UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ to __ Commission file number: 001-34814 Capitol Federal Financial, Inc. (Exact name of registrant as specified in its charter) Maryland 27-2631712 (State or ot ...

Financial Performance - For the quarter ended June 30, 2019, the Company recognized net income of $22.9 million, or $0.17 per share, compared to $22.4 million, or $0.17 per share for the same quarter in 2018, reflecting a $525 thousand increase in net income [79]. - For the nine-month period ended June 30, 2019, net income was $71.8 million, or $0.52 per share, a decrease of $5.7 million, or 7.4%, from the same period in 2018, primarily due to increased non-interest expenses [79]. - The company reported net income of $71.8 million for the nine-month period ending June 30, 2019 [136]. - The company reported net income of $22.9 million for the three months ended June 30, 2019, a decrease from $24.6 million in the previous quarter, reflecting a decline of 6.7% [139]. - Net interest income after provision for credit losses was $51.2 million, down from $52.6 million in the previous quarter, indicating a decrease of 2.6% [139]. Assets and Liabilities - Total assets at June 30, 2019, were $9.29 billion, a decrease of $163.3 million from September 30, 2018, largely due to reductions in operating cash and the securities portfolio [82]. - Total assets decreased to $9.29 billion at June 30, 2019, down from $9.53 billion at March 31, 2019, a decrease of $248.3 million [91]. - Total liabilities and stockholders' equity were $9,286,275 thousand as of June 30, 2019 [155]. - The total amount of term borrowings was $990 million with a repricing rate of 2.40% as of June 30, 2020 [134]. - The Bank had total borrowings of $2.24 billion, representing approximately 24% of total assets [195]. Loan Portfolio - The commercial loan portfolio increased to $798.7 million at June 30, 2019, compared to $569.6 million at September 30, 2018, with 77% in commercial real estate [82]. - The one- to four-family loan portfolio decreased by $229.1 million, while the commercial loan portfolio increased by the same amount during the fiscal year [91]. - Total loans receivable amounted to $7,548,313 thousand with a yield of 3.78% for the quarter ended June 30, 2019 [186]. - Total loans receivable, net, stood at $7.51 billion as of June 30, 2019, showing a slight decrease from $7.51 billion at March 31, 2019 [93]. - The commercial loan portfolio increased to $798.7 million as of June 30, 2019, up from $729.7 million at March 31, 2019 [105]. Interest Income and Expense - The net interest margin increased by 43 basis points, from 1.87% to 2.30% for the nine-month period, with the increase attributed to higher yielding commercial loans from the CCB acquisition [81]. - The weighted average yield on total interest-earning assets increased by 53 basis points to 3.61% for the nine months ended June 30, 2019 [141]. - Interest expense decreased by 6.0% to $90.1 million for the nine months ended June 30, 2019, down from $95.9 million in the prior year [144]. - The average yield on total interest-earning assets remained unchanged at 3.64% compared to the prior quarter, while the average balance of interest-earning assets decreased by $646 thousand [179]. - The average rate paid on FHLB line of credit borrowings during the nine-month period was 2.58% [136]. Non-Interest Income and Expenses - Non-interest income increased to $5.7 million from $5.0 million in the previous quarter, representing a growth of 13.5% [139]. - Total non-interest income decreased by $116 thousand, or 0.7%, to $16,099 thousand for the current year nine-month period [148]. - Total non-interest expense increased by $10,469 thousand, or 14.9%, to $80,614 thousand for the current year nine-month period [149]. - The efficiency ratio rose to 48.28% from 45.38% in the previous quarter, indicating a decline in operational efficiency [139]. - The increase in salaries and employee benefits was primarily due to expenses related to former CCB employees, contributing to the overall rise in non-interest expenses [171]. Capital and Equity - Stockholders' equity was $1.33 billion at June 30, 2019, down $64.5 million from September 30, 2018, primarily due to $123.2 million in cash dividends paid [82]. - The ratio of stockholders' equity to total assets was 12.6% at June 30, 2019, above the management's target of at least 10% [136]. - The Bank's total capital ratio was 24.0% as of June 30, 2019, exceeding the minimum regulatory requirement of 8.0% [203]. - The Bank's Tier 1 capital ratio was 23.8% as of June 30, 2019, well above the minimum requirement of 6.0% [203]. - The company has authorized a stock repurchase plan of up to $70.0 million, with no shares repurchased to date [136]. Credit Quality - The Bank's traditional underwriting guidelines have resulted in low delinquency rates, with loans 30 to 89 days delinquent at 0.21% as of June 30, 2019, compared to 0.23% in March 2019 [111]. - As of June 30, 2019, the total non-performing loans amounted to $10,013,000, a decrease from $12,926,000 in March 2019 [113]. - Non-performing loans as a percentage of total loans were 0.13% in June 2019, down from 0.17% in March 2019 [113]. - The allowance for credit losses (ACL) ending balance is $9,036 thousand, reflecting a provision for credit losses of $450 thousand during the current quarter [119]. - The overall ACL is considered adequate for the loan portfolio as of June 30, 2019 [119]. Securities and Investments - The balance of Mortgage-Backed Securities (MBS) decreased by $57.7 million, from $1.04 billion at September 30, 2018, to $979.3 million at June 30, 2019 [124]. - Total fixed-rate securities amounted to $921.4 million with a yield of 2.42% and a weighted average life (WAL) of 2.4 years as of June 30, 2019 [122]. - The total securities portfolio was valued at $1.24 billion with a yield of 2.60% and a WAL of 2.9 years as of June 30, 2019 [122]. - The company purchased fixed-rate securities totaling $149.8 million at a yield of 2.65% during the nine months ended June 30, 2019 [125]. - The total carrying value of MBS held by the company was $979.3 million, reflecting a decrease from the previous period [124]. Deposits and Funding - The deposit portfolio decreased by $120.2 million during the current quarter, primarily due to a $57.2 million decrease in public unit certificates of deposit [91]. - Total deposits amounted to $5,580,871 thousand as of June 30, 2019, with a weighted average rate of 1.24% [129]. - The bank plans to reduce the balance of public unit certificates of deposit to approximately $300 million by September 30, 2019 [129]. - The weighted average rate for retail/business certificates of deposit was 2.05% as of June 30, 2019 [130]. - The bank's strategy includes pricing short-term certificates of deposit more aggressively to manage interest rate expectations [129].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ Form 10-Q ________________________ (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ to __ Commission file number: 001-34814 | --- | --- | |-------------------------------------------------- ...

