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Dec 31, 2020
Capitol Federal Q1 2021 Earnings Report
Capitol Federal Financial's financial performance for Q1 2021 was announced, featuring a net income of $18.9 million and earnings per share of $0.14.
Key Takeaways
Capitol Federal Financial, Inc. reported a net income of $18.9 million, or $0.14 per share, for the quarter ended December 31, 2020. The results reflect a decrease in net interest margin and changes in asset yields, but were partially offset by a negative provision for credit losses.
Net income was $18.9 million.
Basic and diluted earnings per share were $0.14.
Net interest margin was 1.92%.
Annualized deposit growth was approximately 14%.
Capitol Federal
Capitol Federal
Forward Guidance
Management anticipates the effective income tax rate for fiscal year 2021 will be approximately 21% to 22%.