Capitol Federal Financial, Inc. · NASDAQ:CFFN
Capitol Federal Financial — Shareholder Meeting (January 2015)
17 slides from Capitol Federal Financial's shareholder meeting presentation, Jan 29, 2015
Slide 1: Welcome to the 2014 Annual Meeting of Capitol Federal Financial, Inc.
WELCOME TO THE 2014 ANNUAL MEETING OF CAPITOL FEDERAL® FINANCIAL, INC.
Slide 2: Board of Directors
Board of Directors John B. Dicus, Chairman, President & CEO Morris J. Huey, II Jeffrey M. Johnson Michael T. McCoy, M.D. James G. Morris Reginald L. Robinson Jeffrey R. Thompson Marilyn S. Ward
Slide 3: Management
Management John B. Dicus, Chairman, President & CEO Natalie G. Haag, Executive Vice President Rick C. Jackson, Executive Vice President Carlton A. Ricketts, Executive Vice President Kent G. Townsend, Executive Vice President Frank H. Wright, Executive Vice President Tara D. Van Houweling, First Vice
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, that involve risks and uncertainties, including changes in ec
Slide 5: Selected Balance Sheet Data
Selected Balance Sheet Data September 30, 2014 September 30, 2013 (in thousands) Total Assets $ 9,865,028 $ 9,186,449 Total Loans $ 6,233,170 $ 5,958,868 Total Deposits $ 4,655,272 $ 4,611,446 Total Borrowings $ 3,589,677 $ 2,833,538 Total Stockholders' Equity $ 1,492,882 $ 1,632,126
Slide 6: Financial Performance FY 2014
Financial Performance FY 2014 Net Income (in thousands) $77,694 Earnings Per Share (basic & diluted) $0.56 Net Interest Margin 2.00% Return on Average Assets 0.82% Return on Average Equity 5.00%
Slide 7: Financial Performance FY 2014 (ratios)
Efficiency Ratio 43.72% Operating Expense Ratio 0.96% Non-performing Assets to Total Assets 0.29% Equity to Total Assets 15.13% Financial Performance FY 2014
Slide 8: Calendar Year 2014 Dividends
Calendar Year 2014 Dividends (in thousands) Regular quarterly dividends* $ 41,456 True Blue® Capitol dividend (June) 34,663 True-up dividend (December) 35,450 Total cash dividends paid in 2014 $ 111,569 *Paid in February, May, August, and November
Slide 9: Calendar Year Dividend History
Calendar Year Dividend History $0 $25,000 $50,000 $75,000 $100,000 2011 2012 2013 2014 Regular Dividends (includes true-up dividends) Capital Dividends (in thousands)
Slide 10: Calendar Year Dividend History
Calendar Year Dividend History $0 $25,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 2011 2012 2013 2014 (in thousands)
Slide 11: Cumulative Cash Returned to Stockholders
Cumulative Cash Returned to Stockholders †Includes capital dividends paid (in millions) $0.0 $215.0 $430.0 $645.0 $860.0 Since 2nd Step Corporate Reorganization $527.6 † $852.8 Share Repurchases Stockholder Dividends $325.2 27,436,508 Shares Avg. Price of $11.85 $3.54 per Share
Slide 12: Payment of Dividends
Payment of Dividends •CFFN declared a regular quarterly dividend of $0.085 per share on January 27, 2015. •For fiscal year 2015, 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 13: Building Our Future On Past Success
Building Our Future On Past Success •Single-Family Portfolio Lender •Retail Financial Services •Excellent Asset Quality •Strong Cost Controls •Interest Rate Risk Management •Strong Capital Position •Stockholder Value
Slide 14: Building Our Future On Past Success
•Continued strategy of making the balance sheet more efficient by increasing the balance of loans and deposits while decreasing the balance of securities. •Implemented daily leverage strategy during the fourth quarter of fiscal year 2014. •Balance of correspondent loans grew to $1.43 billion at Sept
Slide 15: Questions & Answers
Questions & Answers
Slide 16: Thank you for attending
Thank you for attending
Slide 17: Welcome to the 2014 Annual Meeting of Capitol Federal Financial, Inc.
WELCOME TO THE 2014 ANNUAL MEETING OF CAPITOL FEDERAL® FINANCIAL, INC.
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