# EDGAR Filing Document

**Accession Number:** 0001490906
**File Stem:** 0001490906-26-000004
**Filing Date:** 2026-1
**Character Count:** 133689
**Document Hash:** f450d0f80d7bf5c826ea0d9ac4d3ee16
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001490906-26-000004.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0001490906-26-000004

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 37

**CONFORMED PERIOD OF REPORT**: 20260127

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capitol Federal Financial, Inc.
- **CENTRAL INDEX KEY:** 0001490906
- **STANDARD INDUSTRIAL CLASSIFICATION:** SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34814
- **FILM NUMBER:** 26570193

**BUSINESS ADDRESS:**
- **STREET 1:** 700 S KANSAS AVENUE
- **CITY:** TOPEKA
- **STATE:** KS
- **ZIP:** 66603
- **BUSINESS PHONE:** 785-235-1341

**MAIL ADDRESS:**
- **STREET 1:** 700 S KANSAS AVENUE
- **CITY:** TOPEKA
- **STATE:** KS
- **ZIP:** 66603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Capitol Federal Financial Inc
- **DATE OF NAME CHANGE:** 20100503

?xml version='1.0' encoding='ASCII'? cffn-20260127

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported)

January 27, 2026

---

| |
|:---|
| CAPITOL FEDERAL FINANCIAL, INC. |
| (Exact name of registrant as specified in its charter) |

---

---

| | | |
|:---|:---|:---|
| Maryland | 001-34814 | 27-2631712 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |

---

<u>700 South Kansas Avenue,</u> <u>Topeka</u> <u>Kansas</u> 66603 <br> (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code

(785) 235-1341

<u>N/A</u> <br> (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, par value $0.01 per share | CFFN | The NASDAQ Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

&nbsp;&nbsp;&nbsp;&nbsp;Emerging growth company ☐

&nbsp;&nbsp;&nbsp;&nbsp;

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On January 28, 2026, Capitol Federal Financial, Inc. (the "Company") issued a press release announcing financial results for the first quarter of fiscal year 2026. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Also on January 28, 2026, the Company made available on the investor relations page of its website, at <u>ir.capfed.com</u>, its Quarterly Investor Presentation. A copy of the presentation is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

ITEM 7.01 REGULATION FD DISCLOSURE

The Company's press release dated January 27, 2026 announcing a quarterly cash dividend of $0.085 per share on outstanding Company common stock payable on February 20, 2026 to stockholders of record as of the close of business on February 6, 2026, is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

<u>[Exhibit 99.1](earningsrelease1225.htm)</u> – Press release dated January 28, 2026

<u>[Ex](cffnirdeck1225.htm)[hibit 99.2](cffnirdeck1225.htm)</u> - Quarterly investor presentation

<u>[Exhibit 99.3](regulardividendrelease0126.htm)</u> – Press release dated January 27, 2026

Exhibit 104 – Cover page interactive data file, formatted in Inline XBRL.

------

 <br> SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| | CAPITOL FEDERAL FINANCIAL, INC. |
| Date: January 28, 2026 | By: /s/ Kent G. Townsend |
|  | Kent G. Townsend, Executive Vice-President, |
|  | &nbsp;&nbsp;&nbsp;Chief Financial Officer, and Treasurer |

---

## Exhibit 99.1

![cffnlogoa.jpg](cffnlogoa.jpg)

**NEWS RELEASE**

**<u>FOR IMMEDIATE RELEASE</u>**

**January 28, 2026**

**CAPITOL FEDERAL FINANCIAL, INC.**<sup>®</sup>

**REPORTS FIRST QUARTER FISCAL YEAR 2026 RESULTS**

Topeka, KS - Capitol Federal Financial, Inc.<sup>®</sup> (NASDAQ: CFFN) (the "Company," "we" or "our"), the parent company of Capitol Federal Savings Bank (the "Bank"), announced preliminary results today for the quarter ended December 31, 2025. **For best viewing results, please view this release in Portable Document Format (PDF) on our website, https://ir.capfed.com.**

Capitol Federal Financial, Inc., ended the current quarter with total assets of $9.78 billion, stockholders' equity of $1.04 billion and net income of $20.3 million. The continued growth in assets and improvement in net income is a direct result of the strategic operational changes that the Board and management continue to execute on. Stockholders' equity decreased during the current quarter due to strategic share repurchases and dividend payments, continuing our enhancement of stockholder value.

During the current quarter, executing on our strategic initiatives resulted in our commercial loan portfolio and commercial deposits growing by $162.6 million to $2.28 billion and $19.5 million to $527.7 million, respectively. We continue to grow our commercial loan portfolio through redeploying funds received from the repayment of correspondent loans. We expect that growth in the commercial deposit base will continue to lower our cost of funds.

John B. Dicus, Chairman and CEO, stated, "We are focused on our commitment to deliver long-term value to stockholders through the disciplined execution of our strategic changes. This is reflected in a more diversified loan portfolio, and a growing and diversified deposit base, both of which provide expanded income streams. We expect these benefits to continue as we implement technology and processes that enable us to deliver more commercial products and services through our seasoned team of professionals focused on our commercial business lines. We are building on our disciplined capital management approach which has returned $2.03 billion to stockholders through share repurchases and dividends since 2010. We continue to focus on all areas of the Bank's operations that drive long-term value for stockholders."

Highlights for the current quarter include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• net income of $20.3 million, up from $18.8 million for the quarter ended September 30, 2025 (the "prior quarter");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• net interest margin increased ten basis points to 2.19% from 2.09% the prior quarter;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• basic and diluted earnings per share of $0.16;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• an efficiency ratio of 53.66%, an improvement from 56.84% the prior quarter;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• an operating expense ratio of 1.24%, an improvement from 1.27% the prior quarter;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• paid dividends of $0.085 per share; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• repurchased 2,376,633 shares of common stock at an average price of $6.86 per share.

Balance sheet highlights include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• total assets of $9.78 billion at quarter-end;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• tangible book value per share of $7.95 at quarter-end;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• commercial loan growth of $162.6 million, or 30.7% annualized, during the current quarter;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• commercial deposits growth of $19.5 million, or 15.3% annualized, since September 30, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• distributed $25.0 million from the Bank to the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• on December 17, 2025, the Company announced a special cash dividend of $0.04 per share, which was paid on January 23, 2026;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• on January 27, 2026, the Company announced a cash dividend of $0.085 per share, payable on February 20, 2026 to stockholders of record as of the close of business on February 6, 2026.

------

**Strategic Banking Initiatives**

The Company continues its progression to a full-service commercial bank by investing in technology, people, products, and services. Our investments in technology have allowed us to launch new services and products, while our seasoned and well-connected commercial bankers, and our trust and wealth advisors deliver access to new customer groups. Our expanded product suite of treasury management services enables us to service these new customers. Increased marketing and business development efforts have increased the depth of customer relationships. As we move through the third year of our digital transformation, we are seeing our efforts bear fruit and expect progress to continue.

**Strategic Actions.** The long-term success of our transition to a full-service bank is predicated on management's continued focus on deepening relationships with consumer and commercial customers. Management and the Board have committed resources to support the growth of talented, skilled, and experienced bankers, investments in technology, expanded marketing and outreach, as well as the development and increased internal monitoring of performance metrics intended to ensure we are on the path to achieve our performance objectives. Through our experienced relationship managers, we deliver customized solutions using advanced digital platforms and sophisticated cash management tools. We are leveraging our centralized organizational structure to respond quickly to customers. We are actively pursuing opportunities to expand our non-interest-bearing commercial deposit base and diversify fee-based revenue streams through strategic growth in treasury management services, trust and wealth management services, insurance, and small business banking.

**Commercial Lending.** During the first quarter of the current fiscal year, we closed on $364.6 million in commercial loans compared to $263.1 million during the prior quarter. Commercial loans continue to grow as a percentage of our overall loan portfolio, comprising 28% of our loan portfolio at December 31, 2025, compared to 26% and 21% at September 30, 2025 and December 31, 2024, respectively. To maintain strong credit quality, in addition to disciplined underwriting and ongoing credit administration, we monitor concentration levels by collateral type, geographic location and borrowing relationship. The Bank utilizes commercial loan pricing and profitability software that provides insights on new lending opportunities based on the full customer banking relationship. We utilize software that provides market intelligence regarding competitor pricing to assist loan officers when preparing a loan offering. This enhances our ability to profitably compete with other financial institutions in our markets as well as those outside our markets.

**Treasury Management.** The Bank services commercial customers through a competitive suite of treasury management products and an experienced team of treasury management officers. This team is focused on the deposit and cash management needs of commercial customers and growing this line of business through the acquisition of new customers located both in our immediate market areas, and those who we lend to outside of our local market areas. In fiscal year 2026, a team of business development officers is also tasked with growing the deposit base within the small business customer segment, focused on serving small businesses in our market areas with a dedicated line of products specifically designed for these customers. Our treasury management officers and business development officers often land depository relationships independent of a lending relationship. This will be a focus area for our sales teams as well as the Bank continues to diversify funding sources and seeks to increase fee revenue tied to depository accounts. During the second quarter of fiscal year 2026, the Bank expects to introduce digital onboarding for small business customers using industry-leading risk management and screening tools, which will replace many manual verification tasks. We are evaluating additional technology in order to capture a larger share of their business with even more products and services. Within calendar year 2026, we expect to implement new technology for lockbox services, integrated accounts receivables, purchase cards, and corporate cards.

**Digital Banking.** We are advancing towards a seamless digital banking experience for all customers, enhancing the Bank's ability to attract and retain deposits and lower the cost to service our customers. This strategy includes a new deposit account onboarding platform and digital banking enhancements for debit cardholders, which will allow customers to begin using their card immediately online and in digital wallets without waiting for the delivery of a physical card. These enhancements are on track to be implemented in the second quarter of fiscal year 2026. The Bank is taking advantage of add-on technologies that will integrate into our digital banking experience for consumers, small businesses, and commercial customers.

**Private Banking, Trust and Wealth Management.** We have begun to implement private wealth management products and services, with some customers on-boarded during the first quarter of the current fiscal year. We are continuing to expand our comprehensive suite of private banking products and services which is a new line of business for the Bank. Private banking relationships are defined as customers with $5.0 million or more in personal relationships with the Bank by way of loans, deposits, or assets under management. We believe that our private banking line of business will be a gateway to driving off-balance sheet revenue and bridge the gap between high-net-worth depository customers, small business owners and key commercial customers, and corporate trustee opportunities for the Bank.

------

**Stockholder Value.** Delivering long-term sustainable stockholder value continues to be our North Star while also maintaining a strong capital position. As part of our historically robust and disciplined approach to capital management, we continue to generate returns to stockholders through dividend payments and share repurchases. Total dividends declared and paid during fiscal year 2025 were $44.3 million. During the first quarter of fiscal year 2026, the Company repurchased 2,376,633 shares for $16.3 million. Since completing our second-step conversion in December 2010, we have returned $2.03 billion to stockholders through $1.58 billion in cash dividends and $456.2 million in share repurchases. For the remainder of fiscal year 2026, it is the intention of the Board of Directors to continue the regular quarterly cash dividend of $0.085 per share and to seek further opportunities for value-enhancing share repurchases.

