earnings
confidence high
sentiment negative
materiality 0.70
Capitol Federal Q1 FY2023 net income $16.2M, EPS $0.12; NIM slides to 1.61%
Capitol Federal Financial, Inc.
2023-Q1 EPS reported
$0.12
- Net income $16.2M ($0.12 EPS) vs $19.5M ($0.14) prior quarter and $22.2M ($0.16) year ago.
- Net interest margin 1.61% (1.88% ex-leverage strategy); compression expected to continue.
- Provision for credit losses $3.7M vs recovery of $3.4M in prior year quarter; loan growth 17.1% annualized.
- Declared $0.085/sh quarterly dividend payable Feb 17; repurchased 2.73M shares at avg $8.13.
- Total assets $9.93B; management expects to exceed $10B in some quarters this year.