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AI brief of an SEC Form 8-K · Capitol Federal Savings Bank (CFFN)

Capitol Federal Q3 net income falls to $9.6 million, or $0.07 a share, on tax charge

Negative Impact 3 of 5 earnings Written later

Capitol Federal Financial reported third-quarter fiscal 2024 net income of $9.6 million, or $0.07 per share, down from $13.8 million, or $0.11 per share, in the prior quarter. The company said higher income tax expense tied to the Bank's pre-1988 bad debt recapture and a higher provision for credit losses drove the decline, and it said quarterly earnings may not fully cover its $0.085 quarterly dividend.

Key points

  • Net income of $9.6 million, or $0.07 per share, for the quarter ended June 30, 2024, versus $13.8 million, or $0.11 per share, for the quarter ended March 31, 2024
  • Income tax expense on the pre-1988 bad debt recapture reduced earnings by $0.03 per share in the quarter
  • Net interest margin was 1.77%, down from 1.82% in the prior quarter
  • Quarterly cash dividend of $0.085 per share payable August 16, 2024 to holders of record on August 2, 2024; the company held $49.1 million in cash at June 30, 2024

The filing

CompanyCapitol Federal Savings Bank (CFFN)
Form8-K, current report
Filed with the SECJul 24, 2024, 9:22 AM ET
Accession number0001490906-24-000026

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.