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 its financial results for the quarter ending March 31, 2023, revealing a net income of $14.2 million or $0.11 per share, compared to $16.2 million or $0.12 per share in the previous quarter. The decline in net income is attributed to a decrease in net interest income, with a net interest margin of 1.56% for the quarter. The bank achieved an annualized loan growth of 9.0% and declared a cash dividend of $0.085 per share, payable on May 19, 2023. Despite these gains, challenges persist, including rising deposit and borrowing costs impacting net interest margins. Liquidity remains stable with access to substantial credit facilities.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) has declared a quarterly cash dividend of $0.085 per share on its common stock. The dividend is set to be paid on May 19, 2023, to stockholders of record as of the close of business on May 5, 2023. The company will announce its financial results for the quarter ending March 31, 2023 on April 26, 2023, before market opening. Capitol Federal Savings Bank, the primary institution under the company, operates 50 branches across Kansas and Missouri, making it a significant player in residential lending in Kansas.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) reported a net income of $16.2 million for the quarter ending December 31, 2022, translating to $0.12 per share. This marks a decrease from $19.5 million, or $0.14 per share, in the previous quarter due to a decline in net interest income. The net interest margin fell to 1.61% from 1.71%. Despite a 17.1% annualized loan growth, the company anticipates continued margin pressures amid rising costs of borrowings and deposits. Additionally, a provision for credit losses increased to $3.7 million, impacting overall profitability.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) has declared a quarterly cash dividend of $0.085 per share on outstanding common stock. The dividend is scheduled for payment on February 17, 2023 to stockholders on record as of February 3, 2023. Additionally, the company will release its financial results for the quarter ended December 31, 2022 on January 25, 2023, before market opening. Capitol Federal Savings Bank operates 54 branches in Kansas and Missouri.
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