Capitol Federal Financial, Inc. · NASDAQ:CFFN
Capitol Federal Financial — Shareholder Meeting (January 2017)
22 slides from Capitol Federal Financial's shareholder meeting presentation, Jan 27, 2017
Slide 1: 2016 Annual Meeting
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 & 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 Tara D. Va
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, 2016 2015 (in thousands) Total Assets $ 9,267,247 $ 9,844,161 Total Loans $ 6,958,024 $ 6,625,027 Total Deposits $ 5,164,018 $ 4,832,520 Total Borrowings $ 2,572,389 $ 3,470,521 Total Stockholders' Equity $ 1,392,964 $ 1,416,226
Slide 6: Financial Performance FY 2016
Financial Performance FY 2016 Net Income (in thousands) $83,494 Earnings Per Share (basic & diluted) $0.63 Net Interest Margin* 2.10% Return on Average Assets* 0.88% Return on Average Equity* 5.78% *Adjusted to exclude the effects of the daily leverage strategy
Slide 7: Financial Performance FY 2016 ratios
Efficiency Ratio 43.76% Operating Expense Ratio 0.84% Non-performing Assets to Total Assets 0.35% Equity to Total Assets 15.0% Financial Performance FY 2016
Slide 8: Calendar Year 2016 Dividends
Calendar Year 2016 Dividends (in thousands) Regular quarterly dividends* $ 45,305 True Blue® Capitol dividend (June) 33,274 True-up dividend (December) 38,835 Total cash dividends paid in 2016 $ 117,414 *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 $125,000 $150,000 2012 2013 2014 2015 2016 (in thousands)
Slide 10: Calendar Year Dividend History
Calendar Year Dividend History $0 $25,000 $50,000 $75,000 $100,000 2012 2013 2014 2015 2016 Regular Dividends (includes true-up dividends) Named Capital Dividends (in thousands)
Slide 11: Cumulative Cash Returned to Stockholders
Cumulative Cash Returned to Stockholders †Includes named capital dividends paid (in millions) $1,126.0 Share Repurchases Stockholder Dividends $368.0 31,009,944 Shares Avg. Price of $11.87 $5.26 per Share $0.0 $250.0 $500.0 $750.0 $1,000.0 $1,250.0 Since 2nd Step Corporate Reorganization $758.0 †
Slide 12: Payment of Dividends
Payment of Dividends •CFFN declared a regular quarterly dividend of $0.085 per share on January 24, 2017. •For fiscal year 2017, 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: Strength and Value
Strength and Value •Single-Family Portfolio Lender •Retail Financial Services •Excellent Asset Quality •Strong Cost Controls •Interest Rate Risk Management •Strong Capital Position •Stockholder Value
Slide 14: Strength and Value: Balance Sheet Efficiency and Lending
•Continued strategy of making the balance sheet more efficient by increasing the balance of loans and deposits while decreasing the balance of securities and borrowings. •Balance of correspondent loans grew to $2.21 billion at September 30, 2016 by utilizing correspondent lending relationships in 28
Slide 15: Strength and Value: Leverage, Costs and Dividends
•Continued the daily leverage strategy during fiscal year 2016, which added $2.3 million to net income. •Continued focus on cost controls through technology efficiencies and enhancements. •Cash dividends attributed to our fiscal year 2016 earnings were $0.63 per share, representing a $0.05 per share
Slide 16: Executive Management: Daniel Lehman
Daniel Lehman, Executive Vice President Chief Retail Operations Officer Executive Management
Slide 17: Questions & Answers
Nelms) awe 2016 ANNUAL MEETING Questions & Answe
Slide 18: Slide 18
Slide 19: Director Marilyn Ward retirement
Director Marilyn Ward, who has served as a director of Capitol Federal Savings since 1977 and of the Company's predecessor since its inception in March 1999, will retire from the Board of Directors upon the conclusion of her current term following this meeting. The Company thanks Ms. Ward for her gu
Slide 20: Michel' Philipp Cole, Director
Ms. Cole has served as Westar Energy’s Vice President, Corporate Communications and Public Affairs, since 2014. Ms. Cole is responsible for all communication, media, branding, philanthropy and government relations matters for Westar Energy. From 2003 to 2014, Ms. Cole served as Vice President, Corpo
Slide 21: Slide 21
Slide 22: Thank you for attending
Nelms) awe 2016 ANNUAL MEETING Thank you for attending
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