Business

April 28, 2014

Cap Fed reports higher profit in first half

The holding company of Capitol Federal Savings said Monday its net income in the first half ended March 31 increased 6 percent from a year ago.

The holding company of Capitol Federal Savings said Monday its net income in the first half ended March 31 increased 6 percent from a year ago.

Topeka-based Capitol Federal Financial said earnings were $37.5 million for the first six months of its fiscal year, compared with $35.3 million in the same period a year ago.

The company attributed the higher profit to a decrease in non-interest expense over the period.

Its assets were $9.15 billion on March 31.

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