Capitol Federal Financial (CFFN) investor relations material

Executive summary

• Net income for Q3 2026 was $23.6 million, up from $20.1 million in the prior quarter, and $64.0 million for the nine months ended June 30, 2026, up 30% year-over-year, driven by higher net interest income, margin expansion, and improved efficiency.

• 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.

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; for the nine months ended June 30, 2026, it was 2.25%, up from 1.92% year-over-year.

• Efficiency ratio improved to 52.10% from 52.45% sequentially; for the nine months ended June 30, 2026, it was 52.72%, improved from 58.89% year-over-year.

• Return on average equity reached 9.21% and return on average assets was 0.97% for Q3 2026; for the nine months ended June 30, 2026, return on average equity was 8.22% and return on average assets was 0.87%.

• Tangible book value per share increased to $8.04.

• Loans receivable, net, increased to $8.17 billion, up 0.9% from September 30, 2025.

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, and continue share repurchases.

• Net commercial loan balances are expected to grow approximately 3% in the quarter ending September 30, 2026, with overall net commercial loan growth of about 20% for the fiscal year.

• Total loans receivable, net, anticipated to increase by about 1% for the fiscal year.

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