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. reports developments for its bank holding company business through Capitol Federal Savings Bank, a community-oriented institution serving Kansas and Missouri markets. News commonly covers quarterly operating results, net interest income and margin trends, residential mortgage lending, commercial loan and deposit growth, and updates to banking products such as wealth management services.
Company releases also address capital allocation for CFFN common stock, including regular and special dividends, share repurchase activity, annual meeting materials, and board-approved strategic banking initiatives.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) has reported fiscal year results for the year ended September 30, 2021, with a net income of $76.1 million or $0.56 per share, an increase from $64.5 million in the previous year. The net interest margin decreased to 1.90% from 2.12%, while deposit growth stood at 6.6%. For Q4 of fiscal 2021, net income was $18.6 million with dividends paid amounting to $117.9 million.
The Company announced a cash dividend of $0.085 per share, reflecting its commitment to return 100% of annual earnings to shareholders.
Capitol Federal Financial (NASDAQ: CFFN) declared a cash true-up dividend of $0.22 per share for fiscal year 2021, raising total dividends to $0.56 per share. This increase comes from the surplus of $30 million between total earnings of $76.1 million and dividends paid of $46.1 million. The dividend is payable on December 3, 2021 to stockholders on record as of November 19, 2021. For fiscal year 2022, the Company aims to continue paying out 100% of earnings, projecting regular quarterly dividends of $0.085 per share, totaling $0.34 for the year.
Capitol Federal Financial, Inc. (CFFN) has declared a quarterly cash dividend of $0.085 per share on its common stock. The dividend will be paid on November 19, 2021 to shareholders on record as of November 5, 2021. Additionally, the Company is set to announce its financial results for the quarter and year ended September 30, 2021 on October 28, 2021, prior to market opening. As the holding company for Capitol Federal Savings Bank, CFFN operates 54 branches across Kansas and Missouri, emphasizing its significant role in the residential lending market.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) announced that its annual stockholders' meeting will take place on January 25, 2022. The record date for voting is set for December 3, 2021. The company operates 54 branches in Kansas and Missouri and is a leading residential lender in Kansas. Forward-looking statements in the release hint at potential risks, including changes in economic conditions and regulatory environments that could impact the company's dividend policies and capital levels.
Capitol Federal Financial, Inc. (CFFN) reported net income of $18.2 million for Q2 2021, down from $20.4 million in Q1 2021, with earnings per share at $0.13. The net interest margin slightly decreased to 1.84%. Total assets stood at $9.65 billion and total loans increased by $60.3 million to $7.03 billion, mainly in the one- to four-family correspondent loan portfolio. The company paid $65.7 million in dividends, maintaining strong shareholder returns amidst challenges in non-interest income.
Capitol Federal Financial has declared a quarterly cash dividend of $0.085 per share on its common stock, payable on August 20, 2021, to stockholders of record as of August 6, 2021. The Company will release its financial results for the quarter ending June 30, 2021, on July 29, 2021, before market opens. Capitol Federal Savings Bank, the Company's subsidiary, operates 54 branches in Kansas and Missouri, being a major residential lender in Kansas.
Capitol Federal Financial (NASDAQ: CFFN) declared a True Blue Capitol dividend of $0.40 per share for outstanding common stock, payable on June 25, 2021, to stockholders of record as of June 11, 2021. This dividend follows the company's decision to defer dividends in 2020 due to economic uncertainty. A capital distribution of $56.0 million from Capitol Federal Savings Bank enables this payout. For fiscal year 2021, the Board intends to distribute 100% of earnings as dividends, which includes quarterly payments of $0.085 per share, totaling $0.34 for the year.
Capitol Federal Financial, Inc. (CFFN) reported net income of $20.4 million or $0.15 per share for Q1 2021, compared to $18.9 million or $0.14 per share in Q4 2020. The net interest margin decreased to 1.88% due to lower yields on loans and securities. Notably, a $7.4 million gain was realized from the sale of Visa Class B shares, while a $4.8 million loss was incurred from terminating interest rate swaps. The Bank also recorded a $3.0 million negative provision for credit losses, reflecting an improved economic outlook. A dividend of $0.085 per share was declared for distribution on May 21, 2021.
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 May 21, 2021 to stockholders of record as of May 7, 2021. Furthermore, the Company plans to announce its financial results for the quarter ended March 31, 2021 on April 29, 2021, prior to market opening. Capitol Federal Savings Bank operates 54 branch locations in Kansas and Missouri, establishing itself as a significant player in residential lending in Kansas.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) reported strong quarterly results for the period ending December 31, 2020. Net income rose to $18.9 million, or $0.14 per share, up from $18.3 million the previous quarter. Key highlights also include a net interest margin of 1.92% and annualized deposit growth of approximately 14%. However, interest income decreased 4.7% due to lower loan portfolio yields. The Company adopted the CECL standard, resulting in a $2.3 million adjustment to retained earnings. A cash dividend of $0.085 per share was declared, payable February 19, 2021.