Capitol Federal Stock Price, News & Analysis

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.

Capitol Federal Financial, Inc. (NASDAQ: CFFN) announced that a slide presentation for its annual meeting of stockholders will be available on its website at 10:00 a.m. central time on January 24, 2023. The Company, through its subsidiary Capitol Federal Savings Bank, operates 54 branches in Kansas and Missouri, ranking as one of the largest residential lenders in Kansas. The release contains forward-looking statements about operational risks including impacts from COVID-19, regulatory changes, interest rate fluctuations, and competition, which could influence future earnings and dividend policies.

Capitol Federal Financial, Inc. (CFFN) has authorized $44.7 million for stock repurchases under an existing plan. As of September 30, 2022, the company holds $104.0 million in cash at Capitol Federal Savings Bank. The repurchase will commence soon, depending on market prices. The bank operates 54 branches across Kansas and Missouri and is a leading residential lender in Kansas.

Capitol Federal Financial (CFFN) reported a fiscal year net income of $84.5 million for the year ending September 30, 2022, translating to $0.62 earnings per share. The net interest margin was 1.79%, with loan growth at 5.4% and dividends totaling $0.76 per share. In Q4, net income was $19.5 million ($0.14 per share), down from $21.2 million in Q3, attributed to increased non-interest expenses. Total assets grew by 6.3% to $9.62 billion, while stockholders' equity decreased by 12.5% to $1.10 billion.

Capitol Federal Financial, Inc. (CFFN) declared a cash true-up dividend of $0.28 per share for fiscal year 2022, totaling $0.62 in dividends for the year. This reflects the company's commitment to distribute 100% of its $84.5 million earnings. The dividend will be payable on December 2, 2022, to stockholders of record as of November 18, 2022. For fiscal year 2023, the company plans to maintain a similar payout strategy, distributing regular dividends of $0.085 per share and a true-up dividend.

Capitol Federal Financial, Inc. (CFFN) has declared a quarterly cash dividend of $0.085 per share on outstanding common stock. This dividend will be payable on November 18, 2022, to stockholders of record as of November 4, 2022. CFFN will also announce its financial results for the quarter and year ending September 30, 2022, on October 26, 2022, before market opens. The Bank operates 54 branches in Kansas and Missouri and is among the largest residential lenders in Kansas.