$CFFN

Capitol Federal Financial Inc

CIK:0001490906|SEC Filings

Consolidated Statements Of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Consolidated Statements Of Income - USD ($) $ in Thousands	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
INTEREST AND DIVIDEND INCOME:
Loans receivable	$ 90,566	$ 82,914	$ 269,681	$ 245,175
Mortgage-backed securities ("MBS")	10,747	12,163	32,941	34,451
Cash and cash equivalents	1,988	1,620	7,235	6,220
FHLB stock	1,767	2,197	5,657	6,834
Investment securities	51	784	154	2,795
Total interest and dividend income	105,119	99,678	315,668	295,475
INTEREST EXPENSE:
Deposits	36,275	35,860	110,074	109,058
Borrowings	15,361	18,360	48,528	54,889
Total interest expense	51,636	54,220	158,602	163,947
NET INTEREST INCOME	53,483	45,458	157,066	131,528
PROVISION FOR CREDIT LOSSES	(433)	(451)	3,045	226
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	53,916	45,909	154,021	131,302
NON-INTEREST INCOME:
Income from bank-owned life insurance ("BOLI")	1,856	759	3,972	2,053
Other non-interest income	987	778	2,946	2,124
Total non-interest income	6,668	5,288	17,606	14,934
NON-INTEREST EXPENSE:
Salaries and employee benefits	16,858	15,277	48,433	44,447
Information technology and related expense	4,787	5,163	15,346	14,637
Occupancy, net	3,372	3,270	10,087	10,105
Professional and other services	1,501	1,261	4,869	3,843
Federal insurance premium	1,103	1,072	3,324	3,205
Advertising and promotional	1,365	1,453	3,066	3,035
Deposit and loan transaction costs	631	715	2,115	2,185
Office supplies and related expense	442	370	1,434	1,206
Other non-interest expense	1,283	983	3,418	3,589
Total non-interest expense	31,342	29,564	92,092	86,252
INCOME BEFORE INCOME TAX EXPENSE	29,242	21,633	79,535	59,984
INCOME TAX EXPENSE	5,672	3,251	15,513	10,772
NET INCOME	$ 23,570	$ 18,382	$ 64,022	$ 49,212
Basic earnings per share ("EPS")	$ 0.19	$ 0.14	$ 0.51	$ 0.38
Diluted EPS	$ 0.19	$ 0.14	$ 0.51	$ 0.38
Basic weighted average common shares	124,009,429	130,081,065	126,539,746	130,026,451
Diluted weighted average common shares	124,009,429	130,081,065	126,539,746	130,026,451
Deposit service fees [Member]
NON-INTEREST INCOME:
Revenue from contracts with customers	$ 2,987	$ 2,867	$ 8,549	$ 8,170
Insurance commissions [Member]
NON-INTEREST INCOME:
Revenue from contracts with customers	$ 838	$ 884	$ 2,139	$ 2,587

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 64,022	$ 49,212
Adjustments to reconcile net income to net cash provided by operating activities:
FHLB stock dividends	(5,657)	(6,834)
Provision for credit losses	3,045	226
Originations of loans receivable held-for-sale ("LHFS")	403	1,990
Proceeds from sales of LHFS	408	3,629
Amortization and accretion of premiums and discounts on securities	(2,729)	(2,491)
Depreciation and amortization of premises and equipment	5,267	5,440
Amortization of intangible assets	191	411
Amortization of deferred amounts related to FHLB advances, net	1,028	1,080
Common stock committed to be released for allocation - ESOP	886	738
Stock-based compensation	290	300
Amortization of net deferred loan fees and premiums	(2,195)	(187)
Change in cash surrender value of BOLI	3,575	1,853
Changes in:
Unrestricted cash collateral from derivative counterparties, net	960	(440)
Other assets, net	8,246	4,159
Income taxes receivable, net	(537)	(727)
Deferred income tax assets, net	(4,666)	(1,595)
Other liabilities	(17,591)	(18,751)
Net cash provided by operating activities	56,322	33,517
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of AFS securities	(37,786)	(248,207)
Proceeds from calls, maturities and principal reductions of AFS securities	113,127	147,190
Proceeds from the redemption of FHLB stock	20,204	11,515
Payments to Acquire Federal Home Loan Bank Stock	0	1,731
Net change in loans receivable	(55,174)	(117,839)
Purchase of BOLI	45,000	0
Proceeds from BOLI death benefit	909	667
Purchase of premises and equipment	(4,664)	(3,550)
Proceeds from sale of premises and equipment	2	43
Proceeds from sale of other real estate owned ("OREO")	409	110
Net cash (used in) investing activities	(7,973)	(211,802)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in deposits	259,257	301,155
Proceeds from borrowings	425,200	650,100
Repayments on borrowings	(738,763)	(758,635)
Payment of FHLB prepayment penalties	(2,147)	(547)
Cash dividends paid	(37,489)	(33,186)
Repurchase of common stock and excise tax payments	(45,930)	0
Change in advances by borrowers	(24,822)	(22,944)
Net cash (used in) provided by financing activities	(164,694)	135,943
NET (DECREASE) IN CASH AND CASH EQUIVALENTS	116,345	42,342
CASH AND CASH EQUIVALENTS:
Beginning of year	252,443	217,307
End of year	$ 136,098	$ 174,965

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2026	Sep. 30, 2025
ASSETS:
Cash and cash equivalents (includes interest-earning deposits of $118,155, $314,655 and $229,566)	$ 136,098	$ 252,443
AFS securities, at estimated fair value (amortized cost of $774,757, $795,659 and $847,369)	783,559	867,216
Loans receivable, net (ACL of $26,103, $26,599 and $24,039)	8,166,762	8,111,961
Federal Home Loan Bank Topeka ("FHLB") stock, at cost	76,115	90,662
Premises and equipment, net	88,461	89,314
Income taxes receivable, net	747	220
Deferred federal income tax assets, net	22,711	23,826
Other assets	387,731	343,059
TOTAL ASSETS	9,662,184	9,778,701
LIABILITIES:
Deposits	6,850,705	6,591,448
Borrowings	1,636,246	1,950,770
Advances by borrowers	40,594	65,416
Deferred state income tax liabilities, net	3,146	2,056
Other liabilities	110,173	121,334
Total liabilities	8,640,864	8,731,024
STOCKHOLDERS' EQUITY:
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued or outstanding	0	0
Common stock, $0.01 par value; 1,400,000,000 shares authorized, 125,857,559, 127,688,691 and 132,204,305 shares issued and outstanding as of June 30, 2026, March 31, 2026, and September 30, 2025, respectively	1,259	1,322
Additional paid-in capital	1,096,321	1,142,711
Unearned compensation, Employee Stock Ownership Plan ("ESOP")	(23,541)	(24,780)
Accumulated deficit	(60,798)	(87,331)
Accumulated other comprehensive income ("AOCI"), net of tax	8,079	15,755
Total stockholders' equity	1,021,320	1,047,677
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 9,662,184	$ 9,778,701