Capitol Federal Financial (CFFN) investor relations material

Executive summary

• Achieved net income of $23.6 million for Q3 2026, up from $20.1 million in the prior quarter, driven by higher net interest income, margin expansion, and a release of provision for credit losses.

• Commercial loan portfolio grew to $2.5 billion, now 30% of total loans, reflecting a strategic shift from single-family to commercial lending.

• Maintained strong capital position, supporting ongoing dividends and share repurchases.

• Continued investments in technology, digital banking, and wealth management to enhance customer experience and drive growth.

• Total assets stood at $9.66 billion and stockholders' equity at $1.02 billion as of June 30, 2026.

Financial highlights

• Net interest margin rose to 2.31% in Q3 2026, up from 2.24% in the prior quarter and 1.21% in FY 2023.

• Efficiency ratio improved to 52.10% from 52.45% sequentially; operating expense ratio was 1.29%.

• Tangible book value per share increased to $8.04.

• For the nine months ended June 30, 2026, net income was $64.0 million ($0.51 per share), up from $49.2 million ($0.38 per share) year-over-year.

• Commercial loans grew by $357 million since September 2025, now comprising 30% of total loans.

Outlook and guidance

• Board intends to pay a regular quarterly cash dividend of $0.085 per share, totaling $0.34 per share for FY 2026.

• Anticipates quarterly commercial loan growth of ~3% and overall net commercial loan growth of ~20% for FY2026.

• Total loans receivable expected to increase by ~1% for the fiscal year, with repayments from single-family loans supporting commercial growth.

• Focus remains on expanding commercial lending, digital banking, and treasury management to drive long-term value.

• Board intends to maintain regular quarterly cash dividends and pursue further share repurchases as opportunities arise.