Pulling SEC filings + quote and writing the call…

Capitol Federal Financial, Inc.
Next earnings Jul 21, 2026 · consensus $0.18 EPS, $60.3M rev
Last earnings -4.2% on 2026-04-29
Thrift in mid-pivot to commercial lending — NIM and earnings recovering, but 6.5% ROE near book value caps the upside.
Sources: SEC EDGAR (CIK 0001490906, latest 10-Q filed 2026-05-08) · EODHD · analysis by claude-code · as of 6/25/2026, 2:16:46 PM.
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Middling fundamentals offset by an attractive price (~134% below fair value) — worth a look on the value angle.
CFFN is a $9.78B-asset thrift executing a deliberate balance-sheet pivot from one- to four-family mortgages to commercial real estate. The MD&A quantifies the shift cleanly: commercial loans grew $607M (~40%) in FY2025 while one- to four-family balances shrank $400M, and that mix change drove net interest margin from 1.77% to 1.96% (+19 bps). Combined with the absence of FY2024's securities-strategy losses, net income rebounded to $68.0M ($0.52 diluted EPS) from $38.0M ($0.29), and the efficiency ratio improved to 58.33% from 66.91%. Asset quality is being managed conservatively into the pivot — weighted-average commercial originations carry a 1.76x DSCR and 65% LTV.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $16.5M | $18.1M | $17.6M | $15.3M | $16.3M |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $76.1M | $84.5M | -$102M | $38.0M | $68.0M |
| Diluted EPS | $0.56 | $0.62 | -$0.76 | $0.29 | $0.52 |
| Net margin | 461.1% | 466.6% | -577.6% | 248.4% | 417.3% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Q2 FY26 10-Q; commercial loan portfolio continues +40% trajectory, NIM holding
Q2 FY26 earnings release; mid-year update on NIM expansion and commercial loan growth
Q1 FY26 10-Q; higher loan yields drive NIM, credit quality remains strong
Amendment to prior 8-K; clarifying exhibits, no new material disclosure
Annual meeting vote results; director slate and routine governance items ratified
Q1 FY26 earnings release; continued NIM and commercial-mix tailwinds disclosed
Reg FD disclosure (investor presentation/update); no material change to outlook
Proxy for annual meeting; standard director/auditor/exec-comp items
Reg FD investor materials posted; routine quarterly dividend/strategy update
1047 tracked peers · median
Disclosed under the STOCK Act
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
| 2025-12-31 | Jackson Rick C Executive Vice President | Exercise | 9.15K @ $8.65 | $79.1K |
| 2025-12-31 | Jackson Rick C Executive Vice President | Disposed (D) | 9.15K @ $6.81 | $62.3K |
| 2025-12-31 | Van Houweling Tara Principal Accounting Officer | Exercise | 2.83K @ $8.65 | $24.4K |
| 2025-12-31 | Van Houweling Tara Principal Accounting Officer | Disposed (D) | 2.83K @ $6.81 | $19.2K |
| 2025-12-31 | Haag Natalie G. Executive Vice President | Exercise | 8.73K @ $8.65 | $75.5K |
| 2025-12-31 | Haag Natalie G. Executive Vice President | Disposed (D) | 8.73K @ $6.81 | $59.4K |
| 2025-12-31 | TOWNSEND KENT G Executive Vice President | Exercise | 12.4K @ $8.65 | $108K |
| 2025-12-31 | TOWNSEND KENT G Executive Vice President | Disposed (D) | 12.4K @ $6.81 | $84.7K |
| 2025-12-31 | DICUS JOHN B Chairman, President and CEO | Exercise | 17.3K @ $8.65 | $150K |
| 2025-12-31 | DICUS JOHN B Chairman, President and CEO | Disposed (D) | 17.3K @ $6.81 | $118K |
| 2025-12-31 | Barry Anthony S. Executive Vice President | Exercise | 8.08K @ $8.65 | $69.9K |
| 2025-12-31 | Barry Anthony S. Executive Vice President | Disposed (D) | 8.08K @ $6.81 | $55.0K |