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 has declared a quarterly cash dividend of $0.085 per share on common stock, payable on August 19, 2022, to stockholders recorded by August 5, 2022. The company will announce its financial results for the quarter ended June 30, 2022, on July 27, 2022. Capitol Federal Savings Bank operates 54 branches in Kansas and Missouri, making it one of the largest residential lenders in Kansas.
Capitol Federal Financial (CFFN) has declared a True Blue Capitol dividend of $0.20 per share, payable on June 24, 2022, to stockholders of record as of June 10, 2022. Additionally, the Capitol Federal Savings Bank will provide a $28.0 million capital distribution to CFFN. The Board aims to distribute 100% of earnings to stockholders for fiscal year 2022, with expected quarterly dividends of $0.085 per share, totaling $0.34 for the year. The fiscal year 2022 cash true-up dividend will be paid in December 2022, contingent on various financial factors.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) reported a net income of $21.6 million for the quarter ended March 31, 2022, with earnings per share of $0.16. The net interest margin declined to 1.69%, impacted by the reimplementation of its leverage strategy, although it would have been 2.01% without this effect. The company paid $11.5 million in dividends, maintaining a consistent payout. Total assets decreased 3.2% to $9.53 billion, driven primarily by a reduction in available-for-sale securities.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) has declared a quarterly cash dividend of $0.085 per share on outstanding common stock. The dividend will be paid on May 20, 2022, to stockholders of record as of May 6, 2022. Additionally, the company will release its financial results for the quarter ending March 31, 2022, on April 27, 2022, prior to market opening. Capitol Federal Savings Bank operates 54 branches in Kansas and Missouri, and is among the largest residential lenders in Kansas.
Capitol Federal Financial, Inc. (CFFN) reported a net income of $22.2 million for Q1 2022, translating to $0.16 earnings per share, up from $18.6 million and $0.14 per share in Q4 2021. Key financial metrics included a net interest margin increase to 1.99% and $41.4 million in dividends paid. The company recorded a negative provision for credit losses of $3.4 million, reflecting improved credit quality. However, total assets decreased by 0.9% to $9.6 billion, primarily due to a decline in securities.
Capitol Federal Financial, Inc. (CFFN) has declared a quarterly cash dividend of $0.085 per share on its common stock, payable on February 18, 2022, to stockholders of record as of February 4, 2022. The company is set to release its financial results for the quarter ended December 31, 2021, on January 28, 2022, before market opens. Capitol Federal Savings Bank, a subsidiary of the Company, operates 54 branches in Kansas and Missouri, positioning itself as a major residential lender in Kansas.
Capitol Federal Financial, Inc. (NASDAQ: CFFN) will present a slide at its annual stockholder meeting on January 25, 2022, at 10:00 a.m. central time, available on its website. The company, which operates 54 branches in Kansas and Missouri, is a leading residential lender in Kansas. The PR also includes caution about forward-looking statements, citing risks like economic changes, interest rate fluctuations, and regulatory impacts that could affect the company’s future performance.
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.
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