Lower expenses bump Cap Fed’s first-quarter earnings

01/29/2014 10:19 AM

01/29/2014 10:19 AM

Capitol Federal Financial said Wednesday that it saw a slight increase in net income in its first quarter earnings.

The Topeka-based parent of Capitol Federal Savings said net income for its first quarter, which ended Dec. 31, was $17.8 million compared, with $17.6 million in the first quarter of 2012.

Capitol Federal’s fiscal year ends on Sept. 30.

The company said the increase was due largely to a decrease in expenses related to its employee stock ownership plan.

Its assets were $9.1 billion at the end of the quarter.

Wichita Top Jobs

View All Top Jobs

Join the Discussion

The Wichita Eagle is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Terms of Service