Capitol Federal Financial, Inc. · NASDAQ:CFFN
Capitol Federal Financial — Shareholder Meeting (January 2023)
14 slides from Capitol Federal Financial's shareholder meeting presentation, Jan 25, 2023
Slide 1: Capitol Federal Financial, Inc: Annual Meeting
Capitol Federal Financial, Inc: Annual Meeting MET
Slide 2: 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 3: Management
Management John B. Dicus, Chairman, President & CEO Anthony S. Barry, Chief Corporate Services Officer Natalie G. Haag, General Counsel & Corporate Secretary Rick C. Jackson, Chief Lending Officer Robert D. Kobbeman, Chief Commercial Banking Officer Daniel L. Lehman, Chief Retail Operations Officer
Slide 4: Safe Harbor Disclosure
Safe Harbor Disclosure Except for the historical information contained in this presentation, the matters discussed herein 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 a
Slide 5: Selected Balance Sheet Data
Selected Balance Sheet Data September 30, 2022 2021 (in thousands) Total Assets $ 9,624,897 $ 9,631,246 Total Loans $ 7,464,208 $ 7,081,142 Total Deposits $ 6,194,866 $ 6,597,396 Total Borrowings $ 2,132,154 $ 1,582,850 Total Stockholders' Equity $ 1,096,499 $ 1,242,273
Slide 6: Financial Performance FY 2022
Financial Performance FY 2022 Net Income (in thousands) $84,453 Earnings Per Share (basic & diluted) $0.62 Net Interest Margin 1.79% Return on Average Assets 0.76% Return on Average Equity 7.11%
Slide 7: Financial Performance FY 2022
Financial Performance FY 2022 Efficiency Ratio 52.39% Operating Expense Ratio 1.01% Non-performing Assets to Total Assets 0.10% Equity to Total Assets 11.39%
Slide 8: Calendar Year 2022 Dividends
Calendar Year 2022 Dividends (in thousands) Regular quarterly dividends* $ 46,111 True Blue Capitol dividend (June) 27,143 True-up dividend (December) 37,701 Total cash dividends paid in 2022 $ 110,955 *Paid in February, May, August, and November.
Slide 9: Calendar Year 2022 Share Repurchases
Calendar Year 2022 Share Repurchases ($ in thousands, except per share amounts) Number of shares repurchased 2,729,159 Average price per share $ 8.13 Total amount repurchased $ 22,196
Slide 10: Cumulative Cash Returned to Stockholders
Cumulative Cash Returned to Stockholders † Stockholder Dividends $10.30 Per Share Share Repurchases 36,461,603 shares Avg. Price of $11.40 * * True Blue® Dividends † † † Dividends from earnings *
Slide 11: Payment of Dividends
Payment of Dividends • CFFN declared a regular quarterly dividend of $0.085 per share on January 24, 2023. • For fiscal year 2023, 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 12: 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 13: Questions & Answers
Questions & Answers @ Capitol Federal Financial, Inc: Annual Meeting
Slide 14: Thank you for attending
Thank you for attending @ Capitol Federal Financial, Inc: Annual Meeting
Capitol Federal Financial — Shareholder Meeting (January 2023) on 6ix