Welcome to our dedicated page for Capitol Federal news (Ticker: CFFN), a resource for investors and traders seeking the latest updates and insights on Capitol Federal stock.
Capitol Federal Financial Inc. (CFFN) maintains this dedicated news hub for stakeholders tracking developments at one of America's longest-standing community banks. Our curated collection provides immediate access to official press releases, regulatory filings, and financial disclosures from the Kansas/Missouri-based institution.
Investors will find essential updates including quarterly earnings reports, dividend declarations, and strategic initiatives related to residential mortgage operations. Analysts can monitor capital management decisions and regulatory compliance updates from this $10B+ asset institution. All content is sourced directly from company filings and verified channels.
The repository organizes news into key categories: financial performance metrics, leadership updates, product launches (including new mortgage products or deposit accounts), and community development initiatives. Bookmark this page for real-time updates on CFFN's conservative lending practices, branch network expansions, and risk management strategies that have defined its century-long operations.
Capitol Federal Financial, Inc. (NASDAQ:CFFN) reported Q3 FY2024 results with net income of $9.6 million and earnings per share of $0.07. The company's net interest margin decreased to 1.77% from 1.82% in the previous quarter. Key highlights include:
- Paid dividends of $0.085 per share
- Announced a cash dividend of $0.085 per share, payable on August 16, 2024
- Interest and dividend income increased by 1.8% to $95.0 million
- Interest expense rose by 5.2% to $54.7 million
- Non-interest income increased slightly by 1.4% to $4.7 million
- Non-interest expense decreased by 1.7% to $28.0 million
The company's efficiency ratio slightly increased to 62.07% from 61.89% in the previous quarter. The effective tax rate rose significantly to 38.2% from 20.1%, primarily due to income taxes on earnings distribution from the Bank to the Company.
Capitol Federal Financial (NASDAQ: CFFN) has announced a quarterly cash dividend of $0.085 per share on outstanding common stock. The dividend will be payable on August 16, 2024 to stockholders of record as of the close of business on August 2, 2024. CFFN will release its financial results for the quarter ended June 30, 2024 on July 24, 2024. Capitol Federal Financial is the holding company for Capitol Federal Savings Bank, which operates 48 branch locations in Kansas and Missouri and is one of the largest residential lenders in Kansas.
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