**Comparison of Operating Results for the Three Months Ended December 31, 2025 and September 30, 2025** 

For the quarter ended December 31, 2025, the Company recognized net income of $20.3 million, or $0.16 per share, compared to net income of $18.8 million, or $0.14 per share, for the quarter ended September 30, 2025. The increase in net income was due primarily to higher net interest income, partially offset by higher income tax expense. The net interest margin increased ten basis points, from 2.09% for the prior quarter to 2.19% for the current quarter due mainly to growth in the higher yielding commercial loan portfolio.

*Interest and Dividend Income*

The following table presents the components of interest and dividend income for the time periods presented, along with the change measured in dollars and percent.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | | |
| | | | **Change Expressed in:** | **Change Expressed in:** |
| | **December 31,**<br>**2025** | **September 30,**<br>**2025** | **Dollars** | **Percent** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | |
| INTEREST AND DIVIDEND INCOME: | INTEREST AND DIVIDEND INCOME: | INTEREST AND DIVIDEND INCOME: |  |  |
| Loans receivable | $89792 | $87343 | $2449 | 2.8% |
| Mortgage-backed securities ("MBS") | 11341 | 11808 | (467) | (4.0) |
| Cash and cash equivalents | 2773 | 2148 | 625 | 29.1 |
| Federal Home Loan Bank Topeka ("FHLB") stock | 2032 | 2163 | (131) | (6.1) |
| Investment securities | 51 | 582 | (531) | (91.2) |
| Total interest and dividend income | $105989 | $104044 | $1945 | 1.9 |

---

The increase in interest income on loans receivable was due mainly to increases in the average balance and yield of the commercial loan portfolio compared to the prior quarter. The decrease in interest income on MBS and investment securities was due primarily to a decrease in the average balance of each portfolio compared to the prior quarter, as cash flows from those portfolios were used to fund commercial loan growth. The increase in interest income on cash and cash equivalents was due to an increase in the average balance.

*Interest Expense*

The following table presents the components of interest expense for the time periods presented, along with the change measured in dollars and percent.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | | |
| | | | **Change Expressed in:** | **Change Expressed in:** |
| | **December 31,**<br>**2025** | **September 30,**<br>**2025** | **Dollars** | **Percent** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | |
| INTEREST EXPENSE: | INTEREST EXPENSE: |  |  |  |
| Deposits | $37500 | $37204 | $296 | 0.8% |
| Borrowings | 17172 | 18057 | (885) | (4.9) |
| Total interest expense | $54672 | $55261 | $(589) | (1.1) |

---

The decrease in borrowings expense was due to a decrease in the average balance, due mainly to FHLB borrowings that matured between periods and were not replaced. Deposit growth was used to repay these borrowings.

*Provision for Credit Losses*

The Company recorded a provision for credit losses of $1.1 million during the current quarter compared to a provision for credit losses of $519 thousand for the prior quarter. The provision for credit losses in the current quarter was due primarily to commercial loan growth.

------

*Non-Interest Income*

The following table presents the components of non-interest income for the time periods presented, along with the change measured in dollars and percent.

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| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | | |
| | | | **Change Expressed in:** | **Change Expressed in:** |
| | **December 31,**<br>**2025** | **September 30,**<br>**2025** | **Dollars** | **Percent** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | |
| NON-INTEREST INCOME: | NON-INTEREST INCOME: |  |  |  |
| Deposit service fees | $2872 | $2873 | $(1) | —% |
| Insurance commissions | 789 | 1018 | (229) | (22.5) |
| Other non-interest income | 1818 | 1900 | (82) | (4.3) |
| Total non-interest income | $5479 | $5791 | $(312) | (5.4) |

---

Insurance commissions were higher in the prior quarter, due primarily to the receipt of commissions that exceeded accruals, with no similar activity in the current quarter, along with insurance industry changes that reduced commissions on certain lines of business in the current quarter. Due to these industry changes, we are broadening our focus on commercial insurance lines during fiscal year 2026, which aligns with our strategy of expanding our commercial banking services.

*Non-Interest Expense* 

The following table presents the components of non-interest expense for the time periods presented, along with the change measured in dollars and percent.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | | |
| | | | **Change Expressed in:** | **Change Expressed in:** |
| | **December 31,**<br>**2025** | **September 30,**<br>**2025** | **Dollars** | **Percent** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | |
| NON-INTEREST EXPENSE: | NON-INTEREST EXPENSE: |  |  |  |
| Salaries and employee benefits | $15747 | $15936 | $(189) | (1.2%) |
| Information technology and related expense | 5134 | 5053 | 81 | 1.6 |
| Occupancy, net | 3450 | 3292 | 158 | 4.8 |
| Regulatory and outside services | 1789 | 1590 | 199 | 12.5 |
| Federal insurance premium | 1111 | 1114 | (3) | (0.3) |
| Advertising and promotional | 1056 | 1915 | (859) | (44.9) |
| Deposit and loan transaction costs | 716 | 658 | 58 | 8.8 |
| Office supplies and related expense | 481 | 490 | (9) | (1.8) |
| Other non-interest expense | 992 | 970 | 22 | 2.3 |
| Total non-interest expense | $30476 | $31018 | $(542) | (1.7) |

---

The increase in regulatory and outside services was due primarily to an increase in new relationships with outside service providers and additional services provided by current providers, of which approximately $325 thousand is not expected to recur in future periods. The decrease in advertising and promotional expense was due primarily to the timing of campaigns and seasonal sponsorships compared to the prior quarter.

The Company's efficiency ratio was 53.66% for the current quarter compared to 56.84% for the prior quarter. The improvement in the efficiency ratio was due to higher net interest income during the current quarter, supported by lower non-interest expense. The efficiency ratio is a measure of a financial institution's total non-interest expense as a percentage of the sum of net interest income (pre-provision for credit losses) and non-interest income. A lower value generally indicates that it is costing the financial institution less money to generate revenue. The Company's operating expense ratio (annualized) for the current quarter was 1.24% compared to 1.27% for the prior quarter. The operating expense ratio was lower in the current quarter due to lower non-interest expense. The operating expense ratio is a measure of a financial institution's total non-interest expense as a percentage of average assets, providing insight into how efficiently the Company is managing its expenses in relation to its assets and does not take into consideration changes in interest rates.

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*Income Tax Expense*

The following table presents pretax income, income tax expense, and net income for the time periods presented, along with the change measured in dollars and percent and the effective tax rate.

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| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | | |
| | | | **Change Expressed in:** | **Change Expressed in:** |
| | **December 31,**<br>**2025** | **September 30,**<br>**2025** | **Dollars** | **Percent** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | |
| Income before income tax expense | $25214 | $23037 | $2177 | 9.5% |
| Income tax expense | 4910 | 4224 | 686 | 16.2 |
| Net income | $20304 | $18813 | $1491 | 7.9 |
| Effective Tax Rate | 19.5% | 18.3% |  |  |

---

Income tax expense was higher in the current quarter due to a higher effective tax rate and higher pretax income compared to the prior quarter. The effective tax rate was higher in the current quarter than the prior quarter due primarily to a slightly higher projected state tax rate in the current fiscal year.

**Comparison of Operating Results for the Three Months Ended December 31, 2025 and 2024**

The Company recognized net income of $20.3 million, or $0.16 per share, for the current quarter, compared to net income of $15.4 million, or $0.12 per share, for the prior year quarter. The increase in net income was due mainly to higher net interest income, partially offset by higher non-interest expense and income tax expense. The net interest margin increased 33 basis points, from 1.86% for the prior year quarter to 2.19% for the current quarter. The increase was due mainly to growth in the higher yielding commercial loan portfolio.

*Interest and Dividend Income*

The following table presents the components of interest and dividend income for the time periods presented, along with the change measured in dollars and percent.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | | |
| | **December 31,** | **December 31,** | **Change Expressed in:** | **Change Expressed in:** |
| | **2025** | **2024** | **Dollars** | **Percent** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | |
| INTEREST AND DIVIDEND INCOME: | INTEREST AND DIVIDEND INCOME: |  |  |  |
| Loans receivable | $89792 | $81394 | $8398 | 10.3% |
| MBS | 11341 | 11024 | 317 | 2.9 |
| Cash and cash equivalents | 2773 | 1871 | 902 | 48.2 |
| FHLB stock | 2032 | 2352 | (320) | (13.6) |
| Investment securities | 51 | 981 | (930) | (94.8) |
| Total interest and dividend income | $105989 | $97622 | $8367 | 8.6 |

---

The increase in interest income on loans receivable was due primarily to the continued shift of loan balances from the one- to four-family loan portfolio to higher yielding commercial loans, along with growth in the commercial loan portfolio funded with cash flows from the deposit portfolio and partially from the investment securities portfolio. Interest income on cash and cash equivalents increased due largely to an increase in the average balance compared to the prior year quarter. The decrease in interest income on investment securities was due to a decrease in average balance, due primarily to securities that were called or matured between periods and were not replaced in their entirety.

------

*Interest Expense*

The following table presents the components of interest expense for the time periods presented, along with the change measured in dollars and percent.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | | |
| | **December 31,** | **December 31,** | **Change Expressed in:** | **Change Expressed in:** |
| | **2025** | **2024** | **Dollars** | **Percent** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | |
| INTEREST EXPENSE: | INTEREST EXPENSE: |  |  |  |
| Deposits | $37500 | $37345 | $155 | 0.4% |
| Borrowings | 17172 | 18047 | (875) | (4.8) |
| Total interest expense | $54672 | $55392 | $(720) | (1.3) |

---

The decrease in interest expense on borrowings was due to a decrease in the average balance, which was partially offset by a higher weighted average interest rate. The decrease in the average balance of borrowings was due mainly to FHLB borrowings that matured between periods and were not renewed. Cash flows from the deposit portfolio were used, in part, to pay off maturing FHLB borrowings. The increase in the weighted average interest rate was due primarily to higher market interest rates on FHLB borrowings that matured and were renewed between periods, along with lower rate advances that were not renewed, which increased the overall rate of the remaining advances.

*Provision for Credit Losses*

The Company recorded a provision for credit losses of $1.1 million during the current quarter compared to a provision for credit losses of $677 thousand for the prior year quarter. See additional details in the "Comparison of Operating Results for the Three Months Ended December 31, 2025 and September 30, 2025" above for additional information regarding the provision for credit losses during the current quarter.

*Non-Interest Income*

The following table presents the components of non-interest income for the time periods presented, along with the change measured in dollars and percent.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | | |
| | **December 31,** | **December 31,** | **Change Expressed in:** | **Change Expressed in:** |
| | **2025** | **2024** | **Dollars** | **Percent** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | |
| NON-INTEREST INCOME: | NON-INTEREST INCOME: |  |  |  |
| Deposit service fees | $2872 | $2707 | $165 | 6.1% |
| Insurance commissions | 789 | 776 | 13 | 1.7 |
| Other non-interest income | 1818 | 1210 | 608 | 50.2 |
| Total non-interest income | $5479 | $4693 | $786 | 16.7 |

---

Other non-interest income was higher in the current quarter due mainly to an increase in bank-owned life insurance ("BOLI") income due to a change in rates and an increase in the crediting rate as a result of updates to certain policies that were executed in the second half of the prior fiscal year.

