In conjunction with certifying its SEC filings, Capital One restated its stock option-adjusted net income lower for the past two years due to a computational error. As a result, the card issuer adjusted its 2001 net income from $597 million to $545 million, a 9% decline. Cap One also restated its 2000 stock option-adjusted net income as $401 million instead of $413 million, a 3% decrease. Cap One amended its Annual Reports on Form 10-K to correct the pro forma net income and earnings per share previously disclosed. The card issuers says the amendment does not affect the Company’s historical results of operations, financial conditions or cash flows for any period presented. Cap One says that other than this change, there is no change to the consolidated financial statements, the notes to the consolidated financial statements, the report of the independent auditors or the report of management. In pre-market trading this morning Cap One’s stock was down slightly from $31.05 to $31.00. Yesterday, the firm’s stock briefly dipped to $26.30. For complete details on Capital One’s latest performance visit CardData ([www.carddata.com]).