Capitol Federal Financial, Inc. CFFN
The Company is a Maryland corporation with its common stock traded on the Global Select tier of the NASDAQ Stock Market. The Bank is a wholly-owned subsidiary of the Company and is a federally chartered and insured savings bank headquartered in Topeka, Kansas. The Bank continues to transition from a retail oriented financial institution to one with an expanded focus on commercial customers by strategically growing all aspects of commercial banking through investment in technology, people, products, and services.
We attract deposits primarily from the general public and from businesses, and invest those funds primarily in commercial loans, either secured by real estate or for commercial and industrial purposes, and in permanent loans secured by first mortgages on owner-occupied, one- to four-family residences. The Bank is active in commercial lending markets even when the lending opportunity is outside of the Bank's local footprint. We also participate with other lenders in commercial loans, and have previously purchased loans from correspondent lenders secured by mortgages on one- to four-family residences but we suspended that line of business in June 2024. The Bank invests in certain investment securities and mortgage-backed securities ("MBS"). The Bank funds our lending and investing activities from deposits and Federal Home Loan Bank of Topeka ("FHLB") borrowings.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.3M | $15.3M | $17.6M | $18.1M | $16.5M | $14.8M | $16.6M | $15.6M | $15.1M | $301.1M |
| Interest expense | $180.3M | $162.1M | $153.3M | $192.6M | $83.2M | $115.6M | $123.6M | $123.1M | $117.8M | $108.9M |
| Pre-tax income | $83.0M | $54.1M | -$139.0M | $107.2M | $96.0M | $80.6M | $120.7M | $123.9M | $127.9M | $121.9M |
| Income tax | $15.0M | $16.1M | $37.3M | $22.8M | $19.9M | $16.1M | $26.4M | $25.0M | $43.8M | $38.4M |
| Net income | $68.0M | $38.0M | -$101.7M | $84.5M | $76.1M | $64.5M | $94.2M | $98.9M | $84.1M | $83.5M |
| EPS, basic | 0.52 | 0.29 | -0.76 | 0.62 | 0.56 | 0.47 | 0.68 | 0.73 | 0.63 | 0.63 |
| EPS, diluted | 0.52 | 0.29 | -0.76 | 0.62 | 0.56 | 0.47 | 0.68 | 0.73 | 0.63 | 0.63 |
| Shares, diluted (wtd. avg.) | $130.0M | $130.7M | $133.6M | $135.7M | $135.5M | $137.9M | $137.7M | $134.8M | $134.2M | $133.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $252.4M | $217.3M | $245.6M | $49.2M | $70.3M | $239.7M | $253.7M | $139.1M | $351.7M | $281.8M |
| Property, plant and equipment | $89.3M | $91.5M | $91.5M | $94.8M | $99.1M | $101.9M | $96.8M | $96.0M | $84.8M | $83.2M |
| Goodwill | $9.3M | $9.3M | $9.3M | $9.3M | $9.3M | — | — | — | — | — |
| Other intangibles | $223.0K | $746.0K | $1.5M | $2.6M | $4.0M | — | — | — | — | — |
| Total assets | $9.78B | $9.53B | $10.18B | $9.62B | $9.63B | $9.49B | $9.34B | $9.45B | $9.19B | $9.27B |
| Total liabilities | $8.73B | $8.50B | $9.13B | $8.53B | $8.39B | $8.20B | $8.00B | $8.06B | $7.82B | $7.87B |
| Retained earnings | -$87.3M | -$111.1M | -$104.6M | $80.3M | $98.9M | $143.2M | $174.3M | $214.6M | $234.6M | $268.5M |
| Total equity | $1.05B | $1.03B | $1.04B | $1.10B | $1.24B | $1.28B | $1.34B | $1.39B | $1.37B | $1.39B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $55.0M | $31.2M | $47.5M | $97.3M | $74.5M | $92.9M | $80.9M | $124.2M | $85.4M | $85.0M |
| Stock-based compensation | $400.0K | $358.0K | $327.0K | $498.0K | $496.0K | $570.0K | $552.0K | $372.0K | $506.0K | $1.1M |
| Capital expenditure | $5.2M | $7.2M | $6.3M | $5.6M | $9.4M | $14.7M | $11.7M | $11.8M | $9.1M | $14.9M |
| Investing cash flow | -$206.6M | $629.1M | -$329.1M | -$167.6M | -$326.7M | -$151.3M | $233.3M | -$21.6M | $146.3M | $99.5M |
| Financing cash flow | $186.7M | -$688.6M | $478.0M | $49.2M | $82.8M | $44.4M | -$199.6M | -$315.2M | -$161.8M | -$675.3M |
| Dividends paid | $44.3M | $44.5M | $83.2M | $103.1M | $117.9M | $93.9M | $134.9M | $118.3M | $118.0M | $111.8M |
| Buybacks | $3.9M | $19.4M | $23.5M | $0 | $4.6M | $20.8M | $0 | $0 | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001490906-25-000033.
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