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Capitol Federal Financial, Inc.® Reports Second Quarter Fiscal Year 2025 Results
TOPEKA, Kan.--(BUSINESS WIRE)-- Capitol Federal Financial, Inc.® (NASDAQ: CFFN) (the "Company," "we" or "our"), the parent company of Capitol Federal Savings
About this update from Capitol Federal Financial, Inc.
[{"type":"text","content":" TOPEKA, Kan.--(BUSINESS WIRE)--\nCapitol Federal Financial, Inc.® (NASDAQ: CFFN) (the \"Company,\" \"we\" or \"our\"), the parent company of Capitol Federal Savings Bank (the \"Bank\"), announced results today for the quarter ended March 31, 2025. For best viewing results, please view this release in Portable Document Format (PDF) on our website, https://ir.capfed.com.\n\nHighlights for the current quarter include:\n\n\nnet income of $15.4 million;\n\n\nbasic and diluted earnings per share of $0.12;\n\n\nnet interest margin of 1.92%, an increase of six basis points from the prior quarter; and\n\n\non April 22, 2025, announced a cash dividend of $0.085 per share, payable on May 16, 2025 to stockholders of record as of the close of business on May 2, 2025.\n\n\nComparison of Operating Results for the Three Months Ended March 31, 2025 and December 31, 2024\n\nFor the quarter ended March 31, 2025, the Company recognized net income of $15.4 million, or $0.12 per share, which was unchanged from the prior quarter. Net interest income after provision for credit losses was higher in the current quarter than the prior quarter, but was almost entirely offset by higher non-interest expense in the current quarter. The net interest margin increased six basis points, from 1.86% for the prior quarter to 1.92% for the current quarter due mainly to a decrease in the cost of deposits, specifically retail certificates of deposit.\n\nInterest and Dividend Income\n\nThe following table presents the components of interest and dividend income for the time periods presented, along with the change measured in dollars and percent.\n\n\n\n \n\n\n\n\nFor the Three Months Ended\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n\nMarch 31,\n\n\n\n \n\n\n\nDecember 31,\n\n\n\n \n\n\n\nChange Expressed in:\n\n\n\n\n\n \n\n\n\n\n2025\n\n\n\n \n\n\n\n2024\n\n\n\n \n\n\n\nDollars\n\n\n\n \n\n\n\nPercent\n\n\n\n\n\n \n\n\n\n\n(Dollars in thousands)\n\n\n\n \n\n\n\n \n\n\n\n\n\nINTEREST AND DIVIDEND INCOME:\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\nLoans receivable\n\n\n\n\n$\n\n\n\n80,867\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n81,394\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n(527\n\n\n\n)\n\n\n\n \n\n\n\n(0.6\n\n\n\n)%\n\n\n\n\n\nMortgage-backed securities (\"MBS\")\n\n\n\n\n \n\n\n\n11,264\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n11,024\n\n\n\...