Capitol Federal Financial, Inc. · NASDAQ:CFFN
Capitol Federal Financial — Shareholder Meeting (January 2020)
14 slides from Capitol Federal Financial's shareholder meeting presentation, Jan 30, 2020
Slide 1: Welcome to the 2019 Capitol Federal Financial, Inc. Annual Meeting
WELCOME TO THE 2019 CAPITOL FEDERAL FINANCIAL, INC~ ANNUAL MEETING
Slide 2: Board of Directors
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 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 Kent G. Tow
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 ou
Slide 5: Selected Balance Sheet Data
Selected Balance Sheet Data September 30, 2019 2018 (in thousands) Total Assets $ 9,340,018 $ 9,449,547 Total Loans $ 7,416,747 $ 7,514,485 Total Deposits $ 5,581,867 $ 5,603,354 Total Borrowings $ 2,239,989 $ 2,285,033 Total Stockholders' Equity $ 1,336,326 $ 1,391,622
Slide 6: Financial Performance FY 2019
Financial Performance FY 2019 Net Income (in thousands) $94,243 Earnings Per Share (basic & diluted) $0.68 Net Interest Margin* 2.30% Return on Average Assets* 1.01% Return on Average Equity* 6.94% *Adjusted to exclude the effects of the leverage strategy
Slide 7: Financial Performance FY 2019
Financial Performance FY 2019 Efficiency Ratio 46.83% Operating Expense Ratio 1.12% Non-performing Assets to Total Assets 0.10% Equity to Total Assets 14.3%
Slide 8: Calendar Year 2019 Dividends
Calendar Year 2019 Dividends (in thousands) Regular quarterly dividends* $ 46,852 True Blue® Capitol dividend (June) 34,446 True-up dividend (December) 46,932 Total cash dividends paid in 2019 $ 128,230 *Paid in February, May, August, and November.
Slide 9: Cumulative Cash Returned to Stockholders
Cumulative Cash Returned to Stockholders (in millions) $1,750.0 $1,505.7 $1,500.0 $1,377.5 $1,250.0 Stockholder Dividends $412.5 $378.1 $1,000.0 $8.05 Per Share $7.12 Per Share $750.0 $500.0 † † $631.4 $725.2 Share Repurchases $250.0 31,009,944 Shares Avg. Price of $11.87 $368.0 $0.0 $368.0 2018 201
Slide 10: Payment of Dividends
Payment of Dividends • CFFN declared a regular quarterly dividend of $0.085 per share on January 28, 2020. • For fiscal year 2020, 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: Long-Term Strategy
Long-Term Strategy • 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: Questions & Answers
Questions & Answers xy) 2019 CAPITOL FEDERAL FINANC C UAL MEETING
Slide 13: Thank you for attending
Thank you for attending &y) 2019 CAPITOL FEDERAL FINANCIAL, INC.* ANNUAL MEETING
Slide 14: Welcome to the 2019 Capitol Federal Financial, Inc. Annual Meeting
WELCOME TO THE 2019 CAPITOL FEDERAL FINANCIAL, INC~ ANNUAL MEETING
Capitol Federal Financial — Shareholder Meeting (January 2020) on 6ix