------

*Non-Interest Expense* 

The following table presents the components of non-interest expense for the time periods presented, along with the change measured in dollars and percent.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | | |
| | **December 31,** | **December 31,** | **Change Expressed in:** | **Change Expressed in:** |
| | **2025** | **2024** | **Dollars** | **Percent** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | |
| NON-INTEREST EXPENSE: | NON-INTEREST EXPENSE: |  |  |  |
| Salaries and employee benefits | $15747 | $14232 | $1515 | 10.6% |
| Information technology and related expense | 5134 | 4550 | 584 | 12.8 |
| Occupancy, net | 3450 | 3333 | 117 | 3.5 |
| Regulatory and outside services | 1789 | 1113 | 676 | 60.7 |
| Federal insurance premium | 1111 | 1038 | 73 | 7.0 |
| Advertising and promotional | 1056 | 822 | 234 | 28.5 |
| Deposit and loan transaction costs | 716 | 591 | 125 | 21.2 |
| Office supplies and related expense | 481 | 399 | 82 | 20.6 |
| Other non-interest expense | 992 | 1070 | (78) | (7.3) |
| Total non-interest expense | $30476 | $27148 | $3328 | 12.3 |

---

The increase in salaries and employee benefits was mainly attributable to an increase in full-time equivalent employees between periods, merit increases and salary adjustments to remain market competitive. The increase in information technology and related expense was due mainly to an increase in software licensing expense. The increase in regulatory and outside services was due primarily to an increase in new relationships with outside service providers and additional services provided by current providers, of which approximately $325 thousand is not expected to recur in future periods. The increase in advertising and promotional expense was due to timing of campaigns compared to the prior year quarter.

The Company's efficiency ratio was 53.66% for the current quarter compared to 57.86% for the prior year quarter. The improvement in the efficiency ratio was due primarily to higher net interest income compared to the prior year quarter, partially offset by higher non-interest expense. The Company's operating expense ratio (annualized) for the current quarter was 1.24% compared to 1.14% for the prior year quarter. The operating expense ratio was higher in the current quarter due mainly to higher non-interest expense, partially offset by higher average assets compared to the prior year quarter.

*Income Tax Expense*

The following table presents pretax income, income tax expense, and net income for the time periods presented, along with the change measured in dollars and percent and effective tax rate.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | | |
| | **December 31,** | **December 31,** | **Change Expressed in:** | **Change Expressed in:** |
| | **2025** | **2024** | **Dollars** | **Percent** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | |
| Income before income tax expense | $25214 | $19098 | $6116 | 32.0% |
| Income tax expense | 4910 | 3667 | 1243 | 33.9 |
| Net income | $20304 | $15431 | $4873 | 31.6 |
| Effective Tax Rate | 19.5% | 19.2% |  |  |

---

Income tax expense was higher in the current quarter due mainly to higher pretax income.

------

**Financial Condition as of December 31, 2025**

The following table summarizes the Company's financial condition at the dates indicated.

---

| | | | |
|:---|:---|:---|:---|
| |<br>**December 31,**<br>**2025** |<br>**September 30,**<br>**2025** | **Annualized**<br>**Percent**<br>**Change** |
| | (Dollars and shares in thousands) | (Dollars and shares in thousands) | (Dollars and shares in thousands) |
| Total assets | $9778400 | $9778701 | —% |
| AFS securities | 829704 | 867216 | (17.3) |
| Loans receivable, net | 8176736 | 8111961 | 3.2 |
| Deposits | 6758632 | 6591448 | 10.1 |
| Borrowings | 1829914 | 1950770 | (24.8) |
| Stockholders' equity | 1041320 | 1047677 | (2.4) |
| Equity to total assets at end of period | 10.6% | 10.7% |  |
| Average number of basic and diluted shares<br> outstanding | 128953166 | 129874022 | (2.8) |

---

The loan portfolio increased $64.8 million during the current quarter as cash flows from the securities portfolio were used to fund loan growth. Commercial loans grew $162.6 million mainly in the commercial real estate portfolio, partially offset by a $98.6 million decrease in one- to four-family loans. The Bank expects to fund approximately $60.0 million of undisbursed amounts on existing commercial real estate and commercial construction loans and approximately $5.0 million of commercial real estate and commercial construction commitments during the March 31, 2026 quarter. The near-term outlook for commercial loan balances is growth of approximately 1% in the quarter ending March 31, 2026, with overall loan growth of approximately 18% for the fiscal year. It is expected that repayments from our one- to four-family loan portfolio will continue to be directed toward supporting commercial loan growth, aligning with our ongoing commitment to expand commercial banking services. Maintaining strong credit quality remains a top priority as we expand our commercial loan portfolio. The weighted average debt service coverage ratio ("DSCR") for commercial loan originations and new participations during the current quarter was 2.52x and the weighted average loan-to-value ("LTV") for commercial real estate and construction loans originated and new participations was 72%. The weighted average DSCR and LTV for our commercial real estate and construction loan portfolios was 1.73x and 63%, respectively, at December 31, 2025.

Deposits increased $167.2 million during the current quarter, due mainly to the Bank's high yield savings account offering and retail checking accounts. Management has continued to focus on retaining and growing deposits through the Bank's high yield savings account product, which, as of December 31, 2025, had an annual percentage yield of 3.80% for accounts that meet the $10 thousand balance minimum. The annual percentage yield on the high yield savings account product was decreased to 3.70% mid-January 2026.

Borrowings decreased $120.9 million due to the maturity of $100.0 million in borrowings during the current quarter that were not replaced, along with principal payments made on the Bank's amortizing FHLB advances. Cash flows from the deposit portfolio were used to pay down the borrowings portfolio during the current quarter.

------

The following table summarizes loan originations and participations, deposit activity, and borrowing activity, along with certain related weighted average rates, during the periods indicated. The borrowings presented in the table have original contractual terms of one year or longer.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** |
| | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** |
| | **Amount** | **Rate** | **Amount** | **Rate** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| **Loan originations and participations** | **Loan originations and participations** |  |  |  |
| &nbsp;&nbsp;*One- to four-family and consumer:* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Originated | $95788 | 6.18% | $88055 | 6.61% |
| &nbsp;&nbsp;*Commercial:* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Originated | 281081 | 6.48 | 251192 | 6.58 |
| &nbsp;&nbsp;&nbsp;&nbsp;Participations | 83520 | 6.37 | 11952 | 6.85 |
|  | $460389 | 6.40 | $351199 | 6.60 |
| **Deposit activity** |  |  |  |  |
| &nbsp;&nbsp;Retail non-maturity deposits | $162250 |  | $(19124) |  |
| &nbsp;&nbsp;Commercial non-maturity deposits | 19133 |  | 88336 |  |
| &nbsp;&nbsp;Retail/Commercial certificates of deposit | (10231) |  | 85893 |  |
| **Borrowing activity** |  |  |  |  |
| &nbsp;&nbsp;Maturities and repayments | (171168) | 2.34 | (121168) | 3.30 |
| &nbsp;&nbsp;New borrowings | 50000 | 3.64 |  |  |

---

*Stockholders' Equity*

Stockholders' equity totaled $1.04 billion at December 31, 2025, a decrease of $6.4 million from September 30, 2025. Consistent with our goal to operate a sound and profitable financial organization that delivers long-term stockholder value, we actively seek to maintain a well-capitalized status for the Bank in accordance with regulatory standards. As of December 31, 2025, all of the Bank's capital ratios exceeded the well-capitalized requirements, and the Bank exceeded internal policy thresholds for sensitivity to changes in interest rates. As of December 31, 2025, the Bank's community bank leverage ratio was 9.5%.

During the quarter ended December 31, 2025, the Company repurchased 2,376,633 shares of common stock at an average price of $6.86 per share, or $16.3 million in total. The Company currently has $54.8 million remaining authorized under its existing stock repurchase plan. The Company intends to continue to opportunistically repurchase stock from time to time based upon market conditions, available liquidity and other factors. Although our existing repurchase plan has no expiration date we are required to annually seek the Federal Reserve Bank of Kansas City's ("FRB") non-objection for the buyback amount. The FRB's current non-objection for the Company to repurchase up to $75 million of stock expires in February 2026. The Company is in the process of preparing the required documentation to seek the FRB's non-objection for the Company to continue to buy back its stock through the period when the current authorized amount is fully utilized. It is likely that the Company will then seek non-objection for additional stock repurchase authority.

During the quarter ended December 31, 2025, the Company paid regular quarterly cash dividends totaling $11.0 million, or $0.085 per share. On December 17, 2025, the Company announced a special cash dividend of $0.04 per share, or approximately $5.1 million, which was paid on January 23, 2026 to stockholders of record on January 9, 2026. On January 27, 2026, the Company announced a regular quarterly cash dividend of $0.085 per share, or approximately $10.8 million, payable on February 20, 2026 to stockholders of record as of the close of business on February 6, 2026. The special cash dividend, in addition to the Company's history of regular quarterly dividends and opportunistic share repurchases demonstrates Capitol Federal Financial, Inc.'s multi-channel focus on delivering stockholder value through disciplined capital allocation which balances investments in the future of the Company while simultaneously pursuing incremental opportunities to return capital to stockholders. For the remainder of fiscal year 2026, it is the intention of the Company's Board of Directors to pay out a regular quarterly cash dividend of $0.085 per share, totaling $0.34 per share for the year.

------

Dividend payments depend upon a number of factors, including the Company's financial condition and results of operations, regulatory capital compliance, regulatory limitations on the Bank's ability to make capital distributions to the Company, the Bank's current tax earnings and accumulated earnings and profits, and the amount of cash at the holding company level.

The Board of Directors continue to evaluate various alternatives for capital allocation to enhance stockholder value, including the repurchase of stock, the payment of additional cash dividends, or retaining earnings to support future growth. Since our second-step conversion in December 2010, we have returned $2.03 billion in capital to stockholders through dividends totaling $1.58 billion and stock repurchases totaling $456.2 million. This is supported by our holistic approach to managing the balance sheet through continuous modeling of the Bank's performance, risk management, our commitment to credit quality and periodic stress testing.

At December 31, 2025, Capitol Federal Financial, Inc., at the holding company level, had $14.9 million in cash on deposit at the Bank. During the three months ended December 31, 2025, the Bank distributed $25.0 million from the Bank to the Company. The Bank is expected to continue to be in a positive tax accumulated earnings and profit balance during fiscal year 2026, so it is anticipated that the Bank will be in a position to make earnings distributions to the Company during fiscal year 2026. Earnings distributions from the Bank to the Company will be limited to the extent necessary to prevent the Bank from re-entering a negative accumulated earnings and profit position and be required to pay the pre-1988 bad debt recapture tax on earnings moved from the Bank to the Company.

The following table presents a reconciliation of total to net shares outstanding as of December 31, 2025.

