Capitol Federal Financial on Thursday reported an 11.9 percent jump in earnings during the first three months of 2016, which cover the second quarter of the company’s fiscal year.
The $21.5 million profit equaled 16 cents a share, compared with $19.2 million, or 14 cents a share, a year ago.
Higher interest income on loans and securities, after paying interest on deposits and other funding sources, added to the increase in profits. Capitol Federal also reported $6.77 billion in loans at the end of March, up from $6.37 billion a year earlier.
The Topeka-based company owns Capitol Federal Savings, which operates 47 branches in Kansas and Missouri.
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