CFFN FY 2014 Earnings Report — Capitol Federal Financial, Inc. Revenue & Financial Results | Market Cap Arena

Capitol Federal Financial, Inc.CFFN

FY 2014 Earnings

Reported November 26, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$305M	—	$314M	—	-2.8%
Op. Income	$115M	—	$106M	—	9.1%
Gross Margin	64.8%	—	62.0%	—	2.8pp
Net Margin	25.4%	—	22.1%	—	3.4pp
EPS (Diluted)	$0.56	—	$0.48	—	16.7%
Free Cash Flow	$85M	—	$83M	—	1.9%

Revenue Flow

Item	Amount
REVENUE	$305M
Cost of Revenue	$108M
GROSS PROFIT	$198M
R&D Expenses	$0
Selling & Marketing	$4M
General & Administrative	$58M
SG&A Expenses	$62M
Other Expenses	$21M
Operating Expenses	$83M
Cost & Expenses	$190M
OPERATING INCOME	$115M
Interest Income	$290M
Interest Expense	$106M
Other Income/Expenses	$0
INCOME BEFORE TAX	$115M
Income Tax Expense	$37M
Net Income from Continuing Ops	$78M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$78M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$78M
D&A	$6M
EBIT	$115M
EBITDA	$121M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$305M
Cost of Revenue	$108M
GROSS PROFIT	$198M
R&D Expenses	$0
Selling & Marketing	$4M
General & Administrative	$58M
SG&A Expenses	$62M
Other Expenses	$21M
Operating Expenses	$83M
Cost & Expenses	$190M
OPERATING INCOME	$115M
Interest Income	$290M
Interest Expense	$106M
Other Income/Expenses	$0
INCOME BEFORE TAX	$115M
Income Tax Expense	$37M
Net Income from Continuing Ops	$78M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$78M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$78M
D&A	$6M
EBIT	$115M
EBITDA	$121M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$78M
Depreciation & Amortization	$6M
Stock-Based Compensation	$4M
Deferred Income Tax	$2M
Other Non-Cash Items	$8M
Change in Working Capital	-$6M
OPERATING CASH FLOW	$92M
Capital Expenditure	-$7M
Acquisitions (Net)	$0
Purchases of Investments	-$290M
Sales/Maturities of Investments	$678M
Other Investing Activities	-$353M
NET CASH FROM INVESTING	$28M
Net Debt Issuance	$750M
Common Stock Repurchased	-$80M
Common Dividends Paid	-$138M
Other Financing Activities	$45M
NET CASH FROM FINANCING	$577M
FREE CASH FLOW	$85M
Net Change in Cash	$697M

Balance Sheet

Item	Amount
Cash & Equivalents	$811M
Short-Term Investments	$841M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.7B
PP&E (Net)	$71M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$7.8B
Tax Assets	$393.0K
Other Non-Current Assets	$357M
TOTAL NON-CURRENT ASSETS	$8.2B
TOTAL ASSETS	$9.9B
Account Payables	$46M
Short-Term Debt	$220M
Deferred Revenue	$0
Other Current Liabilities	$4.7B
TOTAL CURRENT LIABILITIES	$4.9B
Long-Term Debt	$3.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$22M
Other Non-Current Liabilities	$58M
TOTAL NON-CURRENT LIABILITIES	$3.5B
TOTAL LIABILITIES	$8.4B
Common Stock	$1M
Additional Paid-In Capital	$1.2B
Retained Earnings	$347M
Treasury Stock	$0
Accum. Other Comp. Income	$7M
Other Equity	-$43M
TOTAL STOCKHOLDERS' EQUITY	$1.5B
Minority Interest	$0
TOTAL EQUITY	$1.5B
TOTAL LIABILITIES & EQUITY	$9.9B
Total Debt	$3.6B
Net Debt	$2.8B