earnings
confidence high
sentiment neutral
materiality 0.60
Capitol Federal Q3 FY21 net income $18.2M ($0.13 EPS); net interest margin 1.84%
Capitol Federal Financial, Inc.
2021-Q3 EPS reported
$0.42
- Net income $18.2M, EPS $0.13; down from $20.4M ($0.15) in prior quarter due to one-time items.
- Net interest margin fell 4 bps to 1.84% as loan yield dropped 16 bps to 3.11%.
- Paid $0.485/share dividend including $0.40 True Blue special; declared $0.085 quarterly dividend.
- Negative provision for credit losses of $2.7M driven by improved economic outlook for commercial loans.
- Nine-month net income $57.5M ($0.42) vs $46.3M ($0.34) a year ago, helped by reversal of prior credit provisions.