---
schema_version: "secwatch.filing_event.v1"
accession: "0001325878-24-000103"
form_type: "8-K"
ticker: null
cik: "0001325878"
company_name: "Federal Home Loan Bank of Topeka"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:38:06.455841+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FHLBank Topeka Q1 net income $114.2M, up 35% YoY; net interest income up to $136.1M

## Summary
- Net income of $114.2M for Q1 2024 vs $84.8M for Q1 2023 (increase 34.7%).
- Net interest income increased $31.7M to $136.1M; net interest margin rose 18 bps to 0.74%.
- Total assets $73.7B (down $1.2B from Dec 2023) due to $3.7B decline in advances.
- ROE improved to 12.0% from 9.0% prior-year quarter.
- Dividend rates: Class A 4.75%, Class B 9.50% (weighted avg 8.76%).

## SEC filing metadata
- accession: 0001325878-24-000103
- form_type: 8-K
- cik: 0001325878
- company_name: Federal Home Loan Bank of Topeka
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325878/000132587824000103/0001325878-24-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325878/000132587824000103/fhlbt-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001325878-24-000103
- JSON: https://secwatch.observer/filing/0001325878-24-000103.json
- Plain text: https://secwatch.observer/filing/0001325878-24-000103.txt

## Key facts
- Earnings Releases
  Federal Home Loan Bank of Topeka reported the quarter ended March 31, 2024 results: revenue $136.1 million, net income $114.2 million.
  - Period: the quarter ended March 31, 2024
  - Revenue: $136.1 million
  - Net income: $114.2 million
  - Result: reported results
  source text: was primarily due to an increase in net interest income. Net interest income increased $31.7 million for the quarter, from $104.4 million for the quarter ended March 31, 2023 to $136.1 million for the quarter ended March 31, 2024. The increase for the current quarter was due to an increase in yields across all asset categories and an increase in net interest spread,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325878/000132587824000103/0001325878-24-000103-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.