Capitol Federal Financial (CFFN) Tops Q1 EPS by 4c; offers FY24 outlook

Capitol Federal Financial (NASDAQ: CFFN) reported Q1 EPS of $0.10, $0.04 better than the analyst estimate of $0.06. Revenue for the quarter came in at $39.59 million versus the consensus estimate of $39.67 million.

OUTLOOK

The federal insurance premium is anticipated to be approximately $1.5 million higher in fiscal year 2024 compared to fiscal year 2023 due to the increase in the FDIC assessment rate as discussed above. Management anticipates the effective tax rate for fiscal year 2024 will be approximately 18%.

For earnings history and earnings-related data on Capitol Federal Financial (CFFN) click here.

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