Capitol Federal Financial, Inc. reported a net income of $18.6 million, or $0.14 per share, for the quarter ended September 30, 2021. The net interest margin increased to 1.97%.
Net income was $18.6 million.
Basic and diluted earnings per share were $0.14.
Net interest margin was 1.97%.
Dividends of $11.5 million, or $0.085 per share, were paid.
For fiscal year 2022, it is the intention of the Board of Directors to continue the payout of 100% of the Company's earnings to the Company's stockholders. Management anticipates the effective income tax rate for fiscal year 2022 will be approximately 21% to 22%. Dividend payments depend upon a number of factors including the Company's financial condition and results of operations, regulatory capital requirements, regulatory limitations on the Bank's ability to make capital distributions to the Company, and the amount of cash at the holding company level.