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.
Overview of Capitol Federal Financial, Inc.
Capitol Federal Financial, Inc. (CapFed), headquartered in Topeka, Kansas, is a prominent regional bank holding company that operates through its wholly-owned subsidiary, Capitol Federal Savings Bank. Established in 1893, the company has over a century of experience in providing reliable and community-focused financial services. With a steadfast commitment to promoting the American dream of homeownership, CapFed has positioned itself as a leading residential lender in Kansas and Missouri.
Business Model and Revenue Streams
CapFed’s core business revolves around traditional banking services, including deposit-taking activities and lending. The bank primarily invests its deposit base into first-lien residential mortgages, which constitute the majority of its loan portfolio. In addition to residential lending, the bank engages in construction loans, consumer loans, and selective participation in commercial real estate lending. CapFed also invests in securities to diversify its income streams. The bank’s primary source of revenue is net interest income, derived from the difference between interest earned on loans and securities and interest paid on deposits.
Retail Banking Services
Capitol Federal offers a comprehensive suite of retail banking products to meet the diverse needs of its customers. These include checking accounts, savings accounts, money market accounts, Individual Retirement Accounts (IRAs), and certificates of deposit. Its conservative and customer-centric approach ensures safety in savings and sound lending practices, which have become hallmarks of its operations.
Geographic Footprint and Accessibility
With a robust network of 35 traditional branches and 10 in-store locations, CapFed serves metropolitan and suburban areas across Kansas and Missouri. Its physical presence is complemented by digital banking solutions, ensuring accessibility for a wide range of customers. The bank’s regional focus allows it to maintain deep community ties and offer personalized financial solutions tailored to local needs.
Commitment to Community and Stability
Capitol Federal has built a reputation for trust and stability over its 115+ years of operation. It is dedicated to fostering financial security through conservative lending policies and quality customer service. As an Equal Housing Lender and a Member of the FDIC, CapFed underscores its commitment to regulatory compliance and ethical banking practices.
Competitive Landscape
Operating within the competitive regional banking sector, CapFed differentiates itself through its focus on residential lending, community engagement, and a strong deposit base. While it faces competition from larger national banks and other regional players, its niche expertise in one- to four-family real estate loans and its conservative financial philosophy provide a competitive edge. The bank’s long-standing history and reputation for stability further strengthen its position in the market.
Conclusion
Capitol Federal Financial, Inc. exemplifies the principles of community banking, with a clear focus on safety, stability, and customer service. Its dedication to supporting homeownership and providing comprehensive financial services makes it a key player in its regional market. For investors and customers alike, CapFed represents a reliable and well-managed financial institution with a strong legacy of trust.
Capitol Federal Financial (NASDAQ: CFFN) reported Q1 FY2025 results with net income of $15.4 million, up $3.4 million from the previous quarter. The company posted earnings per share of $0.12, a $0.03 increase from Q4. The net interest margin improved to 1.86%, up six basis points from the prior quarter.
Key highlights include a $137.5 million increase in commercial loans and a quarterly dividend of $0.085 per share. The company's efficiency ratio improved to 57.86% from 59.29%. The increase in net income was primarily due to lower income tax expense and growth in the higher-yielding commercial loan portfolio.
Management expects a 4.0% increase in non-interest expenses for fiscal year 2025 compared to 2024. The company plans to limit Bank-to-Company distributions during FY2025 to minimize tax impacts related to pre-1988 bad debt recapture.
Capitol Federal Financial (NASDAQ: CFFN) has announced a quarterly cash dividend of $0.085 per share on outstanding common stock. The dividend will be paid on February 21, 2025 to stockholders of record as of February 7, 2025. The company plans to release its financial results for the quarter ended December 31, 2024, on January 29, 2025.
Capitol Federal Financial is the holding company for Capitol Federal Savings Bank, which operates 46 branch locations across Kansas and Missouri and stands as one of Kansas's largest residential lenders.
Capitol Federal Financial (NASDAQ: CFFN) has announced that the slide presentation for its upcoming annual meeting of stockholders will be available on its website at 10:00 a.m. central time on January 28, 2025. The presentation will be accessible through the company's investor relations page.
Capitol Federal Financial is the holding company for Capitol Federal Savings Bank, which operates 46 branch locations across Kansas and Missouri. The bank holds a significant position as one of the largest residential lenders in Kansas.
Capitol Federal Financial reported Q4 FY2024 net income of $12.1 million, or $0.09 per share, up from $9.6 million in Q3. For fiscal year 2024, net income was $38.0 million ($0.29 per share) compared to a net loss of $101.7 million in FY2023. The Q4 improvement was primarily due to a release of credit loss provisions. Net interest margin increased to 1.80% from 1.77% in Q3. The company completed a strategic securities sale, selling $1.30 billion of securities and purchasing $632.0 million of new securities yielding 5.75%, while paying down $500.0 million in borrowings.
Capitol Federal Financial (NASDAQ: CFFN) announced a quarterly cash dividend of $0.085 per share on its common stock. The dividend will be paid on November 15, 2024 to stockholders of record as of November 1, 2024. The company will release its financial results for the quarter ended September 30, 2024 on October 23, 2024. Capitol Federal Financial is the holding company for Capitol Federal Savings Bank, which operates 47 branches in Kansas and Missouri and is a leading residential lender in Kansas. For more details, visit capfed.com.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) has announced the date for its annual stockholders meeting. The meeting is scheduled for Tuesday, January 28, 2025, with the voting record date set for December 6, 2024.
Capitol Federal Financial, Inc. is the holding company for Capitol Federal Savings Bank, which operates 48 branch locations across Kansas and Missouri. The Bank is recognized as one of the largest residential lenders in the State of Kansas.
Stakeholders and interested parties can find additional information about the company on the Bank's official website at http://www.capfed.com.
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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