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. 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. (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.
Capitol Federal Financial (NASDAQ: CFFN) has announced a quarterly cash dividend of $0.085 per share on outstanding common stock. This dividend is scheduled for payment on February 19, 2021, to stockholders of record as of the close of business on February 5, 2021.
The company will release financial results for the quarter ending December 31, 2020, on January 28, 2021, before market opening.
Capitol Federal Financial (NASDAQ: CFFN) will present its annual meeting of stockholders on January 26, 2021, at 10:00 a.m. Central time, available on its website. The Company, which operates Capitol Federal Savings Bank, has 54 branch locations in Kansas and Missouri, making it a leading residential lender in Kansas. The press release includes forward-looking statements regarding potential risks such as economic changes, regulatory alterations, interest rate fluctuations, and competitive dynamics, with actual outcomes that may differ from projections.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) declared a cash true-up dividend of $0.13 per share for fiscal year 2020, raising total dividends to $0.47 per share. This reflects the Board's commitment to distribute 100% of 2020 earnings, totaling $64.5 million, exceeding prior dividends of $46.9 million. The dividend is payable on December 4, 2020. For fiscal year 2021, the Board aims to continue this trend with expected quarterly dividends of $0.085 per share, totaling $0.34, and a future cash true-up dividend.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) announced its upcoming annual stockholders' meeting scheduled for January 26, 2021, with a voting record date of December 4, 2020. The company, which operates 54 branch locations in Kansas and Missouri, is recognized as one of the largest residential lenders in Kansas. This meeting aims to engage shareholders and discuss future strategies and performance. The company's website provides additional information and updates on their operations.