---

| | |
|:---|:---|
| Total shares outstanding | 129836672 |
| Less unallocated Employee Stock Ownership Plan ("ESOP") shares and unvested restricted stock | (2591657) |
| Net shares outstanding | 127245015 |

---

Capitol Federal Financial, Inc. is the holding company for the Bank. As of December 31, 2025, the Bank had 46 branch locations in Kansas and Missouri and is one of the largest residential lenders in the State of Kansas. News and other information about the Company can be found at the Bank's website, <u>http://www.capfed.com</u>.

**<u>Forward-Looking Statements</u>**

Except for the historical information contained in this press release, the matters discussed herein may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements about our beliefs, plans, objectives, goals, expectations, anticipations, estimates and intentions. The words "may," "could," "should," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties, including: changes in policies or the application or interpretation of laws and regulations by regulatory agencies and tax authorities; other governmental initiatives affecting the financial services industry; changes in accounting principles, policies or guidelines; fluctuations in interest rates and the effects of inflation or a potential recession, whether caused by Federal Reserve action or otherwise; changes to existing trade policies that could affect economic activity or specific industry sectors; the impact of bank failures or adverse developments at other banks and related negative press about the banking industry in general on investor or depositor sentiment; demand for loans in the Company's market areas; the future earnings and capital levels of the Bank and the impact of potential pre-1988 bad debt recapture, which could affect the ability of the Company to pay dividends in accordance with its dividend policies; competition; and other risks detailed from time to time in documents filed or furnished by the Company with the Securities and Exchange Commission. Actual results may differ materially from those currently expected. These forward-looking statements represent the Company's judgment as of the date of this release. The Company disclaims, however, any intent or obligation to update these forward-looking statements.

For further information contact:

---

| | |
|:---|:---|
| Kent Townsend | Investor Relations |
| Executive Vice President, | (785) 270-6055 |
| Chief Financial Officer and Treasurer | <u>investorrelations@capfed.com</u> |
| (785) 231-6360 |  |
| <u>ktownsend@capfed.com</u> |  |

---

------

**SUPPLEMENTAL FINANCIAL INFORMATION**

---

| |
|:---|
| CAPITOL FEDERAL FINANCIAL, INC. AND SUBSIDIARY |
| CONSOLIDATED BALANCE SHEETS (Unaudited) |
| (Dollars in thousands, except per share amounts) |

---

---

| | | |
|:---|:---|:---|
| | **December 31,**<br>**2025** | **September 30,**<br>**2025** |
| ASSETS: |  |  |
| Cash and cash equivalents (includes interest-earning deposits of $210,223 and $229,566) | $232634 | $252443 |
| Available-for-sale ("AFS"), at estimated fair value (amortized cost of $809,099 and $847,369) | 829704 | 867216 |
| Loans receivable, net (allowance for credit losses ("ACL") of $24,572 and $24,039) | 8176736 | 8111961 |
| FHLB stock, at cost | 85060 | 90662 |
| Premises and equipment, net | 88753 | 89314 |
| Income taxes receivable, net |  | 220 |
| Deferred federal income tax assets, net | 22744 | 23826 |
| Other assets | 342769 | 343059 |
| TOTAL ASSETS | $9778400 | $9778701 |
| LIABILITIES: |  |  |
| Deposits | $6758632 | $6591448 |
| Borrowings | 1829914 | 1950770 |
| Advances by borrowers | 28523 | 65416 |
| Income taxes payable, net | 237 |  |
| Deferred state income tax liabilities, net | 2228 | 2056 |
| Other liabilities | 117546 | 121334 |
| &nbsp;&nbsp;&nbsp;Total liabilities | 8737080 | 8731024 |
| STOCKHOLDERS' EQUITY: |  |  |
| Preferred stock, $.01 par value; 100,000,000 shares authorized, no shares issued or outstanding |  |  |
| Common stock, $.01 par value; 1,400,000,000 shares authorized, 129,836,672 and 132,204,305 |  |  |
| &nbsp;&nbsp;shares issued and outstanding as of December 31, 2025 and September 30, 2025, respectively | 1298 | 1322 |
| Additional paid-in capital | 1126227 | 1142711 |
| Unearned compensation, ESOP | (24367) | (24780) |
| Accumulated deficit | (78044) | (87331) |
| Accumulated other comprehensive income ("AOCI"), net of tax | 16206 | 15755 |
| &nbsp;&nbsp;&nbsp;Total stockholders' equity | 1041320 | 1047677 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $9778400 | $9778701 |
| See accompanying notes to consolidated financial statements. |  |  |

---

------

---

| |
|:---|
| CAPITOL FEDERAL FINANCIAL, INC. AND SUBSIDIARY |
| CONSOLIDATED STATEMENTS OF INCOME (Unaudited) |
| (Dollars in thousands) |

---

---

| | | | |
|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** |
| | **December 31,**<br>**2025** | **September 30,**<br>**2025** | **December 31,**<br>**2024** |
| INTEREST AND DIVIDEND INCOME: |  |  |  |
| Loans receivable | $89792 | $87343 | $81394 |
| MBS | 11341 | 11808 | 11024 |
| Cash and cash equivalents | 2773 | 2148 | 1871 |
| FHLB stock | 2032 | 2163 | 2352 |
| Investment securities | 51 | 582 | 981 |
| &nbsp;&nbsp;&nbsp;Total interest and dividend income | 105989 | 104044 | 97622 |
| INTEREST EXPENSE: |  |  |  |
| Deposits | 37500 | 37204 | 37345 |
| Borrowings | 17172 | 18057 | 18047 |
| &nbsp;&nbsp;&nbsp;Total interest expense | 54672 | 55261 | 55392 |
| NET INTEREST INCOME | 51317 | 48783 | 42230 |
| PROVISION FOR CREDIT LOSSES | 1106 | 519 | 677 |
| NET INTEREST INCOME AFTER |  |  |  |
| &nbsp;&nbsp;PROVISION FOR CREDIT LOSSES | 50211 | 48264 | 41553 |
| NON-INTEREST INCOME: |  |  |  |
| Deposit service fees | 2872 | 2873 | 2707 |
| Insurance commissions | 789 | 1018 | 776 |
| Other non-interest income | 1818 | 1900 | 1210 |
| &nbsp;&nbsp;&nbsp;Total non-interest income | 5479 | 5791 | 4693 |
| NON-INTEREST EXPENSE: |  |  |  |
| Salaries and employee benefits | 15747 | 15936 | 14232 |
| Information technology and related expense | 5134 | 5053 | 4550 |
| Occupancy, net | 3450 | 3292 | 3333 |
| Regulatory and outside services | 1789 | 1590 | 1113 |
| Federal insurance premium | 1111 | 1114 | 1038 |
| Advertising and promotional | 1056 | 1915 | 822 |
| Deposit and loan transaction costs | 716 | 658 | 591 |
| Office supplies and related expense | 481 | 490 | 399 |
| Other non-interest expense | 992 | 970 | 1070 |
| &nbsp;&nbsp;&nbsp;Total non-interest expense | 30476 | 31018 | 27148 |
| INCOME BEFORE INCOME TAX EXPENSE | 25214 | 23037 | 19098 |
| INCOME TAX EXPENSE | 4910 | 4224 | 3667 |
| NET INCOME | $20304 | $18813 | $15431 |

---

**Average Balance Sheets** 

The following tables present the average balances of our assets, liabilities, and stockholders' equity, and the related annualized weighted average yields and rates on our interest-earning assets and interest-bearing liabilities for the periods indicated, as well as selected performance ratios and other information for the periods shown. Weighted average yields are derived by dividing annualized income by the average balance of the related assets, and weighted average rates are derived by dividing annualized expense by the average balance of the related liabilities, for the periods shown. Average outstanding balances are derived from average daily balances. The weighted average yields and rates include amortization of fees, costs, premiums and discounts, which are considered adjustments to yields/rates. Weighted average yields on tax-exempt securities are not calculated on a fully taxable equivalent basis.

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** |
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **December 31, 2024** | **December 31, 2024** | **December 31, 2024** |
| | **Average**<br>**Outstanding**<br>**Amount** | **Interest**<br>**Earned/**<br>**Paid** |<br>**Yield/**<br>**Rate** | **Average**<br>**Outstanding**<br>**Amount** | **Interest**<br>**Earned/**<br>**Paid** |<br>**Yield/**<br>**Rate** | **Average**<br>**Outstanding**<br>**Amount** | **Interest**<br>**Earned/**<br>**Paid** |<br>**Yield/**<br>**Rate** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| &nbsp;&nbsp;&nbsp;Assets: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Interest-earning assets: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;One- to four-family loans: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Originated | $3748022 | $36490 | 3.89% | $3794781 | $36521 | 3.85% | $3925427 | $36375 | 3.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purchased | 2113076 | 17469 | 3.31 | 2167994 | 17668 | 3.26 | 2338395 | 18984 | 3.25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total one- to four-family loans | 5861098 | 53959 | 3.68 | 5962775 | 54189 | 3.63 | 6263822 | 55359 | 3.54 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial loans: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial real estate | 1776342 | 26456 | 5.83 | 1670205 | 24317 | 5.70 | 1303095 | 18755 | 5.63 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial and industrial | 215211 | 3868 | 7.03 | 196992 | 3515 | 6.98 | 132026 | 2217 | 6.57 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial construction | 198300 | 3316 | 6.54 | 182855 | 3050 | 6.53 | 171627 | 2784 | 6.35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total commercial loans | 2189853 | 33640 | 6.01 | 2050052 | 30882 | 5.89 | 1606748 | 23756 | 5.79 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer loans | 114588 | 2193 | 7.59 | 113979 | 2272 | 7.91 | 110661 | 2279 | 8.19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total loans receivable<sup>(1)</sup> | 8165539 | 89792 | 4.36 | 8126806 | 87343 | 4.27 | 7981231 | 81394 | 4.05 |
| &nbsp;&nbsp;&nbsp;&nbsp;MBS<sup>(2)</sup> | 826320 | 11341 | 5.49 | 860833 | 11808 | 5.49 | 781252 | 11024 | 5.64 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities<sup>(2)(3)</sup> | 4000 | 51 | 5.13 | 45467 | 582 | 5.13 | 72561 | 981 | 5.41 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLB stock | 88223 | 2032 | 9.14 | 94288 | 2163 | 9.10 | 99151 | 2352 | 9.41 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | 274154 | 2773 | 3.96 | 192755 | 2148 | 4.36 | 154752 | 1871 | 4.73 |
| &nbsp;&nbsp;&nbsp;Total interest-earning assets | 9358236 | 105989 | 4.49 | 9320149 | 104044 | 4.43 | 9088947 | 97622 | 4.27 |
| &nbsp;&nbsp;&nbsp;Other non-interest-earning assets | 468876 |  |  | 468378 |  |  | 463322 |  |  |
| Total assets | $9827112 |  |  | $9788527 |  |  | $9552269 |  |  |
| Liabilities and stockholders' equity: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Interest-bearing liabilities: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Checking | $881139 | 503 | 0.23 | $869328 | 497 | 0.23 | $865738 | 531 | 0.24 |
| &nbsp;&nbsp;&nbsp;&nbsp;High yield savings | 507126 | 4970 | 3.89 | 427416 | 4229 | 3.93 | 126047 | 1322 | 4.17 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other savings | 422933 | 79 | 0.07 | 428106 | 81 | 0.07 | 441486 | 100 | 0.09 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money market | 1241106 | 3925 | 1.25 | 1244320 | 4037 | 1.29 | 1245714 | 4212 | 1.34 |
| &nbsp;&nbsp;&nbsp;&nbsp;Retail certificates | 2823991 | 26213 | 3.68 | 2787294 | 26596 | 3.79 | 2812034 | 29755 | 4.20 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial certificates | 61917 | 555 | 3.56 | 60637 | 553 | 3.62 | 57859 | 636 | 4.36 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wholesale certificates | 124247 | 1255 | 4.01 | 118066 | 1211 | 4.07 | 69487 | 789 | 4.50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total deposits | 6062459 | 37500 | 2.45 | 5935167 | 37204 | 2.49 | 5618365 | 37345 | 2.64 |
| &nbsp;&nbsp;&nbsp;&nbsp;Borrowings | 1911552 | 17172 | 3.56 | 2027086 | 18057 | 3.53 | 2171476 | 18047 | 3.30 |
| &nbsp;&nbsp;&nbsp;Total interest-bearing liabilities | 7974011 | 54672 | 2.72 | 7962253 | 55261 | 2.75 | 7789841 | 55392 | 2.82 |
| &nbsp;&nbsp;&nbsp;Non-interest-bearing deposits | 609471 |  |  | 587128 |  |  | 544548 |  |  |
| &nbsp;&nbsp;&nbsp;Other non-interest-bearing liabilities | 192207 |  |  | 189471 |  |  | 186227 |  |  |
| &nbsp;&nbsp;&nbsp;Stockholders' equity | 1051423 |  |  | 1049675 |  |  | 1031653 |  |  |
| Total liabilities and stockholders' equity | $9827112 |  |  | $9788527 |  |  | $9552269 |  |  |
|  |  |  |  |  |  |  |  | (Continued) | (Continued) |

