503,665	4.47	%
Total interest-bearing liabilities	$	131,929,501	$	1,583,797	4.80	%	$	115,187,401	$	1,378,053	4.79	%	$	100,233,612	$	1,100,764	4.39	%
Net interest spread					5.92	%					6.49	%					7.13	%
Interest income to average earning assets					10.72	%					11.27	%					11.52	%
Interest expense to average earning assets					4.32	%					4.32	%					3.99	%
Net interest margin					6.40	%					6.95	%					7.53	%

(1) The information in this table reflects the adjustment to add back the effect of securitized loans.

(2) Prior quarter data has been updated to reclass for Mortgage Loans Held for Sale.

1680 Capital One Drive, McLean, VA 22102-3491

NEWS RELEASE

FOR IMMEDIATE RELEASE: January 18, 2007

Contacts:	Investor Relations	Media Relations
	Mike Rowen	Tatiana Stead	Julie Rakes
	703-720-2455	703-720-2352	804-284-5800

Capital One Reports Earnings per Share Growth of 13 Percent for 2006

Company provides earnings guidance for 2007

McLean, Va. (January 18, 2007) -Capital One Financial Corporation (NYSE: COF) today announced earnings per share (diluted) for 2006 of $7.62. Additionally, the company provided earnings guidance for 2007 of between $7.40 and $7.80 per share (diluted).

Earnings for the fourth quarter of 2006 were $390.7 million, or $1.14 per share (diluted), compared with $280.3 million, or $.97 per share (diluted), for the fourth quarter of 2005, and $587.8 million, or $1.89 per share (diluted), for the third quarter of 2006.

Full year results include a $0.32 per share (diluted) negative impact from the acquisition of North Fork Bancorporation, which was completed on December 1, 2006. Full year results also include a $.07 per share (diluted) negative impact from losses on the sale of securities in the fourth quarter of 2006 as part of the rebalancing of a portion of the company’s investment portfolio.

The company’s 2007 earnings estimates include expectations for a continued challenging interest rate environment and cyclical pressures in the mortgage industry, a return to more normal charge-off levels in its US unsecured national lending businesses, and the repurchase of $2.25 billion of the company’s shares beginning in the second quarter of 2007. Additionally, the 2007 earnings estimates include $430.0 million (after-tax) of financing costs, restructuring charges, and purchase accounting impacts resulting from the acquisition of North Fork. While the company still expects to achieve the target level of $275.0 million (pre-tax) of synergies in connection with the North Fork integration, it expects these synergies will be realized partially in 2007 and more significantly late in 2008 as a result of the challenging interest rate environment and the timeline for conversion to a single deposit platform and brand.

“Despite cyclical pressures in banking and the mortgage industry, the acquisitions of North Fork and Hibernia position us to drive growth, generate capital, and deliver sustainable and attractive shareholder returns well into the future,” said Richard D. Fairbank, Capital One’s Chairman and

-more-

Capital One Reports Fourth Quarter Earnings

Page 2

Chief Executive Officer. “Our focus now is on sure-footed execution as we integrate these proven banking franchises and build the infrastructure to win long-term.”

Managed loans held for investment at December 31, 2006 were $146.2 billion, up $40.6 billion, or 38 percent, from December 31, 2005. Excluding the impact of $31.7 billion of loans acquired through North Fork, managed loans grew 8.4 percent in 2006, in line with expectations. Growth in the fourth quarter of 2006, excluding the impact of North Fork, was $2.2 billion, spread broadly across all of its North American businesses.

The managed charge-off rate for the company decreased to 2.99 percent in the fourth quarter of 2006 from 4.53 percent in the fourth quarter of 2005, but rose from 2.92 percent in the previous quarter. The company increased its allowance for loan losses by $114.1 million in the fourth quarter of 2006, excluding the addition of allowance from the acquisition of North Fork. This increase was driven primarily by the expectation of continued normalization of charge-offs in the company’s US unsecured national lending businesses. The managed delinquency rate (30+ days) decreased to 3.02 percent as of December 31, 2006 driven largely by the addition of North Fork loans to the portfolio. The delinquency rate decreased from 3.24 percent as of the end of December 31, 2005 and decreased from 3.29 percent as of September 30, 2006. Without the addition of the North Fork loans, the charge-off and delinquency rates would have increased in the fourth quarter of 2006 to 3.25 percent and 3.68 percent, respectively.

