Capitol Federal Financial, Inc. · NASDAQ:CFFN
Capitol Federal Financial — Shareholder Meeting (January 2019)
18 slides from Capitol Federal Financial's shareholder meeting presentation, Jan 24, 2019
Slide 1: Welcome to the Capitol Federal Financial 2018 Annual Meeting
WELCOME TO THE CAPITOL FEDERAL FINANCIAL, INC. ® 2018 ANNUAL MEETING BUILDING BLUE THROUGH TRUST, STRENGTH, STABILITY
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 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 Carlton A.
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, 2018 2017 (in thousands) Total Assets $ 9,449,547 $ 9,192,916 Total Loans $ 7,514,485 $ 7,195,071 Total Deposits $ 5,603,354 $ 5,309,868 Total Borrowings $ 2,285,033 $ 2,373,808 Total Stockholders' Equity $ 1,391,622 $ 1,368,313
Slide 6: Financial Performance FY 2018
Financial Performance FY 2018 Net Income (in thousands) $98,927 Earnings Per Share (basic & diluted) $0.73 Net Interest Margin* 2.24% Return on Average Assets* 1.07% Return on Average Equity* 7.12% *Adjusted to exclude the effects of the leverage strategy
Slide 7: Financial Performance FY 2018
Financial Performance FY 2018 Efficiency Ratio 43.89% Operating Expense Ratio 0.92% Non-performing Assets to Total Assets 0.14% Equity to Total Assets 14.7%
Slide 8: Calendar Year 2018 Dividends
Calendar Year 2018 Dividends (in thousands) Regular quarterly dividends* $ 45,982 True Blue® Capitol dividend (June) 33,614 True-up dividend (December) 53,666 Total cash dividends paid in 2018 $ 133,262 *Paid in February, May, August, and November.
Slide 9: Cumulative Cash Returned to Stockholders
Cumulative Cash Returned to Stockholders (in millions) $1,500.0 $1,377.5 $1,244.2 $1,250.0 Stockholder Dividends $1,000.0 $7.12 Per Share $6.14 Per Share $750.0 $500.0 † † $876.2 $1,009.5 $250.0 Share Repurchases 31,009,944 Shares Avg. Price of $11.87 $0.0 $368.0 $368.0 2017 2018 †Includes named cap
Slide 10: Payment of Dividends
Payment of Dividends • CFFN declared a regular quarterly dividend of $0.085 per share on January 22, 2019. • For fiscal year 2019, 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: Building Blue
Building Blue • Single-Family Portfolio • Strong Cost Controls Lender • Strong Capital Position • Deposit Services • Stockholder Value • Commercial Banking • Interest Rate Risk • Excellent Asset Quality Management
Slide 12: Executive Management: Bob Kobbeman
Executive Management Bob Kobbeman, Executive Vice President Chief Commercial Banking Officer
Slide 13: Executive Management: Carl Ricketts
Executive Management Carl Ricketts, Executive Vice President Chief Corporate Services Officer
Slide 14: Executive Management: Tony Barry
Executive Management Tony Barry, Executive Vice President Corporate Services Officer
Slide 15: Chairman Emeritus Jack Dicus
Chairman Emeritus Jack Dicus
Slide 16: Questions & Answers
Questions & Answers
Slide 17: Thank you for attending
Thank you for attending BUILDING.
Slide 18: Welcome to the Capitol Federal Financial 2018 Annual Meeting
WELCOME TO THE CAPITOL FEDERAL FINANCIAL, INC. ® 2018 ANNUAL MEETING BUILDING BLUE THROUGH TRUST, STRENGTH, STABILITY
Capitol Federal Financial — Shareholder Meeting (January 2019) on 6ix