Capitol Federal earnings dip from a year ago

Earnings dipped 2.3 percent at Capitol Federal Financial during the first quarter of this year compared with a year ago.

The Topeka-based savings bank company earned $19.2 million, or 14 cents a share, in January, February and March. It earned $19.7 million, also 14 cents a share, in the same months of 2014.

Shares of Capitol Federal were down 18 cents, or 1.47 percent, at $12.10 as the close Wednesday.

Capitol Federal’s interest and dividend earnings from loans and investments exceeded the interest it paid out on deposits and other obligations by more than it did a year ago. But the company said this net interest margin declined during the recent quarter compared with October, November and December.

Income from fees and other sources fell 7.9 percent in the recent quarter compared with a year ago, contributing to the drop in earnings.

Assets at the end of March totaled $10 billion, including $6.36 billion in loans.

This story was originally published April 29, 2015 at 9:53 AM with the headline "Capitol Federal earnings dip from a year ago."