Fourth quarter marketing expenses decreased $51.7 million to $395.7 million from $447.4 million in the fourth quarter of 2005, but increased $27.2 million from the third quarter of 2006 expense of $368.5 million. Marketing expenses for 2006 were $1.4 billion, up $64.7 million, or five percent, over 2005.

Annualized operating expenses as a percentage of average managed loans decreased to 5.13 percent in the fourth quarter of 2006 from 5.27 percent in the fourth quarter of 2005, but increased from 4.92 percent in the previous quarter driven by the inclusion of North Fork, infrastructure investments, and branch expansion. This quarter’s results also include resolution of certain federal and state tax issues resulting in a $28.8 million reduction of tax expense.

Capital One’s managed revenue margin decreased to 9.69 percent in the fourth quarter of 2006 from 12.04 percent in the fourth quarter of 2005 and decreased from 10.95 percent in the previous quarter driven largely by in the inclusion of North Fork, seasonality, and one time impacts due to the company’s system conversion in the fourth quarter of 2006. Return on

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managed assets for 2006 was 1.69 percent. Excluding the impact of the North Fork acquisition, return on managed assets was 1.77 percent for 2006 as compared to 1.72 percent in 2005.

“Strong underlying business performance enabled Capital One to deliver 13 percent earnings per share growth in 2006 while achieving a number of significant milestones including the successful integration of Hibernia, the acquisition of North Fork, and a significant upgrade of our systems infrastructure,” said Gary L. Perlin, Capital One’s Chief Financial Officer. “We enter 2007 with a more diversified and resilient balance sheet.”

Segment results

The US Card segment’s net income for 2006 was $1.8 billion, up $214.0 million, or 13.3 percent, from $1.6 billion in 2005. US Card reported net income for the fourth quarter of 2006 of $337.2 million, compared with $237.0 million in the fourth quarter of 2005, and $461.6 million in the third quarter of 2006. The business continues to deliver strong profits driven by solid credit and growth in managed loans. Managed loans at December 31, 2006 were $53.6 billion, up $4.2 billion or 8.4 percent, from December 31, 2005, and up $2.5 billion, or 4.9 percent from the prior quarter. The managed charge-off rate decreased to 3.82 percent in the fourth quarter of 2006 from 5.70 percent in the fourth quarter of 2005 but increased from 3.39 percent in the previous quarter due to expected seasonality and normalization of credit.

Results in the Global Financial Services segment continue to reflect strong performance in its North American businesses offset by ongoing challenges in the UK. The segment’s net income for 2006 was $274.0 million, up $88.0 million, or 47.3 percent, from $186.0 million in 2005. Net income in the fourth quarter of 2006 was $2.1 million, compared with $7.1 million in the fourth quarter of 2005, and $107.2 million in the third quarter of 2006. Managed loans at December 31, 2006 were $27.0 billion, up $3.6 billion, or 15.4 percent, from the prior year’s fourth quarter, and up $.4 billion, or 1.4 percent, from the third quarter of 2006. The managed charge-off rate decreased to 3.89 percent in the fourth quarter of 2006 from 4.33 percent in the fourth quarter of 2005 driven largely by strong credit in its North American businesses. The managed charge-off rate increased in the fourth quarter from 3.70 percent in the previous quarter reflecting seasonality.