---

------

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** |
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **December 31, 2024** | **December 31, 2024** | **December 31, 2024** |
| | **Average**<br>**Outstanding**<br>**Amount** | **Interest**<br>**Earned/**<br>**Paid** |<br>**Yield/**<br>**Rate** | **Average**<br>**Outstanding**<br>**Amount** | **Interest**<br>**Earned/**<br>**Paid** |<br>**Yield/**<br>**Rate** | **Average**<br>**Outstanding**<br>**Amount** | **Interest**<br>**Earned/**<br>**Paid** |<br>**Yield/**<br>**Rate** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Net interest income<sup>(4)</sup> |  | $51317 |  |  | $48783 |  |  | $42230 |  |
| Net interest-earning assets | $1384225 |  |  | $1357896 |  |  | $1299106 |  |  |
| Net interest margin<sup>(5)</sup> |  |  | 2.19 |  |  | 2.09 |  |  | 1.86 |
| Ratio of interest-earning assets to interest-bearing liabilities | Ratio of interest-earning assets to interest-bearing liabilities | Ratio of interest-earning assets to interest-bearing liabilities | 1.17x |  |  | 1.17x |  |  | 1.17x |
| Selected performance ratios: |  |  |  |  |  |  |  |  |  |
| Return on average assets (annualized)<sup>(6)</sup> | Return on average assets (annualized)<sup>(6)</sup> |  | 0.83% |  |  | 0.77% |  |  | 0.65% |
| Return on average equity (annualized)<sup>(7)</sup> | Return on average equity (annualized)<sup>(7)</sup> |  | 7.72 |  |  | 7.17 |  |  | 5.98 |
| Average equity to average assets |  |  | 10.70 |  |  | 10.72 |  |  | 10.80 |
| Operating expense ratio<sup>(8)</sup> |  |  | 1.24 |  |  | 1.27 |  |  | 1.14 |
| Efficiency ratio<sup>(9)</sup> |  |  | 53.66 |  |  | 56.84 |  |  | 57.86 |

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(1)Balances are adjusted for unearned loan fees and deferred costs. Loans that are 90 or more days delinquent are included in the loans receivable average balance with a yield of zero percent.

(2)AFS security yields are based upon amortized cost which is adjusted for premiums and discounts.

(3)There were no nontaxable securities in the average balance of securities for the quarters ended December 31, 2025, September 30, 2025, or December 31, 2024.

(4)Net interest income represents the difference between interest income earned on interest-earning assets and interest paid on interest-bearing liabilities. Net interest income depends on the average balance of interest-earning assets and interest-bearing liabilities, and the interest rates earned or paid on them.

(5)Net interest margin represents annualized net interest income as a percentage of average interest-earning assets. Management believes the net interest margin is important to investors as it is a profitability measure for financial institutions.

(6)Return on average assets represents annualized net income as a percentage of total average assets. Management believes that the return on average assets is important to investors as it shows the Company's profitability in relation to the Company's average assets.

(7)Return on average equity represents annualized net income as a percentage of total average equity. Management believes that the return on average equity is important to investors as it shows the Company's profitability in relation to the Company's average equity.

(8)The operating expense ratio represents annualized non-interest expense as a percentage of average assets. Management believes the operating expense ratio is important to investors as it provides insight into how efficiently the Company is managing its expenses in relation to its assets. It is a financial measurement ratio that does not take into consideration changes in interest rates.

(9)The efficiency ratio represents non-interest expense as a percentage of the sum of net interest income (pre-provision for credit losses) and non-interest income. Management believes the efficiency ratio is important to investors as it is a measure of a financial institution's total non-interest expense as a percentage of the sum of net interest income (pre-provision for credit losses) and non-interest income. A lower value generally indicates that it is costing the financial institution less money to generate revenue, related to its net interest margin and non-interest income.

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**Loan Portfolio**

The following table presents information related to the composition of our loan portfolio in terms of dollar amounts, weighted average rates, and percentage of total as of the dates indicated.

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **December 31, 2024** | **December 31, 2024** | **December 31, 2024** |
| |<br>**Amount** |<br>**Rate** | **% of**<br>**Total** |<br>**Amount** |<br>**Rate** | **% of**<br>**Total** |<br>**Amount** |<br>**Rate** | **% of**<br>**Total** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| One- to four-family: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Originated | $3725622 | 3.82% | 45.4% | $3774134 | 3.78% | 46.4% | $3907809 | 3.64% | 49.0% |
| &nbsp;&nbsp;Purchased | 2065179 | 3.50 | 25.2 | 2114447 | 3.49 | 26.0 | 2286876 | 3.45 | 28.7 |
| &nbsp;&nbsp;Construction | 15228 | 6.14 | 0.2 | 16054 | 6.17 | 0.2 | 19165 | 6.35 | 0.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | 5806029 | 3.71 | 70.8 | 5904635 | 3.68 | 72.6 | 6213850 | 3.58 | 77.9 |
| Commercial: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Commercial real estate | 1874506 | 5.74 | 22.9 | 1709990 | 5.82 | 21.0 | 1353482 | 5.48 | 17.0 |
| &nbsp;&nbsp;Commercial and industrial | 219909 | 6.74 | 2.7 | 210119 | 6.92 | 2.6 | 131267 | 6.66 | 1.7 |
| &nbsp;&nbsp;Commercial construction | 184227 | 6.83 | 2.2 | 195886 | 6.42 | 2.4 | 161744 | 6.14 | 2.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | 2278642 | 5.93 | 27.8 | 2115995 | 5.98 | 26.0 | 1646493 | 5.64 | 20.7 |
| Consumer loans: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Home equity | 107490 | 7.76 | 1.3 | 104809 | 8.15 | 1.3 | 103006 | 8.31 | 1.3 |
| &nbsp;&nbsp;&nbsp;Other | 7814 | 5.56 | 0.1 | 8436 | 5.55 | 0.1 | 9680 | 5.77 | 0.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | 115304 | 7.61 | 1.4 | 113245 | 7.96 | 1.4 | 112686 | 8.09 | 1.4 |
| Total loans receivable | 8199975 | 4.38 | 100.0% | 8133875 | 4.34 | 100.0% | 7973029 | 4.07 | 100.0% |
| Less: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;ACL | 24572 |  |  | 24039 |  |  | 24997 |  |  |
| &nbsp;&nbsp;&nbsp;Deferred loan fees/discounts | 31125 |  |  | 31268 |  |  | 30973 |  |  |
| &nbsp;&nbsp;&nbsp;Premiums/deferred costs | (32458) |  |  | (33393) |  |  | (36497) |  |  |
| Total loans receivable, net | $8176736 |  |  | $8111961 |  |  | $7953556 |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** |
| | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** |
| | **Amount** | **Rate** | **Amount** | **Rate** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Beginning balance | $8133875 | 4.34% | $8043000 | 4.25% |
| Originated and refinanced | 376869 | 6.40 | 339247 | 6.59 |
| Participations | 83520 | 6.37 | 11952 | 6.85 |
| Change in undisbursed loan funds | (44036) |  | 11760 |  |
| Repayments | (349905) |  | (271802) |  |
| Principal (charge-offs)/recoveries, net | (119) |  | (66) |  |
| Other | (229) |  | (216) |  |
| Ending balance | $8199975 | 4.38 | $8133875 | 4.34 |

---

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*One- to Four-Family Loans:* The following table presents, for our portfolio of one- to four-family loans, the amount, percent of total, weighted average rate, weighted average credit score, weighted average LTV ratio, and average balance per loan as of December 31, 2025. Credit scores were updated in September 2025 from a nationally recognized consumer rating agency. The LTV ratios were based on the current loan balance and either the lesser of the purchase price or original appraisal, or the most recent Bank appraisal, if available. In most cases, the most recent appraisal was obtained at the time of origination.

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| |<br>**Amount** | **% of**<br>**Total** |<br>**Rate** | **Credit**<br>**Score** |<br>**LTV** | **Average**<br>**Balance** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Originated | $3725622 | 64.1% | 3.82% | 770 | 57% | $170 |
| Purchased | 2065179 | 35.6 | 3.50 | 768 | 60 | 378 |
| Construction | 15228 | 0.3 | 6.14 | 778 | 43 | 331 |
|  | 5806029 | 100.0% | 3.71 | 769 | 58 | 212 |

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The following table presents origination and refinance activity for our one- to four-family loan portfolio, excluding endorsement activity, along with the weighted average rate, weighted average LTV and weighted average credit score for the quarter ended December 31, 2025. As of December 31, 2025, the Bank had one- to four-family loan and refinance commitments totaling $24.7 million at a weighted average rate of 5.97%.

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| | | | |
|:---|:---|:---|:---|
|<br>**Amount** |<br>**Rate** |<br>**LTV** | **Credit**<br>**Score** |
| (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| $82388 | 5.89% | 73% | 764 |

---

*Commercial Loans:* The table below presents commercial loan origination and participation activity for the quarter ended December 31, 2025, along with weighted average LTV and weighted average DSCR. For commercial real estate and commercial construction loans, the LTV is calculated using the gross loan amount (composed of unpaid principal and undisbursed amounts) and the collateral value at the time of origination. For existing real estate, the "as is" value is used. If the property is to be constructed, the "as completed" value of the collateral is utilized. The DSCR is calculated based on historical borrower performance, or projected borrower performance for newly formed entities with no performance history.

