Capitol Federal Financial, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024
April 24, 2024 at 09:00 am EDT
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Capitol Federal Financial, Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported net interest income was USD 41.32 million. Net income was USD 13.76 million. Basic earnings per share from continuing operations was USD 0.11.
For the six months, net interest income was USD 80.91 million compared to USD 87.79 million a year ago. Net income was USD 16.31 million compared to USD 30.43 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to USD 0.23 a year ago.
Capitol Federal Financial, Inc. is a unitary savings and loan holding company. The Company provides a full range of retail banking services through its subsidiary, Capitol Federal Savings Bank (the Bank), a federal savings bank, which has 46 traditional and five in-store banking offices serving primarily the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia and Salina, Kansas and portions of the Kansas City metropolitan area. The Bank attracts deposits primarily from the general public and from businesses and invests those funds primarily in permanent loans secured by first mortgages on owner-occupied, one-to four-family residences and in commercial loans. It offers an array of retail and business deposit products and services. These products include checking, savings, money market, certificates of deposit, and retirement accounts. The Bankâs deposit services are provided through its network of traditional branches and retail in-store locations, its call center.