The Auto Finance segment reported a solid quarter as it continues to gain scale and grow originations by taking advantage of its multi-channel, full credit spectrum strategy. The Auto Finance segment’s net income for 2006 was $233.5 million, up $101.4 million, or 76.8 percent, from $132.1 million in 2005. Net

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income in the fourth quarter of 2006 was $33.7 million, compared with $8.1 million in the fourth quarter of 2005, and $35.3 million in the third quarter of 2006. Managed loans at December 31, 2006 were $21.8 billion, up $5.4 billion, or 32.9 percent, from December 31, 2005, and up $.6 billion, or 2.8 percent from the prior quarter. The managed charge-off rate decreased to 2.85 percent in the fourth quarter of 2006 from 3.32 percent in the fourth quarter of 2005 because of a mix shift towards lower risk borrowers from the acquisition of Hibernia in 2005. The managed charge-off rate increased from 2.34 percent in the previous quarter primarily driven by seasonality.

The Banking segment delivered $45.7 million of net income in the fourth quarter of 2006, down $0.5 million, or 1.1 percent, from the third quarter of 2006. Decreases in revenue and increases in operating expenses where largely off-set by a $26.0 million reduction in provision expense due to favorable credit performance in loans impacted by 2005 Gulf Coast hurricanes. Total deposits at the end of the quarter were $35.3 billion, relatively flat as compared to $35.7 billion at the end of the third quarter of 2006. The company has opened a total of 39 de novo branches since the beginning of 2006. The integration of Hibernia is largely complete, and the company is on track to achieve the expected run-rate synergies of $135.0 million in 2007.

The company generates earnings from its managed loan portfolio, which includes both on-balance sheet loans and securitized (off-balance sheet) loans. For this reason, the company believes managed financial measures to be useful to stakeholders. In compliance with Regulation G of the Securities and Exchange Commission, the company is providing a numerical reconciliation of managed financial measures to comparable measures calculated on a reported basis using generally accepted accounting principles (GAAP). Please see the schedule titled “Reconciliation to GAAP Financial Measures” attached to this release for more information.

Forward looking statements

The company cautions that its current expectations in this release, in the presentation slides available on the company’s website and in its Form 8-K dated January 18, 2007 for 2007 earnings, the interest rate environment, charge-off rates, mortgage market trends, branch growth, integration costs and synergies, and the benefits of the business combination transaction involving Capital One and North Fork, including future financial and operating results, and the company’s plans, objectives, expectations and intentions are forward-looking statements and actual results could differ materially from current expectations due to a number of factors, including: the risk that the company’s acquired businesses will not be integrated successfully and that the cost savings and other synergies from such acquisitions may

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not be fully realized; continued intense competition from numerous providers of products and services which compete with Capital One’s businesses; changes in our aggregate accounts and balances, and the growth rate and composition thereof; the success of the company’s marketing efforts; general economic conditions affecting interest rates and consumer income, spending, and savings which may affect consumer bankruptcies, defaults, charge-offs and deposit activity; and the company’s ability to execute on its strategic and operational plans. A discussion of these and other factors can be found in Capital One’s annual report and other reports filed with the Securities and Exchange Commission, including, but not limited to, Capital One’s report on Form 10-K for the fiscal year ended December 31, 2005.

About Capital One

Headquartered in McLean, Virginia, Capital One Financial Corporation (www.capitalone.com) is a financial holding company, with more than 700 locations in New York, New Jersey, Connecticut, Texas and Louisiana that offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Its principal subsidiaries, Capital One Bank, Capital One, F.S.B., Capital One Auto Finance, Inc., Capital One, N.A., and North Fork Bank offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One’s subsidiaries collectively had $85.8 billion in deposits and $146.2 billion in managed loans outstanding as of December 31, 2006. Capital One, a Fortune 500 company, trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.

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NOTE: Fourth quarter 2006 financial results, SEC Filings, and fourth quarter earnings conference call slides are accessible on Capital One’s home page (www.capitalone.com). Choose “Investors” on the bottom of the home page to view and download the earnings press release, slides, and other financial information. Additionally, a webcast of today’s 5:00 pm (ET) earnings conference call is accessible through the same link.