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Jun 30, 2024
Capitol Federal Q3 2024 Earnings Report
Capitol Federal Financial, Inc. reported Q3 2024 results with a net income of $9.6 million and EPS of $0.07.
Key Takeaways
Capitol Federal Financial, Inc. reported a net income of $9.6 million, or $0.07 per share, for the quarter ended June 30, 2024. The lower net income compared to the previous quarter was primarily due to higher income tax expense related to the Bank's pre-1988 bad debt recapture and a higher provision for credit losses from commercial loan growth. The company's Board of Directors is committed to paying the $0.085 per share cash dividend each quarter for the foreseeable future.
Net income for the quarter was $9.6 million.
Basic and diluted earnings per share were $0.07.
Net interest margin was 1.77%.
Dividends of $0.085 per share were paid.