Capitol Federal Financial, Inc. · NASDAQ:CFFN
Capitol Federal Financial — Shareholder Meeting (January 2021)
17 slides from Capitol Federal Financial's shareholder meeting presentation, Jan 28, 2021
Slide 1: Welcome to the 2020 Capitol Federal Financial, Inc. Annual Meeting
WELCOME TO THE 2020 CAPITOL FEDERAL FINANCIAL, INC ANNUAL MEETING
Slide 2: Board of Directors: Reginald L. Robinson
Board of Directors Reginald L. Robinson Served on Board of Directors 2012 – 2020
Slide 3: Welcome to the 2020 Capitol Federal Financial, Inc. Annual Meeting
WELCOME TO THE 2020 CAPITOL FEDERAL FINANCIAL, INC ANNUAL MEETING
Slide 4: Board of Directors
John B. Dicus, Chairman, President & CEO Michel’ Philipp Cole, ABC Morris J. Huey, II Jeffrey M. Johnson Michael T. McCoy, M.D. James G. Morris Carlton A. Ricketts Jeffrey R. Thompson Board of Directors
Slide 5: Management
Management John B. Dicus, Chairman, President & CEO Anthony S. Barry, Executive Vice President Natalie G. Haag, Executive Vice President & Corporate Secretary Rick C. Jackson, Executive Vice President Robert D. Kobbeman, Executive Vice President Daniel L. Lehman, Executive Vice President Kent G. Tow
Slide 6: 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 ou
Slide 7: Selected Balance Sheet Data
Selected Balance Sheet Data September 30, 2020 2019 (in thousands) Total Assets $ 9,487,218 $ 9,340,018 Total Loans $ 7,202,851 $ 7,416,747 Total Deposits $ 6,191,408 $ 5,581,867 Total Borrowings $ 1,789,313 $ 2,239,989 Total Stockholders' Equity $ 1,284,859 $ 1,336,326
Slide 8: Financial Performance FY 2020
Financial Performance FY 2020 Net Income (in thousands) $64,540 Earnings Per Share (basic & diluted) $0.47 Net Interest Margin 2.12% Return on Average Assets 0.69% Return on Average Equity 4.92%
Slide 9: Financial Performance FY 2020
Financial Performance FY 2020 Efficiency Ratio 50.74% Operating Expense Ratio 1.13% Non-performing Assets to Total Assets 0.13% Equity to Total Assets 13.5%
Slide 10: Calendar Year 2020 Dividends
Calendar Year 2020 Dividends (in thousands) Regular quarterly dividends* $ 46,716 True-up dividend (December) 17,614 Total cash dividends paid in 2020 $ 64,330 *Paid in February, May, August, and November.
Slide 11: Calendar Year 2020 Share Repurchases
Calendar Year 2020 Share Repurchases ($ in thousands, except per share amounts) Number of shares repurchased 2,722,500 Average price per share $ 9.31 Total amount repurchased $ 25,335
Slide 12: Cumulative Cash Returned to Stockholders
Cumulative Cash Returned to Stockholders $0.0 $250.0 $500.0 $750.0 $1,000.0 $1,250.0 $1,500.0 $1,750.0 2019 2020 Stockholder Dividends $1,505.7 $412.5 † $725.2 † $1,595.3 $789.5 $393.3 $8.52 Per Share $412.5 33,568,044 Shares Avg. Price of $11.67 (in millions) $368.0 Share Repurchases † Dividends fr
Slide 13: Payment of Dividends
Payment of Dividends • CFFN declared a regular quarterly dividend of $0.085 per share on January 26, 2021. • For fiscal year 2021, 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 14: Long-Term Strategy
Long-Term Strategy • Single-Family Portfolio Lender • Deposit Services • Commercial Banking • Excellent Asset Quality • Strong Cost Controls • Strong Capital Position • Stockholder Value • Interest Rate Risk Management
Slide 15: Questions & Answers
Questions & Answers CAPITOL FEDERAL FINANCIAL, INC."ANNUAL MEETING
Slide 16: New Director Carlton A. Ricketts
New Director Carlton A. Ricketts
Slide 17: Thank you for attending
Thank you for attending @ 2020 CAPITOL FEDERAL FINANCIAL, INC.“ANNUAL MEETING
Capitol Federal Financial — Shareholder Meeting (January 2021) on 6ix