Cap Fed sees year-end earnings gain

10/31/2012 9:47 AM

10/31/2012 9:48 AM

The holding company of Capitol Federal Savings said Wednesday it ended its fiscal year with a gain in net income.

Capitol Federal Financial said its net income for the fiscal year ended Sept. 30 was $74.5 million, compared with $38.4 million in fiscal year 2011.

The Topeka-based company said last year’s net income was affected by a $26 million contribution to the Capitol Federal Foundation related to its conversion to a fully public company.

Total assets for the year were $9.37 billion, compared with $9.45 billion a year ago.

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