Financial Performance - For the quarter ended December 31, 2018, the Company recognized net income of $24.4 million, or $0.18 per share, a decrease of $7.5 million, or 23.4%, from the prior year quarter[73]. - The company reported a total of 141 non-performing assets valued at $15,225 million as of December 31, 2018[103]. - The company reported a ratio of net charge-offs to average non-performing assets of (0.68) during the period[109]. - The efficiency ratio improved to 46.40% for the quarter ended December 31, 2018, compared to 47.87% in the previous quarter[132]. - Basic and diluted EPS for the quarter ended December 31, 2018, were both $0.18, up from $0.16 in the previous quarter[132]. Assets and Liabilities - Total assets were $9.30 billion at December 31, 2018, a decrease of $145.8 million from $9.45 billion at September 30, 2018[75]. - Total liabilities were $7.96 billion at December 31, 2018, a decrease of $100.1 million from $8.06 billion at September 30, 2018[75]. - Stockholders' equity was $1.35 billion at December 31, 2018, a decrease of $45.7 million from $1.39 billion at September 30, 2018[75]. - Total deposits decreased to $5,557,864 thousand as of December 31, 2018, from $5,603,354 thousand as of September 30, 2018, reflecting a decrease of about 0.8%[82]. Loan Portfolio - The loan receivable portfolio was $7.53 billion at December 31, 2018, compared to $7.51 billion at September 30, 2018[75]. - The commercial loan portfolio grew by $48.2 million, or 8%, during the current quarter[75]. - The total loans receivable portfolio amounted to $7,518,887 thousand with a weighted average rate of 3.78% as of December 31, 2018[85]. - The one- to four-family loans originated amounted to $3,955,975 thousand, with a weighted average credit score of 767 and an average LTV ratio of 62%[89]. Interest Income and Expenses - Total interest and dividend income for the quarter ended December 31, 2018, was $82.421 million, an increase from $77.313 million in the previous quarter[132]. - Net interest income after provision for credit losses was $52.301 million for the quarter ended December 31, 2018, compared to $50.077 million in the previous quarter[132]. - The weighted average yield on total interest-earning assets rose by 58 basis points to 3.56% for the current quarter, despite a decrease in the average balance of interest-earning assets by $1.55 billion[141]. - Total interest expense decreased by $1.15 million, or 3.7%, to $30.12 million compared to the prior year quarter[144]. Capital and Equity - Stockholders' equity decreased by $45.7 million to $1.35 billion at December 31, 2018, primarily due to $65.4 million in cash dividends paid[128]. - The total capital ratio for the Bank was 25.2%, exceeding the minimum regulatory requirement of 8.0%[171]. - The Bank's Tier 1 capital ratio was 25.0%, well above the minimum requirement of 6.0%[171]. Non-Performing Loans and Credit Losses - The Bank's delinquent loans (30 to 89 days) represented 0.20% of total loans receivable, net, as of December 31, 2018[101]. - Total loans 90 or more days delinquent or in foreclosure increased to 0.13% of total loans as of December 31, 2018, compared to 0.12% in September 2018[103]. - The allowance for credit losses (ACL) is maintained through provisions for credit losses, with management considering the overall ACL adequate for the loan portfolio as of December 31, 2018[105]. Deposits and Borrowings - The bank had $2,181,186 thousand in borrowings, with an effective rate of 2.31% as of December 31, 2018[121]. - Deposits were $5.56 billion at December 31, 2018, down from $5.60 billion at September 30, 2018, reflecting competitive deposit rates[118]. - The average rate paid on FHLB line of credit borrowings during the current quarter was 2.47%[125]. Interest Rate Risk Management - The Bank's strategy includes managing wholesale assets and liabilities through long-term fixed-rate borrowings to mitigate interest rate risk[176]. - The cumulative one-year gap for interest rates increasing by 200 basis points was projected at $(419.2) million, or (4.51)% of total assets as of December 31, 2018, compared to $(394.8) million, or (4.18)% at September 30, 2018[178]. - The estimated change in net interest income for a +200 basis point increase in interest rates was a decrease of $8.76 million, or (4.36)%, as of December 31, 2018[181].