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Capitol Federal Financial, Inc. - CFFN STOCK NEWS

Welcome to our dedicated page for Capitol Federal Financial news (Ticker: CFFN), a resource for investors and traders seeking the latest updates and insights on Capitol Federal Financial stock.

Capitol Federal Financial, Inc. (symbol: CFFN) is a steadfast financial institution headquartered in Topeka, Kansas. With a history spanning over 115 years, Capitol Federal has committed itself to supporting the American dream of homeownership and maintaining a corporate philosophy focused on safety in savings, sound lending policies, and exceptional customer service. As the premier residential lender in Kansas, Capitol Federal boasts an impressive portfolio of over $8 billion in assets.

Operating through its wholly-owned subsidiary, Capitol Federal Savings Bank, the company provides a wide range of financial services. These include single-family residential lending, construction loans, and various consumer loans. Customers can also take advantage of an array of retail deposit accounts such as checking, savings, money market, IRA, and certificates of deposit.

Capitol Federal's extensive branch network comprises 35 traditional branches and 10 in-store locations, serving communities throughout Kansas and Missouri. The bank primarily operates in metropolitan areas, providing traditional banking services like deposit-taking and investing in first-lien residential mortgages. Capitol Federal also engages in commercial real estate loans and invests in various securities, although the majority of its loan portfolio consists of originated one- to four-family real estate loans.

The primary source of Capitol Federal's income is net interest income. The company prides itself on its commitment to quality customer service, ensuring every interaction upholds the high standards set by its long-standing tradition. As an Equal Housing Lender and a member of the FDIC, Capitol Federal Financial, Inc. continues to be a reliable and trusted choice for its customers.

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Capitol Federal Financial, Inc.® (NASDAQ: CFFN) reported a net income of $13.8 million for the quarter ended March 31, 2024, with basic and diluted earnings per share of $0.11. The net interest margin improved by 11 basis points to 1.82%. Dividends of $0.085 per share were paid, with a cash dividend announced on April 23, 2024. Operating results show a significant increase in earnings per share compared to the prior quarter, mainly due to a rise in the net interest margin.
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Capitol Federal Financial, Inc. (CFFN) declared a quarterly cash dividend of $0.085 per share on outstanding common stock. The dividend will be paid on May 17, 2024, to stockholders of record as of May 3, 2024. The company will release its financial results for the quarter ended March 31, 2024, on April 24, 2024. Capitol Federal Financial, Inc. is the holding company for Capitol Federal Savings Bank, with 49 branch locations in Kansas and Missouri.
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Capitol Federal Financial, Inc. announced its Q4 2023 results, revealing a net interest margin increase of 1.71% and earnings per share of $0.02. The company also completed a securities strategy, selling $1.30 billion of securities and purchasing $632.0 million of securities. Despite a net loss of $13.3 million from the securities strategy, the company recognized a net income of $2.5 million for the quarter.
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Capitol Federal Financial, Inc. (CFFN) has declared a quarterly cash dividend of $0.085 per share on outstanding common stock. The dividend is payable on February 16, 2024, to stockholders of record as of February 2, 2024. The company will release financial results for the quarter ended December 31, 2023, on January 24, 2024, before the market opens. Capitol Federal Savings Bank, the Bank's holding company, has 49 branch locations in Kansas and Missouri and is one of the largest residential lenders in Kansas.
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Capitol Federal Financial, Inc. (NASDAQ: CFFN) will release its annual meeting slide presentation on January 23, 2024, at 10:00 a.m. Central time. The company is the holding company for Capitol Federal Savings Bank, with 49 branch locations in Kansas and Missouri. It is one of the largest residential lenders in Kansas.
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Capitol Federal Financial, Inc. announced a strategic securities transaction and reported results for the quarter and fiscal year ended September 30, 2023. The securities strategy is expected to improve earnings per share by approximately $0.30 and net interest margin by approximately 60 basis points in fiscal year 2024. The Company plans to reduce total assets to approximately $9.70 billion by December 31, 2023.
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Capitol Federal Financial, Inc.® (NASDAQ: CFFN) revised its fiscal year 2023 results, reducing its net loss by $10.0 million, resulting in a net loss of $101.7 million, or $(0.76) per share. The company initiated a strategic securities transaction in October 2023, selling $1.30 billion of securities to improve future earnings and provide liquidity to deleverage the balance sheet. The securities strategy is expected to increase earnings per share by approximately $0.30 and net interest margin by approximately 60 basis points in fiscal year 2024.
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Capitol Federal Financial, Inc. has declared a quarterly cash dividend of $0.085 per share on its common stock. The dividend will be payable on November 17, 2023. The company will release its financial results for the quarter and year ended September 30, 2023 on October 25, 2023.
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Capitol Federal Financial, Inc. announces annual meeting of stockholders on January 23, 2024.
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FAQ

What services does Capitol Federal Financial, Inc. provide?

Capitol Federal offers residential lending, construction loans, consumer loans, and a variety of retail deposit accounts including checking, savings, money market, IRA, and certificates of deposit.

Where is Capitol Federal Financial, Inc. headquartered?

Capitol Federal Financial, Inc. is headquartered in Topeka, Kansas.

How long has Capitol Federal Financial, Inc. been in operation?

Capitol Federal Financial, Inc. has been in operation for over 115 years.

What is Capitol Federal Financial, Inc.'s primary source of income?

The primary source of income for Capitol Federal Financial, Inc. is net interest income.

How many branches does Capitol Federal Savings Bank have?

Capitol Federal Savings Bank operates 35 traditional branches and 10 in-store locations.

What is the primary focus of Capitol Federal Savings Bank's loan portfolio?

The primary focus of the loan portfolio is originated one- to four-family real estate loans.

Is Capitol Federal Financial, Inc. an Equal Housing Lender?

Yes, Capitol Federal Financial, Inc. is an Equal Housing Lender.

Is Capitol Federal Financial, Inc. a member of the FDIC?

Yes, Capitol Federal Financial, Inc. is a member of the FDIC.

What areas does Capitol Federal Financial, Inc. serve?

Capitol Federal Financial, Inc. primarily serves metropolitan areas within the state of Kansas and also has branches in Missouri.

When was Capitol Federal Savings Bank founded?

Capitol Federal Savings Bank was founded in 1893.

Capitol Federal Financial, Inc.

Nasdaq:CFFN

CFFN Rankings

CFFN Stock Data

832.24M
132.73M
7.36%
77.85%
3.98%
Savings Institutions
Finance and Insurance
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United States of America
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