Tearsheet

Capitol Federal Financial (CFFN)


Market Price (12/20/2025): $7.14 | Market Cap: $927.3 Mil
Sector: Financials | Industry: Regional Banks

Capitol Federal Financial (CFFN)


Market Price (12/20/2025): $7.14
Market Cap: $927.3 Mil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, Dividend Yield is 4.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.9%, FCF Yield is 5.3%
Trading close to highs
Dist 52W High is -1.2%, Dist 3Y High is -4.2%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 89%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 25%
Weak multi-year price returns
2Y Excs Rtn is -20%, 3Y Excs Rtn is -65%
Key risks
CFFN key risks include [1] significant profit sensitivity to interest rate fluctuations due to its balance sheet structure and [2] declining deposit levels necessitating a greater reliance on borrowings for funding.
2 Low stock price volatility
Vol 12M is 27%
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, Dividend Yield is 4.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.9%, FCF Yield is 5.3%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 25%
2 Low stock price volatility
Vol 12M is 27%
3 Trading close to highs
Dist 52W High is -1.2%, Dist 3Y High is -4.2%
4 Weak multi-year price returns
2Y Excs Rtn is -20%, 3Y Excs Rtn is -65%
5 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 89%
6 Key risks
CFFN key risks include [1] significant profit sensitivity to interest rate fluctuations due to its balance sheet structure and [2] declining deposit levels necessitating a greater reliance on borrowings for funding.

Valuation, Metrics & Events

CFFN Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points for the approximate 12.3% movement in Capitol Federal Financial (CFFN) stock between August 31, 2025, and December 20, 2025: 1. Special Dividend Declaration and Share Repurchase Program. On December 17, 2025, Capitol Federal Financial announced a special cash dividend of $0.04 per share. Additionally, the company repurchased 1,577,853 shares of common stock at an average cost of $6.72 per share between October 1, 2025, and December 16, 2025, demonstrating a commitment to returning value to shareholders.

2. Strong Overall Financial Performance in 2025. Capitol Federal Financial reported significant growth in its financial performance for the year 2025, with revenue increasing by 20.62% to $200.29 million and earnings rising by 78.91% to $67.94 million compared to the previous year.

Show more

Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
CFFN Return-5%-2%-16%-21%-3%30%-23%
Peers Return-11%33%-1%-6%20%6%40%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
CFFN Win Rate33%33%33%50%50%67% 
Peers Win Rate50%67%45%47%58%53% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
CFFN Max Drawdown-35%-9%-32%-49%-25%-14% 
Peers Max Drawdown-44%-0%-16%-30%-10%-18% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: UMBF, CBSH, BOKF, GSBC, NWBI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/19/2025 (YTD)

How Low Can It Go

Unique KeyEventCFFNS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-70.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven237.9%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-37.0%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven58.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven166 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-27.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven37.1%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-43.3%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven76.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to BreakevenNot Fully Recovered days1,480 days

Compare to NEWT, ATLO, AVBC, LSBK, NU


In The Past

Capitol Federal Financial's stock fell -70.4% during the 2022 Inflation Shock from a high on 3/12/2021. A -70.4% loss requires a 237.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Capitol Federal Financial (CFFN)

Better Bets than Capitol Federal Financial (CFFN)

Trade Ideas

Select past ideas related to CFFN. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
13.5%13.5%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
2.0%2.0%-0.5%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-4.8%-4.8%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
5.8%5.8%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-12.1%-12.1%-12.1%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
13.5%13.5%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
2.0%2.0%-0.5%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-4.8%-4.8%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
5.8%5.8%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-12.1%-12.1%-12.1%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Capitol Federal Financial

Peers to compare with:

Financials

CFFNUMBFCBSHBOKFGSBCNWBIMedian
NameCapitol .UMB Fina.Commerce.BOK Fina.Great So.Northwes. 
Mkt Price7.18118.9552.81119.9864.3512.6158.58
Mkt Cap0.99.07.37.50.71.84.6
Rev LTM1982,1591,7391,9942296261,182
Op Inc LTM-------
FCF LTM508021891,5196061125
FCF 3Y Avg385524488464136110
CFO LTM558542421,5197070156
CFO 3Y Avg455885128472144114

