earnings
confidence high
sentiment neutral
materiality 0.65
Capitol Federal Q1 FY2022 net income $22.2M, EPS $0.16; NIM 1.99%, dividend $0.085/share
Capitol Federal Financial, Inc.
2022-Q1 EPS reported
$0.16
- Net income of $22.2M ($0.16 EPS) vs $18.9M ($0.14) year ago; increase driven by higher negative provision & NII.
- Net interest margin 1.99%, up 7 bps YoY; lower deposit and borrowing costs outpaced asset yield decline.
- Paid $0.305/share in dividends (incl. $0.22 true-up); declared $0.085/share quarterly dividend payable Feb 18, 2022.
- Reimplemented leverage strategy in Jan 2022 with $1.80B in short-term FHLB advances; expects continued profitability.
- Efficiency ratio improved to 52.22% from 55.37% YoY, reflecting higher NII and lower non-interest expense.