Capitol Federal Financial, Inc. · NASDAQ:CFFN
Capitol Federal Financial — Shareholder Meeting (January 2018)
15 slides from Capitol Federal Financial's shareholder meeting presentation, Jan 25, 2018
Slide 1: 2017 Annual Meeting
2017 ANNUAL MEETING iN ILIO WN AN =| ~ CAPITOL FEDERAL” FINANCIAL, INC.
Slide 2: Board of Directors
Board of Directors John B. Dicus, Chairman, President & CEO Michel’ Philipp Cole Morris J. Huey, II Jeffrey M. Johnson Michael T. McCoy, M.D. James G. Morris Reginald L. Robinson Jeffrey R. Thompson
Slide 3: Management
Management John B. Dicus, Chairman, President & CEO Natalie G. Haag, Executive Vice President & Corporate Secretary Rick C. Jackson, Executive Vice President Daniel L. Lehman, Executive Vice President Carlton A. Ricketts, Executive Vice President Kent G. Townsend, Executive Vice President
Slide 4: Safe Harbor Disclosure
Safe Harbor Disclosure Except for the historical information contained in this presentation, the matters discussed may be deemed to be forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements about our
Slide 5: Selected Balance Sheet Data
Selected Balance Sheet Data September 30, 2017 2016 (in thousands) Total Assets $ 9,192,916 $ 9,267,247 Total Loans $ 7,195,071 $ 6,958,024 Total Deposits $ 5,309,868 $ 5,164,018 Total Borrowings $ 2,373,808 $ 2,572,389 Total Stockholders' Equity $ 1,368,313 $ 1,392,964
Slide 6: Financial Performance FY 2017
Financial Performance FY 2017 Net Income (in thousands) $84,137 Earnings Per Share (basic & diluted) $0.63 Net Interest Margin* 2.15% Return on Average Assets* 0.89% Return on Average Equity* 5.88% *Adjusted to exclude the effects of the leverage strategy
Slide 7: Financial Performance FY 2017
Efficiency Ratio 41.21% Operating Expense Ratio 0.80% Non-performing Assets to Total Assets 0.20% Equity to Total Assets 14.9% Financial Performance FY 2017
Slide 8: Calendar Year 2017 Dividends
Calendar Year 2017 Dividends (in thousands) Regular quarterly dividends* $ 45,633 True Blue® Capitol dividend (June) 33,559 True-up dividend (December) 38,985 Total cash dividends paid in 2017 $ 118,177 *Paid in February, May, August, and November.
Slide 9: Cumulative Cash Returned to Stockholders
Cumulative Cash Returned to Stockholders †Includes named capital dividends paid (in millions) $1,244.2 Share Repurchases Stockholder Dividends $368.0 31,009,944 Shares Avg. Price of $11.87 $6.14 Per Share $0.0 $250.0 $500.0 $750.0 $1,000.0 $1,250.0 Since 2nd Step Corporate Reorganization † $876.2
Slide 10: Payment of Dividends
Payment of Dividends • CFFN declared a regular quarterly dividend of $0.085 per share on January 23, 2018. • For fiscal year 2018, it is the intent of our Board and management to pay out 100% of our net income. • Dividends will be paid in a combination of quarterly and true-up cash dividends.
Slide 11: A Proven Path
A Proven Path • Single-Family Portfolio Lender • Retail Financial Services • Excellent Asset Quality • Strong Cost Controls • Strong Capital Position • Stockholder Value • Interest Rate Risk Management
Slide 12: A Proven Path
• Continued growth of our commercial real estate loan portfolio primarily through loan participations with our correspondent lending relationships. • Continued the leverage strategy during fiscal year 2017, which added $2.8 million to net income. • Continued focus on cost controls through technology
Slide 13: Questions & Answers
CAPITOL FEDERAL’ FINANCIAL, INC. Pes? 2017 ANNUAL MEETING Questions & Answers
Slide 14: Thank you for attending
CAPITOL FEDERAL‘ FINANCIAL, INC. { Pes? 2017 ANNUAL MEETING Thank you for attending
Slide 15: 2017 Annual Meeting
2017 ANNUAL MEETING iN ILIO WN AN =| ~ CAPITOL FEDERAL” FINANCIAL, INC.
Capitol Federal Financial — Shareholder Meeting (January 2018) on 6ix