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Mar 31, 2021
Capitol Federal Q2 2021 Earnings Report
Reported positive results driven by an increase in non-interest income from the sale of VISA Class B shares, offset by an increase in non-interest expense from interest rate swap termination.
Key Takeaways
Capitol Federal Financial, Inc. reported a net income of $20.4 million, or $0.15 per share, for the quarter ended March 31, 2021, compared to a net income of $18.9 million, or $0.14 per share, for the quarter ended December 31, 2020. The increase was primarily due to an increase in non-interest income resulting from the sale of VISA Class B shares, partially offset by an increase in non-interest expense due to the termination of interest rate swaps.
Net income of $20.4 million.
Basic and diluted earnings per share of $0.15.
Net interest margin of 1.88%.
Annualized deposit growth of approximately 15%.
Capitol Federal
Capitol Federal
Capitol Federal Revenue by Segment
Revenue by Segment
Loans receivable Revenue
CapyFin.comFHLB stock Revenue
CapyFin.comCash and cash equivalents Revenue
CapyFin.comInvestment securities Revenue
CapyFin.com Forward Guidance
Board of Directors intends to continue the payout of 100% of the Company's earnings to the Company's stockholders.