Growth & Margins

CFFNUMBFCBSHBOKFGSBCNWBIMedian
NameCapitol .UMB Fina.Commerce.BOK Fina.Great So.Northwes. 
Rev Chg LTM20.4%53.4%5.9%2.8%6.7%24.7%13.6%
Rev Chg 3Y Avg266.3%19.9%6.2%7.6%0.9%8.1%7.9%
Rev Chg Q19.7%70.8%5.6%6.0%5.2%20.7%12.9%
QoQ Delta Rev Chg LTM4.7%13.5%1.4%1.5%1.3%4.8%3.1%
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM27.8%39.5%13.9%76.1%30.4%11.2%29.1%
CFO/Rev 3Y Avg-35.4%31.2%5.5%31.5%27.1%31.2%
FCF/Rev LTM25.1%37.1%10.9%76.1%26.2%9.7%25.7%
FCF/Rev 3Y Avg-33.3%27.3%5.5%27.9%25.5%27.3%

Valuation

CFFNUMBFCBSHBOKFGSBCNWBIMedian
NameCapitol .UMB Fina.Commerce.BOK Fina.Great So.Northwes. 
Mkt Cap0.99.07.37.50.71.84.6
P/S4.74.24.23.83.22.84.0
P/EBIT-------
P/E13.714.913.114.010.515.713.9
P/CFO16.910.630.35.010.425.213.8
Total Yield12.0%8.0%9.7%9.1%12.1%12.4%10.9%
Dividend Yield4.7%1.3%2.0%1.9%2.5%6.0%2.3%
FCF Yield 3Y Avg5.2%10.8%5.7%-1.4%10.2%8.6%7.1%
D/E2.10.00.00.40.60.30.4
Net D/E0.9-1.9-0.7-0.2-0.30.2-0.2

Returns

CFFNUMBFCBSHBOKFGSBCNWBIMedian
NameCapitol .UMB Fina.Commerce.BOK Fina.Great So.Northwes. 
1M Rtn17.1%14.7%6.1%12.6%12.3%11.2%12.5%
3M Rtn13.4%-2.6%-5.9%8.3%3.0%2.0%2.5%
6M Rtn27.7%19.0%-7.8%30.8%17.2%7.0%18.1%
12M Rtn26.2%6.6%-10.2%13.4%7.1%2.2%6.9%
3Y Rtn3.4%57.2%-5.1%27.1%20.1%10.4%15.2%
1M Excs Rtn14.2%11.8%3.2%9.8%9.4%8.3%9.6%
3M Excs Rtn12.0%-2.2%-7.3%6.5%1.0%1.5%1.2%
6M Excs Rtn11.5%4.4%-22.2%14.7%0.3%-9.3%2.3%
12M Excs Rtn4.7%-12.6%-28.3%-5.7%-10.9%-17.7%-11.7%
3Y Excs Rtn-65.0%-13.6%-77.9%-41.7%-54.5%-61.1%-57.8%

Financials

Segment Financials

Revenue by Segment

$ Mil20252024202320222021
Community banking operations165-21213196206
Total165-21213196206


Price Behavior

Short Interest

Short Interest: As Of Date11282025
Short Interest: Shares Quantity4,122,075
Short Interest: % Change Since 1115202513.0%
Average Daily Volume798,644
Days-to-Cover Short Interest5.16
Basic Shares Quantity129,872,771
Short % of Basic Shares3.2%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/29/2025-4.3%-0.1%7.0%
7/23/20251.0%0.7%0.8%
4/23/20250.6%6.3%6.2%
1/29/20252.6%6.5%4.8%
10/23/20247.0%7.2%10.1%
7/24/2024-3.7%-5.2%-12.8%
4/24/2024-1.9%-9.7%-0.2%
1/24/2024-0.7%8.2%-2.3%
...
SUMMARY STATS   
# Positive121013
# Negative121411
Median Positive1.4%6.4%3.9%
Median Negative-2.8%-4.1%-3.4%
Max Positive7.0%22.6%24.5%
Max Negative-10.5%-11.0%-12.8%

SEC Filings

Expand for More

Report DateFiling DateFiling
93020251126202510-K 9/30/2025
6302025808202510-Q 6/30/2025
3312025509202510-Q 3/31/2025
12312024207202510-Q 12/31/2024
93020241127202410-K 9/30/2024
6302024807202410-Q 6/30/2024
3312024510202410-Q 3/31/2024
12312023207202410-Q 12/31/2023
93020231129202310-K 9/30/2023
6302023809202310-Q 6/30/2023
3312023510202310-Q 3/31/2023
12312022208202310-Q 12/31/2022
93020221123202210-K 9/30/2022
6302022808202210-Q 6/30/2022
3312022509202210-Q 3/31/2022
12312021209202210-Q 12/31/2021