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Originated** | **Originated** | **Participation** | **Participation** | **Total** | **Total** | | |
| | **Amount** | **Rate** | **Amount** | **Rate** | **Amount** | **Rate** | **Weighted**<br>**LTV** | **Weighted**<br>**DSCR** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | | |
| Commercial real estate | $175230 | 6.31% | $32510 | 6.25% | $207740 | 6.30% | 71% | 2.77x |
| Commercial and industrial | 34105 | 6.59 |  |  | 34105 | 6.59 | N/A | 5.37 |
| Commercial construction | 71746 | 6.85 | 51010 | 6.45 | 122756 | 6.68 | 73 | 1.29 |
|  | $281081 | 6.48 | $83520 | 6.37 | $364601 | 6.45 | 72 | 2.52 |

---

The following table presents commercial loan disbursements, excluding lines of credit, during the periods indicated.

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| | | | | |
|:---|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** |
| | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** |
| | **Amount** | **Rate** | **Amount** | **Rate** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Commercial real estate | $207243 | 6.32% | $180502 | 6.41% |
| Commercial and industrial | 27585 | 6.97 | 21736 | 7.03 |
| Commercial construction | 70004 | 6.65 | 49151 | 7.00 |
|  | $304832 | 6.46 | $251389 | 6.58 |

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The following table presents the Bank's commercial real estate and commercial construction loans by type of primary collateral as of the dates indicated. Management anticipates fully funding the majority of the undisbursed amounts, as most are not cancellable by the Bank.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **September 30,<br>2025** |
| |<br>**Count** | **Unpaid**<br>**Principal** | **Undisbursed**<br>**Amount** | **Gross Loan**<br>**Amount** | **Gross Loan**<br>**Amount** |
| | | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Hotel | 32 | $616357 | $67562 | $683919 | $603124 |
| Senior housing | 52 | 537585 | 15024 | 552609 | 483959 |
| Multi-family | 34 | 286694 | 125538 | 412232 | 365316 |
| Retail building | 126 | 314868 | 88114 | 402982 | 334665 |
| Office building | 73 | 86540 | 6583 | 93123 | 136058 |
| One- to four-family property | 301 | 61805 | 3976 | 65781 | 70420 |
| Warehouse/manufacturing | 51 | 62969 | 1799 | 64768 | 58853 |
| Land | 24 | 34008 | 593 | 34601 | 35605 |
| Single use building | 25 | 32821 | 262 | 33083 | 33718 |
| Other | 32 | 25086 | 630 | 25716 | 28192 |
|  | 750 | $2058733 | $310081 | $2368814 | $2149910 |
| Weighted average rate |  | 5.84% | 6.68% | 5.95% | 5.99% |

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The following table presents the unpaid principal balance of non-owner occupied and owner occupied loans within the Bank's commercial real estate loan portfolio as of the dates indicated.

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| | | |
|:---|:---|:---|
| | **December 31,<br>2025** | **September 30,<br>2025** |
| | (Dollars in thousands) | (Dollars in thousands) |
| Non-owner occupied | $1379099 | $1271905 |
| Owner occupied | 161736 | 167925 |

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The following table presents management's funding expectations for the Bank's commercial real estate and commercial construction undisbursed amounts and commitments outstanding as of December 31, 2025. Due to the nature of a revolving line of credit, management is unable to project funding expectations for those balances, so those amounts are presented separately.

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Projected Disbursements for the Quarters Ending** | **Projected Disbursements for the Quarters Ending** | **Projected Disbursements for the Quarters Ending** | **Projected Disbursements for the Quarters Ending** | | |
| | **March 31,<br>2026** | **June 30,<br>2026** | **September 30,<br>2026** | **Thereafter** |<br>**Revolving Lines of Credit** |<br>**Total** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Undisbursed amounts | $59605 | $64130 | $47032 | $132070 | $7244 | $310081 |
| Commitments | 4775 | 8518 | 8652 | 56982 |  | 78927 |
|  | $64380 | $72648 | $55684 | $189052 | $7244 | $389008 |
| Weighted average rate | 6.65% | 6.73% | 6.71% | 6.72% | 6.91% | 6.71% |

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The following table summarizes the Bank's commercial real estate and commercial construction loans by the state in which the collateral is located, as of the dates indicated.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **September 30,<br>2025** |
| |<br>**Count** | **Unpaid**<br>**Principal** | **Undisbursed**<br>**Amount** | **Gross Loan**<br>**Amount** | **Gross Loan**<br>**Amount** |
| | | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Kansas | 542 | $823732 | $86977 | $910709 | $799827 |
| Missouri | 120 | 310295 | 41926 | 352221 | 354772 |
| Texas | 20 | 246508 | 54841 | 301349 | 312805 |
| Arizona | 7 | 129536 | 23801 | 153337 | 122429 |
| California | 6 | 94325 | 16207 | 110532 | 96848 |
| New York | 2 | 109482 |  | 109482 | 109828 |
| Colorado | 13 | 60920 | 23024 | 83944 | 84199 |
| Tennessee | 3 | 37671 | 13940 | 51611 | 56781 |
| Washington | 2 | 51200 |  | 51200 |  |
| Other | 35 | 195064 | 49365 | 244429 | 212421 |
|  | 750 | $2058733 | $310081 | $2368814 | $2149910 |

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The following table presents the Bank's commercial real estate and commercial construction loans by unpaid principal balance, aggregated by type of primary collateral and state, along with weighted average LTV and weighted average DSCR as of December 31, 2025. The LTV is calculated using the gross loan amount (composed of unpaid principal and undisbursed amounts) as of December 31, 2025 and the most current collateral value available, which is most often the value at origination/purchase. The DSCR is calculated at the time of origination and is updated at the time of subsequent loan renewals, financial reviews (for applicable loans and lending relationships), and any other time management is aware of changes that may impact the DSCR. The DSCR presented in the table below is based on the DSCR at the time of origination unless an updated DSCR has been calculated or the loan has reached the end of its stabilization period. In general, commercial borrowers with total loans of $2.5 million or more are reviewed at least annually to monitor financial performance.

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Kansas** | **Missouri** | **Texas** | **Arizona** | **New York** | **California** | **Other** | **Total** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Hotel | $41544 | $20648 | $141320 | $106709 | $109482 | $90096 | $106558 | $616357 |
| Senior housing | 323857 | 141629 |  |  |  |  | 72099 | 537585 |
| Retail building | 87670 | 41492 | 84736 | 20068 |  |  | 80902 | 314868 |
| Multi-family | 199638 | 53592 | 20000 |  |  |  | 13464 | 286694 |
| Office building | 60153 | 7747 | 452 | 136 |  |  | 18052 | 86540 |
| Warehouse/manufacturing | 38382 | 17869 |  |  |  |  | 6718 | 62969 |
| One- to four-family property | 42110 | 4264 |  | 2248 |  | 1620 | 11563 | 61805 |
| Land | 7119 | 152 |  |  |  |  | 26737 | 34008 |
| Single use building | 11682 | 18155 |  | 375 |  | 2609 |  | 32821 |
| Other | 11577 | 4747 |  |  |  |  | 8762 | 25086 |
|  | $823732 | $310295 | $246508 | $129536 | $109482 | $94325 | $344855 | $2058733 |
| &nbsp;&nbsp;&nbsp;Weighted LTV | 67% | 66% | 56% | 54% | 46% | 51% | 66% | 63% |
| &nbsp;&nbsp;&nbsp;Weighted DSCR | 2.03x | 1.51x | 1.40x | 1.42x | 1.55x | 1.50x | 1.68x | 1.73x |

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The following table presents the unpaid principal balance of the Bank's commercial real estate and commercial construction loans aggregated by type of primary collateral, along with weighted average rate, LTV, and DSCR as of December 31, 2025.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| |<br>**Count** | **Unpaid**<br>**Principal** | **Weighted**<br>**Rate** | **Weighted**<br>**LTV** | **Weighted**<br>**DSCR** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Hotel | 32 | $616357 | 6.31% | 54% | 1.31x |
| Senior housing | 52 | 537585 | 5.21 | 73 | 1.64 |
| Retail building | 126 | 314868 | 5.51 | 61 | 1.93 |
| Multi-family | 34 | 286694 | 5.97 | 64 | 1.30 |
| Office building | 73 | 86540 | 6.43 | 64 | 3.49 |
| Warehouse/manufacturing | 51 | 62969 | 6.34 | 65 | 2.26 |
| One- to four-family property | 301 | 61805 | 6.03 | 56 | 3.18 |
| Land | 24 | 34008 | 6.24 | 71 | 4.19 |
| Single use building | 25 | 32821 | 6.26 | 62 | 1.90 |
| Other | 32 | 25086 | 5.89 | 53 | 2.09 |
|  | 750 | $2058733 | 5.84 | 63 | 1.73 |

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The following table presents the Bank's commercial real estate and construction loans, including unpaid principal and undisbursed amounts, along with outstanding loan commitments as of December 31, 2025, categorized by aggregate gross loan and commitment amount, along with average loan amount, and weighted average rate, LTV, and DSCR. For loans over $60.0 million, there was $152.2 million of such loans related to hotels in Arizona and California, $143.1 million related to multi-family properties in Kansas, and $69.6 million related to senior housing in Kansas. The largest loan included in the table below was $86.0 million, which was fully disbursed as of December 31, 2025, and is collateralized by a hotel in Arizona.

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| |<br>**Count** | **Gross Loan**<br>**and Commitment**<br>**Amounts** |<br>**Average**<br>**Amount** |<br>**Weighted**<br>**Rate** |<br>**Weighted**<br>**LTV** |<br>**Weighted**<br>**DSCR** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | | | |
| Greater than $60 million | 5 | $364957 | $72991 | 6.18% | 60% | 1.50x |
| >$50 to $60 million | 3 | 164252 | 54751 | 5.66 | 61 | 1.45 |
| >$40 to $50 million | 2 | 97162 | 48581 | 6.15 | 57 | 1.59 |
| >$30 to $40 million | 10 | 349885 | 34989 | 5.85 | 64 | 1.27 |
| >$20 to $30 million | 18 | 433755 | 24098 | 6.13 | 65 | 1.29 |
| >$10 to $20 million | 27 | 380861 | 14106 | 6.43 | 67 | 1.51 |
| >$5 to $10 million | 37 | 262319 | 7090 | 5.71 | 70 | 2.57 |
| $1 to $5 million | 122 | 283694 | 2325 | 5.27 | 58 | 2.18 |
| Less than $1 million | 532 | 110856 | 208 | 6.35 | 52 | 3.27 |
|  | 756 | $2447741 | 3238 | 5.98 | 63 | 1.71 |

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The following table summarizes the Bank's commercial and industrial loans by loan purpose as of the dates indicated. Of the $285.4 million of commercial and industrial loans at December 31, 2025, 59%, or $168.2 million, had a gross loan balance of $5 million or more. The largest commercial and industrial lending relationship at December 31, 2025 had a gross loan balance of $81.6 million, which represented 29% of the gross commercial and industrial loan balance at December 31, 2025. The Bank had no commercial and industrial loan commitments at December 31, 2025. Management anticipates growth in the commercial and industrial loan portfolio as the Bank advances its strategy to grow all aspects of commercial banking. However, given the inherent characteristics of these loans, balances will likely fluctuate over time.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **September 30,<br>2025** |
| |<br>**Count** | **Unpaid**<br>**Principal** | **Undisbursed**<br>**Amount** | **Gross Loan**<br>**Amount** | **Gross Loan**<br>**Amount** |
| | | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Working capital | 192 | $101869 | $54708 | $156577 | $153967 |
| Purchase/refinance business assets | 48 | 49586 | 306 | 49892 | 49805 |
| Finance/lease vehicle | 174 | 32423 | 2050 | 34473 | 36406 |
| Purchase equipment | 63 | 21275 | 6391 | 27666 | 54201 |
| Other | 19 | 14756 | 2059 | 16815 | 7508 |
|  | 496 | $219909 | $65514 | $285423 | $301887 |
| Weighted average rate |  | 6.74% | 6.80% | 6.75% | 6.97% |

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The following table summarizes the Bank's commercial and industrial loans by the state in which the borrower is located, as of December 31, 2025.

