Capitol Federal Financial, Inc. · NASDAQ:CFFN
Capitol Federal Financial — Investor Presentation (2026)
20 slides from Capitol Federal Financial's investor presentation, 2026
Slide 1: Quarterly Investor Presentation
QUARTERLY INVESTOR PRESENTATION
Slide 2: Safe Harbor Disclosure
Safe Harbor Disclosure Except for the historical information contained in this press release, 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
Slide 3: Capitol Federal Financial, Inc. (CFFN) at a glance
Capitol Federal Financial, Inc. (CFFN) at a glance Topeka, Kansas For over 130 years, Capitol Federal® has been a leader in financial stability and trust in the Corporate Offices communities we serve. Nasdaq: CFFN Since 1893, we have been, and intend to continue to be, a community-oriented financial
Slide 4: CFFN investment rationale
CFFN investment rationale Banking expertise strengthened by a 1 deep understanding of the communities Uniquely focused we serve on delivering long- term, sustainable Robust balance sheet, stable portfolio and stockholder value 2 long history of disciplined capital returns while maintaining a strong
Slide 5: Banking expertise strengthened by a deep understanding of the communities we serve
Banking expertise strengthened by a deep understanding of the communities we serve • We have a deep understanding of and relationships within the communities we serve ◦ Our team has strong ties to the Topeka, Salina, Wichita and Kansas City communities, which underpin our success in both commercial
Slide 6: Uniquely positioned, deeply experienced and fully aligned to deliver on our strategic roadmap
Uniquely positioned, deeply experienced and fully aligned to deliver on our strategic roadmap Our leadership team combines deep industry expertise with a proven track record of operational excellence. We have architected the current strategic plan and possess the unique institutional knowledge requi
Slide 7: Balance sheet repositioning continues to drive improvements
Balance sheet repositioning continues to drive improvements • Completed a securities restructuring in October 2023: Sold $1.30 billion of securities at a yield of 1.22%, purchased $632.0 million of securities yielding 5.75%, and paid down $500.0 million of Bank Term Funding debt at 4.70% • Net Inter
Slide 8: Strong capital position supports capital returns via disciplined framework
Strong capital position supports capital returns via disciplined framework 17.4% 17.6% 17.1% 16.8% 16.5% 10.1% 10.1% 10.2% 10.1% 10.0% 12/24 3/25 6/25 9/25 12/25 Tier 1 Leverage CET1 8
Slide 9: Long history of disciplined capital returns
Long history of disciplined capital returns Over $2 billion of cumulative capital returned to shareholders since 2010 $2,500 $1,968.7 $2,033.1 $2,000 $1,500 (in millions) $1,532.7 $1,576.9 $1,000 $500 $436.1 $456.2 $— 2024 2025 Share Repurchases Dividends Due to the Bank's expected continuing positi
Slide 10: Growing into the full-service community-oriented commercial bank of choice
Growing into the full-service community-oriented commercial bank of choice Strategic priorities We are delivering value to stockholders through a more diversified balance sheet, expanded income streams, • Growth-oriented strategic actions and diligent credit risk management. We expect the • Commerci
Slide 11: Growing our commercial loan portfolio
Growing our commercial loan portfolio • Positive mix-shift into commercial is our primary growth-oriented strategic initiative • Growth driven through investments in technology, people, products, and services • Active in commercial lending markets even when the opportunity is outside of our local fo
Slide 12: Deposit base and customer solution expansion
Deposit base and customer solution expansion Treasury Digital Wealth Management Banking Management • Competitive suite of • New deposit account • Bringing together wealth treasury management onboarding platform management, private products • Digital banking banking and insurance to • Experienced tea
Slide 13: Financial highlights
Financial highlights (dollars in thousands) Quarter Ended 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 Net income $ 20,304 $ 18,813 $ 18,382 $ 15,399 $ 15,431 Earnings per share $ 0.16 $ 0.14 $ 0.14 $ 0.12 $ 0.12 Net interest margin 2.19% 2.09% 1.98% 1.92% 1.86% Return on average assets 0.83%
Slide 14: Condensed Consolidated Income Statement
Financial highlights Condensed Consolidated Income Statement (dollars in thousands) For the Three Months Ended 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 Interest income $ 105,989 $ 104,044 $ 99,678 $ 98,175 $ 97,622 Interest expense 54,672 55,261 54,220 54,335 55,392 Net interest income 51
Slide 15: Condensed Consolidated Balance Sheet
Financial highlights Condensed Consolidated Balance Sheet (dollars in thousands) At Qtr Avg Yield/Cost for Qtr Ended 12/31/2025 9/30/2025 12/31/2025 9/30/2025 12/31/2025 9/30/2025 ASSETS: Cash and cash equivalents $ 232,634 $ 252,443 $ 274,154 $ 192,755 3.96% 4.36% Securities 829,704 867,216 830,320
Slide 16: Loan Portfolio
Financial highlights Loan Portfolio (dollars in thousands) One- to four-family loans Commercial loans $8,000,000 $2,500,000 $2,000,000 $6,000,000 $1,500,000 $4,000,000 $1,000,000 $2,000,000 $500,000 $— $— 9/22 9/23 9/24 12/24 3/25 6/25 9/25 12/25 9/22 9/23 9/24 12/24 3/25 6/25 9/25 12/25 Originated
Slide 17: Asset Quality
Financial highlights Asset Quality • underwriting standards designed to limit exposure to credit risk • complete documentation required for all loans • ongoing monitoring of loan concentrations and credit quality 0.70% 80% 1.80x 0.60% 70% 1.60x 0.50% 0.40% 60% 1.40x 0.30% 0.20% 50% 1.20x 0.10% 12/31
Slide 18: Deposit Portfolio
Financial highlights Deposit Portfolio (dollars in thousands) Retail non-maturity deposits Commercial non-maturity deposits Certificates of deposit $4,000,000 1.25% $500,000 1.50% $4,000,000 5.00% 1.25% $3,200,000 1.00% $400,000 $3,200,000 4.00% 1.00% $2,400,000 0.75% $300,000 $2,400,000 3.00% 0.75%
Slide 19: Share Information
Financial highlights Share Information (dollars in thousands) Dividends and Share Repurchases Shares Oustanding $150,000 150,000,000 140,000,000 $100,000 130,000,000 $50,000 120,000,000 110,000,000 $— 2021 2022 2023 2024 2025 100,000,000 2021 2022 2023 2024 2025 Regular Dividends True-up Dividends S
Slide 20: Interest Rate Risk
Financial highlights Interest Rate Risk (dollars in thousands) 14% 3.50% As of December 31, 2025 More than More Than 3.00% Within One Year to Three Years 12% One Year Three Years to Five Years 2.50% Interest-earning assets: Loans receivable $ 2,385,602 $ 1,862,963 $ 1,311,246 Rate Sensitivity 10% 2.
Capitol Federal Financial — Investor Presentation (2026) on 6ix