The McLean, Virginia-based company swung to a fourth-quarter net loss of $1.4 billion, or $3.74 per diluted share, compared with net income of $226.6 million, or 60 cents per diluted share, a year earlier.

The company, one of the largest issuers of MasterCard and Visa credit cards, recognized $810.9 million in noncash impairment of goodwill related to its revised outlook from its auto finance business.

Total revenue fell 19 percent to $3.17 billion in the fourth quarter, while deposits rose to $108.6 billion at the end of the period.

Capital One's shares closed down 4.4 percent to $21.94.

The company's stock has sunk around 32 percent this year, while the KBW Bank Index <.BKX> has fallen 38 percent.

(Editing by Jeffrey Benkoe)