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| | | | |
|:---|:---|:---|:---|
| | **Unpaid**<br>**Principal** | **Undisbursed**<br>**Amount** | **Gross Loan**<br>**Amount** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Kansas | $152800 | $60796 | $213596 |
| Arizona | 11923 |  | 11923 |
| Missouri | 10221 | 760 | 10981 |
| California | 7800 | 2237 | 10037 |
| Ohio | 9785 | 215 | 10000 |
| Other | 27380 | 1506 | 28886 |
|  | $219909 | $65514 | $285423 |

---

The following table presents the Bank's commercial and industrial loan portfolio, including unpaid principal and undisbursed amounts, along with outstanding loan commitments as of December 31, 2025, categorized by aggregate gross loan and commitment amounts and average loan amount. For loans over $15.0 million, both loans related to working capital loans in Kansas. The largest loan included in the table below was $36.0 million, of which $16.3 million was undisbursed as of December 31, 2025. This loan is part of the $81.6 million commercial and industrial relationship discussed above.

---

| | | | | |
|:---|:---|:---|:---|:---|
| |<br>**Count** | **Gross Loan**<br>**and Commitment**<br>**Amounts** |<br>**Average**<br>**Amount** |<br>**DSCR** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | |
| Greater than $15 million | 2 | $54718 | $27359 | 1.56x |
| >$10 to $15 million | 3 | 34845 | 11615 | 2.37 |
| >$5 to $10 million | 10 | 78650 | 7865 | 1.39 |
| >$1 to $5 million | 27 | 56447 | 2091 | 8.37 |
| >$500 thousand to $1 million | 32 | 23700 | 741 | 3.46 |
| Less than $500 thousand | 422 | 37063 | 88 | 4.02 |
|  | 496 | $285423 | 575 | 3.43 |

---

------

**Asset Quality** 

The following tables present loans 30 to 89 days delinquent, non-performing loans, and other real estate owned ("OREO") as of the dates indicated. The amounts in the table represent the unpaid principal balance of the loans less related charge-offs, if any. Of the loans 30 to 89 days delinquent at December 31, 2025, approximately 59% were 59 days or less delinquent. Nonaccrual loans are loans that are 90 or more days delinquent or in foreclosure and other loans required to be reported as nonaccrual pursuant to accounting and/or regulatory reporting requirements and/or internal policies, even if the loans are current. Non-performing assets include nonaccrual loans and OREO.

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Loans Delinquent for 30 to 89 Days at:** | **Loans Delinquent for 30 to 89 Days at:** | **Loans Delinquent for 30 to 89 Days at:** | **Loans Delinquent for 30 to 89 Days at:** | **Loans Delinquent for 30 to 89 Days at:** | **Loans Delinquent for 30 to 89 Days at:** | **Loans Delinquent for 30 to 89 Days at:** | **Loans Delinquent for 30 to 89 Days at:** | **Loans Delinquent for 30 to 89 Days at:** | **Loans Delinquent for 30 to 89 Days at:** |
| | **December 31,** | **December 31,** | **September 30,** | **September 30,** | **June 30,** | **June 30,** | **March 31,** | **March 31,** | **December 31,** | **December 31,** |
| | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2024** | **2024** |
| | **Count** | **Amount** | **Count** | **Amount** | **Count** | **Amount** | **Count** | **Amount** | **Count** | **Amount** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| One- to four-family: |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Originated | 83 | $9351 | 68 | $7338 | 77 | $9617 | 73 | $8072 | 79 | $9768 |
| &nbsp;&nbsp;Purchased | 21 | 5767 | 13 | 3221 | 15 | 2958 | 12 | 3107 | 12 | 3020 |
| Commercial: |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Commercial real estate | 6 | 2584 | 7 | 1236 | 6 | 1654 | 5 | 2472 | 7 | 18373 |
| &nbsp;&nbsp;Commercial and industrial | 5 | 1039 | 1 | 32 | 8 | 1166 | 2 | 348 | 1 | 125 |
| Consumer | 29 | 635 | 22 | 520 | 27 | 634 | 24 | 441 | 35 | 679 |
|  | 144 | $19376 | 111 | $12347 | 133 | $16029 | 116 | $14440 | 134 | $31965 |
| Loans 30 to 89 days delinquent | Loans 30 to 89 days delinquent |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;to total loans receivable, net | &nbsp;&nbsp;&nbsp;to total loans receivable, net | 0.24% |  | 0.15% |  | 0.20% |  | 0.18% |  | 0.40% |

---

------

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Non-Performing Loans and OREO at:** | **Non-Performing Loans and OREO at:** | **Non-Performing Loans and OREO at:** | **Non-Performing Loans and OREO at:** | **Non-Performing Loans and OREO at:** | **Non-Performing Loans and OREO at:** | **Non-Performing Loans and OREO at:** | **Non-Performing Loans and OREO at:** | **Non-Performing Loans and OREO at:** | **Non-Performing Loans and OREO at:** |
| | **December 31,** | **December 31,** | **September 30,** | **September 30,** | **June 30,** | **June 30,** | **March 31,** | **March 31,** | **December 31,** | **December 31,** |
| | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2024** | **2024** |
| | **Count** | **Amount** | **Count** | **Amount** | **Count** | **Amount** | **Count** | **Amount** | **Count** | **Amount** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| *Loans 90 or More Days Delinquent or in Foreclosure:* | *Loans 90 or More Days Delinquent or in Foreclosure:* | *Loans 90 or More Days Delinquent or in Foreclosure:* |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;One- to four-family: |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Originated | 29 | $3223 | 29 | $2754 | 23 | $2168 | 30 | $2814 | 26 | $2338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased | 6 | 1469 | 6 | 1524 | 6 | 1875 | 10 | 2585 | 12 | 5099 |
| &nbsp;&nbsp;&nbsp;Commercial: |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial real estate | 12 | 3358 | 11 | 3123 | 12 | 3387 | 11 | 3315 | 7 | 2038 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial and industrial | 2 | 199 | 2 | 210 | 5 | 412 | 4 | 376 | 3 | 309 |
| &nbsp;&nbsp;&nbsp;Consumer | 14 | 218 | 10 | 94 | 12 | 176 | 19 | 473 | 22 | 356 |
|  | 63 | 8467 | 58 | 7705 | 58 | 8018 | 74 | 9563 | 70 | 10140 |
| Loans 90 or more days delinquent or in foreclosure | Loans 90 or more days delinquent or in foreclosure | Loans 90 or more days delinquent or in foreclosure |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; as a percentage of total loans |  | 0.10% |  | 0.09% |  | 0.10% |  | 0.12% |  | 0.13% |
| *Nonaccrual loans less than 90 Days Delinquent:*<sup>(1)</sup> | *Nonaccrual loans less than 90 Days Delinquent:*<sup>(1)</sup> | *Nonaccrual loans less than 90 Days Delinquent:*<sup>(1)</sup> |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;One- to four-family: |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial real estate | 4 | $40338 | 3 | $40249 | 3 | $40338 | 5 | $1128 | 6 | $1096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial and industrial | 1 | 77 | 2 | 109 | 1 | 97 | 2 | 142 | 1 | 125 |
|  | 5 | 40415 | 5 | 40358 | 4 | 40435 | 7 | 1270 | 7 | 1221 |
| Total nonaccrual loans | 68 | 48882 | 63 | 48063 | 62 | 48453 | 81 | 10833 | 77 | 11361 |
| Nonaccrual loans as a percentage of total loans | Nonaccrual loans as a percentage of total loans | 0.60% |  | 0.59% |  | 0.60% |  | 0.14% |  | 0.14% |
| *OREO:* |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;One- to four-family: |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Originated<sup>(2)</sup> | 2 | $291 | 1 | $62 | 1 | $92 |  | $— |  | $— |
| &nbsp;&nbsp;&nbsp;Consumer | 1 | 135 | 1 | 135 |  |  |  |  |  |  |
|  | 3 | 426 | 2 | 197 | 1 | 92 |  |  |  |  |
| Total non-performing assets | 71 | $49308 | 65 | $48260 | 63 | $48545 | 81 | $10833 | 77 | $11361 |
| Non-performing assets as a percentage | Non-performing assets as a percentage | Non-performing assets as a percentage |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;of total assets | &nbsp;&nbsp;&nbsp;&nbsp;of total assets | 0.50% |  | 0.49% |  | 0.50% |  | 0.11% |  | 0.12% |

---

(1)Includes loans required to be reported as nonaccrual pursuant to internal policies even if the loans are current.

(2)Real estate-related consumer loans where we also hold the first mortgage are included in the one- to four-family category as the underlying collateral is one- to four-family property.

------

The following table presents the amortized cost of loans classified as special mention or substandard at the dates presented. The decrease in commercial real estate special mention loans at December 31, 2025 compared to September 30, 2025 was due mainly to a $36.1 million hotel participation loan being upgraded to pass due to an improvement in the hotel's financial results.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** |
| | **Special Mention** | **Substandard** | **Special Mention** | **Substandard** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| One- to four-family | $14236 | $21611 | $13055 | $20616 |
| Commercial: |  |  |  |  |
| &nbsp;&nbsp;Commercial real estate | 22448 | 45801 | 59993 | 45550 |
| &nbsp;&nbsp;Commercial and industrial | 579 | 277 | 399 | 473 |
| Consumer | 106 | 365 | 326 | 322 |
|  | $37369 | $68054 | $73773 | $66961 |

---

*Allowance for Credit Losses:* The Bank utilizes a discounted cash flow model for estimating expected credit losses for pooled loans and loan commitments. Expected credit losses are determined by calculating projected future loss rates, which are dependent upon forecasted economic indices, and applying qualitative factors when deemed appropriate by management. At December 31, 2025, management applied qualitative factors to account for large dollar commercial real estate loan concentrations and potential risk of loss in market value for newer one- to four-family loans. These qualitative factors were applied to account for credit risks not fully reflected in the discounted cash flow model.

