Capital One Financial Corporation (NYSE:COF) Q3 2023 Earnings Conference Call October 26, 2023 5:00 PM ET

Company Participants

Jeff Norris - SVP, Finance

Andrew Young - CFO

Richard Fairbank - Chairman & CEO

Conference Call Participants

Ryan Nash - Goldman Sachs

Mihir Bhatia - Bank of America

Arren Cyganovich - Citigroup

Richard Shane - JPMorgan

Donald Fandetti - Wells Fargo

Sanjay Sakhrani - KBW

Erika Najarian - UBS

Dominick Gabriele - Oppenheimer

Bill Carcache - Wolfe Research

Operator

Good day, and thank you for standing by. Welcome to Capital One Q3 2023 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Jeff Norris, Senior Vice President of Finance. Please go ahead.

Jeff Norris

Thanks very much, Amy, and welcome, everyone to Capital One's third quarter 2023 (ph) earnings conference call. As usual, we are webcasting live over the Internet. To access the call on the Internet, please log on to Capital One's website at capitalone.com and follow the links from there. In addition to the press release and the financials, we have included a presentation summarizing our third quarter 2023 results.

With me this evening are Mr. Richard Fairbank, Capital One's Chairman and Chief Executive Officer; and Mr. Andrew Young, Capital One's Chief Financial Officer. Rich and Andrew will walk you through this presentation. To access a copy of the presentation and the press release, please go to Capital One's website, click on Investors, then click on quarterly earnings release.

Please note that this presentation may contain forward-looking statements. Information regarding Capital One's financial performance and any forward-looking statements contained in today's discussion and the materials speak only as of the particular date or dates indicated in the materials. Capital One does not undertake any obligation to update or revise any of this information, whether as a result of new information, future events or otherwise.

Numerous factors could cause our actual results to differ materially from those described in forward-looking statements. For more information on these factors, please see the section titled Forward-Looking Information in the earnings release presentation and the Risk Factors section in our annual and quarterly reports accessible at Capital One website and filed with the SEC.

Now I'll turn the call over to Mr. Young. Andrew?