Capitol Federal Financial 24 Year Stock Price History CFFN

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. The growth that the institution saw between 2020 and 2022 was made possible by continued investments made in the form of loans and various securities. Available for sale securities remained more or less flat at around $1.56 billion during that three-year window, though there was a spike to $2.01 billion in 2021. Meanwhile, the value of loans increased from $7.20 billion to $7.46 billion.

This jumped from $28 million last year to $96.5 million this year. At the end of 2022, for instance, the bank had $2.13 billion of debt on its books. As of the end of the third quarter, this number had grown to $2.99 billion. On top of this, a general increase in interest rates caused by Federal Reserve policy aimed at combating inflation has also proven to be problematic for the bank. We saw a slight drop to $6.07 billion in the first quarter of this year before experiencing a slight rebound to $6.14 billion during the second quarter.

How Much Is Capitol Federal Financial, Inc. (NASDAQ:CFFN) Paying Its CEO?

About $2.58 billion of this amount was in the form of loans that the bank purchased, with about $3.99 billion involving loans that it originated. The second-largest concentration of loans involved commercial properties, at about $1.22 billion. All things considered, I must say that I am fairly pleased with Capitol Federal Financial. It’s a bit more complicated to digest its fundamental picture because it deviates in multiple ways, some positive, and some negative, from many of the other banks that I have looked at. Uninsured deposit exposure is lower, but overall deposits have really failed to grow. Debt is high while the book value per share has continued to drop.

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CFFN Stock News Headlines

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• Since then, CFFN stock has decreased by 39.3% and is now trading at $5.25.
• The second-largest concentration of loans involved commercial properties, at about $1.22 billion.
• The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
• Style is calculated by combining value and growth scores, which are first individually calculated.

One share of CFFN stock can currently be purchased for approximately $5.25. 44 employees have rated Capitol Federal Financial Chief Executive Officer John B. Dicus on Glassdoor.com. John B. Dicus has an approval rating of 95% among the company’s employees. This puts John B. Dicus in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 59.0% of employees surveyed would recommend working at Capitol Federal Financial to a friend.

Capitol Federal Financial, Inc. Competitors

Normally, the continued decline in deposits would cause me to be concerned. He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. Capitol Federal Financial https://1investing.in/ announced a quarterly dividend on Tuesday, July 25th. Shareholders of record on Friday, August 4th will be paid a dividend of $0.085 per share on Friday, August 18th. This represents a $0.34 annualized dividend and a dividend yield of 6.48%.

We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Over the past few fiscal years, Capitol Federal Financial has done quite well to grow both its top and bottom lines. Net interest income, for instance, managed to rise from $167 million in 2020 to $197.2 million in 2022.

Sales & Book Value

Prior to this year, the bank had done quite well in terms of growing its top and bottom lines. But we have seen some weakness this year because of higher interest rates. But on the whole, I feel as though the bank is attractive enough to rate a soft ‘buy’ at this time. Driven by high amounts of debt, declining profits, and continued weakness when it comes to deposits, Capitol Federal Financial is still down 36% compared to where the stock ended in February of this year. For context, at its low point after February, shares were down as much as 37.4%.

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Other than the high amount of leverage and the recent drop in deposits, the only negative that I see with Capitol Federal Financial is that its book value per share has a history of declining from year to year. Even though this is a negative, it is worth mentioning sbimf smart statement that shares are currently trading at only 67.4% of the company’s book value. And, using results from 2022, the stock is trading at a price-to-earnings multiple of 8.7. This is quite attractive, though not the cheapest that I have seen by any means.

Capitol Federal Financial, Inc. to Report Q1, 2023 Results on Jan 25, 2023

However, in the third quarter, which was the first full quarter for which the effects of the banking crisis played out, deposits fell again, totaling $6.09 billion. Though that is not a large drop, it is still discouraging to see during these uncertain times. The really good thing about the deposit picture, however, is that, as of the end of the most recent quarter, only 11.1% of deposits were classified as uninsured. This is some of the lowest exposure that I have seen in a bank this year. That certainly makes the picture better from a risk perspective.

CFFN’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. A roundup of the latest corporate earnings reports and what companies are saying about future quarters.

MarketWatch

Over this window of time, non-interest income inched up from $19.6 million to $22.8 million. Both of these, combined, caused net income to grow from $64.5 million to $84.5 million. This is not to say that everything has gone fantastic from a revenue and profit perspective. In the first three quarters of 2023, net interest income for the bank came in at $116.7 million. As the chart above illustrates, both non-interest income and net profits also declined on a year-over-year basis, with the latter dropping by almost half from $65 million to $38.7 million. These three financial-sector stocks are all sharply higher, despite the overall pressure on the stock market.

As a small commercial bank, Capitol Federal Financial provides all the primary services that many other banks of its size due. Examples here include offering deposit services, not only for the general public, but also for businesses. The company gives out loans, including commercial loans, mortgages, and more. It also makes investments in various securities, including mortgage-backed securities.