secwatch.observer — SEC 8-K summary
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Issuer:     Capitol Federal Financial, Inc. (CFFN)
CIK:        0001490906
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001490906-23-000023
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 2.01, 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capitol Federal sells $1.3B securities, posts FY2023 net loss of $111.7M
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- Sold $1.30B of securities (94% of portfolio) at 1.22% yield, recognizing $206M pretax loss; expects $0.30 EPS improvement in FY2024.
- FY2023 net loss $111.7M ($0.84/share) vs net income $84.5M ($0.62/share) prior year; adjusted EPS $0.33 excluding securities strategy.
- Q4 FY2023 net loss $150.5M ($1.13/share) due to securities transaction; excluding that, EPS $0.04.
- Net interest margin fell to 1.43% for FY2023 vs 1.79% prior year; loan growth 6.8%.
- Declared quarterly dividend $0.085/share, payable Nov 17, 2023 to holders of record Nov 3, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490906/000149090623000023/0001490906-23-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490906/000149090623000023/cffn-20231023.htm
  HTML page:      https://secwatch.observer/filing/0001490906-23-000023

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