第一资本信贷Capital One Financial Corporation (COF) 2004年年度报告「NYSE」.pdf

1、momentum2004 annual reportAt Capital Onewere always focused on where were going,but in celebratingour tenth anniversary in 2004,we pausedto look at where weve been.2004$6.212003$4.852002$3.932001$2.912000$2.241999$1.721998$1.321996$0.771995$0.641997$0.93199428%23%35%30%30%30%21%20%growth42%33%$0.48d

2、iluted earnings per shareWe started with a dream of using scientifictesting and mass customization to makecredit less expensive and more accessible.The dream quickly became a reality.In 1994 we had one product,one marketand five million accounts.Today we offer a diversified portfolio of financial se

3、rvicesand have 48.6 million accounts in the U.S.,the U.K.and Canada.And Capital Oneis now one of the best-known brands in consumer finance.Whether people cometo us for a credit card,a car loan,a small-business credit line or a certificate ofdeposit,they know they can count on Capital One to deliver

4、great value withoutthe hassle.The excellence built into Capital Ones products is a hallmark of the people ofCapital One,and the high quality of their work is reflected in our success.Were nowa FORTUNE200 company,and for ten years running our annual earnings per sharegrowth and return on equity have

5、exceeded 20%.Only a handful of Americaspublicly held companies can say the same.Our first ten years have been a great and rewarding adventure.Now its backto the excitement of the future.Weve come a long way during our first decade as a public company,and were well positioned to sustain our success.C

6、apital One celebrated its tenth anniversary as a public company in 2004 by turning in another outstanding financial performance.For ten straight years,our earnings per share growth and return on equityhave exceeded 20%,a record equaled by only a handful of public companies.Our momentum is the result