The Company's commercial real estate loans generally have low LTVs and strong DSCRs, which serve as indicators that losses in the commercial real estate loan portfolio might be unlikely; however, because there is uncertainty surrounding the nature, timing, and amount of expected losses, management believes that in the event of a realized loss within the large dollar commercial real estate loan pool, the magnitude of such a loss could be significant. The large dollar commercial real estate loan concentration qualitative factor addresses the risk associated with a large dollar relationship deteriorating due to a loss event. As part of its analysis, management considered external data including historical commercial real estate price index trending information from a variety of sources to help determine the amount of this qualitative factor.

For one- to four-family loans, management believes there is a risk of loss in market value in an economic downturn related to, in particular, newer originations where property values have not experienced price appreciation, as compared to more seasoned loans in our portfolio, and applied a qualitative factor to account for this risk. To determine the appropriate amount of the one- to four-family loan qualitative factor as of December 31, 2025, management considered external historical home price index trending information, along with historical loan loss experience, and portfolio balance trending, the one-to four-family loan portfolio composition with regard to loan size, and management's knowledge of the Bank's loan portfolio and the one- to four-family lending industry.

The distribution of our ACL and the ratio of ACL to loans receivable, by loan type, at the dates indicated is summarized below. The decrease in the commercial ACL to loans receivable ratio as of December 31, 2025, compared to September 30, 2025, was primarily driven by changes in the composition of the commercial and industrial and commercial construction loan portfolios. These shifts affected the weighted average lives of the respective portfolios, which in turn influenced the change in the discounted cash flow results. Based on management's evaluation of the credit risk within the Bank's commercial loan portfolio, taking into consideration DSCRs and LTVs, management believes the Bank's ACL ratio for commercial loans is appropriate for the credit risk. See additional discussion regarding the Bank's commercial loan DSCRs and LTVs in the "Loan Portfolio - Commercial Loans" section above.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Distribution of ACL** | **Distribution of ACL** | **Ratio of ACL to Loans Receivable** | **Ratio of ACL to Loans Receivable** |
| | **December 31,**<br>**2025** | **September 30,**<br>**2025** | **December 31,**<br>**2025** | **September 30,**<br>**2025** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| One- to four-family | $2842 | $3046 | 0.05% | 0.05% |
| Commercial: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Commercial real estate | 16825 | 15809 | 0.90 | 0.92 |
| &nbsp;&nbsp;&nbsp;Commercial and industrial | 1826 | 2499 | 0.83 | 1.19 |
| &nbsp;&nbsp;&nbsp;Commercial construction | 2871 | 2468 | 1.56 | 1.26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total commercial | 21522 | 20776 | 0.94 | 0.98 |
| Consumer | 208 | 217 | 0.18 | 0.19 |
| &nbsp;&nbsp;&nbsp;Total | $24572 | $24039 | 0.30 | 0.30 |

---

------

Historically, the Bank has maintained very low delinquency ratios and net charge-off rates. Over the past two years, the Bank's highest ratio of commercial loans 90 days or more delinquent to total commercial loans at a quarter end was 0.22%. The highest such ratio for one- to four-family originated and correspondent loans, combined, was 0.10%. Total net charge-offs during the current quarter was $119 thousand. During the 10-year period ended December 31, 2025, the Bank recognized $875 thousand of total net charge-offs. As of December 31, 2025, the ACL balance was $24.6 million and the reserve for off-balance sheet credit exposures totaled $6.0 million, which management believes is adequate for the credit risk characteristics in our loan portfolio.

The following table presents ACL activity and related ratios at the dates and for the periods indicated.

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| | | |
|:---|:---|:---|
| | **At or For the Three Months Ended** | **At or For the Three Months Ended** |
| | **December 31,<br>2025** | **September 30,<br>2025** |
| | (Dollars in thousands) | (Dollars in thousands) |
| Balance at beginning of period | $24039 | $22808 |
| Charge-offs: |  |  |
| &nbsp;&nbsp;One- to four-family |  | (3) |
| &nbsp;&nbsp;Commercial | (102) | (62) |
| &nbsp;&nbsp;Consumer | (21) | (37) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total charge-offs | (123) | (102) |
| Recoveries: |  |  |
| &nbsp;&nbsp;One- to four-family |  | 12 |
| &nbsp;&nbsp;Commercial | 2 | 23 |
| &nbsp;&nbsp;Consumer | 2 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total recoveries | 4 | 36 |
| Net (charge-offs) recoveries | (119) | (66) |
| Provision for credit losses | 652 | 1297 |
| Balance at end of period | $24572 | $24039 |
| Ratio of net charge-offs during the period |  |  |
| &nbsp;&nbsp;to average loans outstanding during the period | —% | —% |
| Ratio of net charge-offs (recoveries) during the |  |  |
| &nbsp;&nbsp;period to average non-performing assets | 0.24 | 0.14 |
| ACL to non-performing loans at end of period | 50.27 | 50.02 |
| ACL to loans receivable at end of period | 0.30 | 0.30 |
| ACL to net charge-offs (annualized) | 52x | 90x |

---

**Securities Portfolio**

The following table presents the distribution of our securities portfolio, at amortized cost, at December 31, 2025. Overall, fixed-rate securities comprised 91% of our securities portfolio at December 31, 2025. The weighted average life ("WAL") is the estimated remaining maturity (in years) after three-month historical prepayment speeds and projected call option assumptions have been applied. Weighted average yields on tax-exempt securities are not calculated on a fully tax-equivalent basis.

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| | | | |
|:---|:---|:---|:---|
| | **Amount** | **Yield** | **WAL** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| MBS | $805099 | 5.48% | 4.1 |
| Corporate bonds | 4000 | 5.12 | 6.4 |
|  | $809099 | 5.48 | 4.1 |

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------

The following table summarizes the activity in our securities portfolio for the period presented. The weighted average yields for the beginning and ending balances are as of the first and last days of the period presented and are generally derived from recent prepayment activity on the securities in the portfolio. The beginning and ending WALs are the estimated remaining principal repayment terms (in years) after the most recent three-month historical prepayment speeds and projected call option assumptions have been applied.

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| | | | |
|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** |
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| | **Amount** | **Yield** | **WAL** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Beginning balance - carrying value | $867216 | 5.45% | 4.8 |
| Maturities and repayments | (40956) |  |  |
| Net amortization of (premiums)/discounts | 838 |  |  |
| Purchases | 1848 | 6.64 | 3.1 |
| Change in valuation on AFS securities | 758 |  |  |
| Ending balance - carrying value | $829704 | 5.48 | 4.1 |

---

**Deposit Portfolio**

The following table presents the amount, weighted average rate, and percent of total for the components of our deposit portfolio at the dates presented. The decrease in the deposit portfolio rate at December 31, 2025 compared to September 30, 2025 was due mainly to lower rates on retail certificates of deposit.

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **December 31, 2024** | **December 31, 2024** | **December 31, 2024** |
| |<br>**Amount** |<br>**Rate** | **% of**<br> **Total** |<br>**Amount** |<br>**Rate** | **% of**<br> **Total** |<br>**Amount** |<br>**Rate** | **% of**<br> **Total** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Non-interest-bearing checking | $641201 | —% | 9.5% | $601371 | —% | 9.1% | $556515 | —% | 9.0% |
| Interest-bearing checking | 907684 | 0.23 | 13.4 | 859256 | 0.21 | 13.0 | 888287 | 0.22 | 14.3 |
| High yield savings | 557559 | 3.70 | 8.3 | 460712 | 3.88 | 7.0 | 171656 | 4.14 | 2.8 |
| Other savings | 424280 | 0.07 | 6.3 | 423942 | 0.07 | 6.5 | 439407 | 0.07 | 7.1 |
| Money market | 1229427 | 1.19 | 18.2 | 1233487 | 1.29 | 18.7 | 1235788 | 1.19 | 19.9 |
| Certificates of deposit | 2998481 | 3.65 | 44.3 | 3012680 | 3.74 | 45.7 | 2914464 | 4.15 | 46.9 |
|  | $6758632 | 2.18 | 100.0% | $6591448 | 2.26 | 100.0% | $6206117 | 2.34 | 100.0% |

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The following table presents the amount, weighted average rate, and percent of total for the components of our deposit portfolio, split between retail non-maturity deposits, commercial non-maturity deposits, and certificates of deposit at the dates presented.

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **December 31, 2024** | **December 31, 2024** | **December 31, 2024** |
| |<br>**Amount** |<br>**Rate** | **% of**<br> **Total** |<br>**Amount** |<br>**Rate** | **% of**<br> **Total** |<br>**Amount** |<br>**Rate** | **% of**<br> **Total** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Retail non-maturity deposits: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-interest-bearing checking | $431397 | —% | 6.4% | $409722 | —% | 6.2% | $434432 | —% | 7.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing checking | 823946 | 0.08 | 12.2 | 790783 | 0.08 | 12.0 | 819644 | 0.09 | 13.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;High yield savings | 557559 | 3.70 | 8.3 | 460712 | 3.88 | 7.0 | 171656 | 4.14 | 2.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other savings | 420756 | 0.07 | 6.2 | 420330 | 0.07 | 6.4 | 436147 | 0.07 | 7.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money market | 1060980 | 1.03 | 15.7 | 1050841 | 1.07 | 15.9 | 1145615 | 1.09 | 18.5 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total | 3294638 | 0.99 | 48.8 | 3132388 | 0.96 | 47.5 | 3007494 | 0.69 | 48.5 |
| Commercial non-maturity deposits: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-interest-bearing checking | 209804 |  | 3.1 | 191649 |  | 2.9 | 122083 |  | 2.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing checking | 83738 | 1.73 | 1.2 | 68473 | 1.72 | 1.0 | 68643 | 1.75 | 1.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings | 3524 | 0.05 | 0.1 | 3612 | 0.05 | 0.1 | 3260 | 0.05 | 0.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money market | 168447 | 2.18 | 2.5 | 182646 | 2.52 | 2.8 | 90173 | 2.50 | 1.5 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total | 465513 | 1.10 | 6.9 | 446380 | 1.29 | 6.8 | 284159 | 1.22 | 4.6 |
| Certificates of deposit: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Retail certificates of deposit | 2818392 | 3.63 | 41.7 | 2828982 | 3.73 | 43.0 | 2799418 | 4.14 | 45.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial certificates of deposit | 62178 | 3.55 | 0.9 | 61819 | 3.64 | 0.9 | 56564 | 4.27 | 0.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public unit certificates of deposit | 117911 | 4.02 | 1.7 | 121879 | 4.06 | 1.8 | 58482 | 4.48 | 0.9 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total | 2998481 | 3.65 | 44.3 | 3012680 | 3.74 | 45.7 | 2914464 | 4.15 | 47.0 |
|  | $6758632 | 2.18 | 100.0% | 6591448 | 2.26 | 100.0% | 6206117 | 2.34 | 100.0% |

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The following table presents the amount, weighted average rate, and percent of total for total retail deposits, commercial deposits, and public unit certificates of deposit at the dates noted.

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **December 31, 2024** | **December 31, 2024** | **December 31, 2024** |
| |<br>**Amount** |<br>**Rate** | **% of**<br> **Total** |<br>**Amount** |<br>**Rate** | **% of**<br> **Total** |<br>**Amount** |<br>**Rate** | **% of**<br> **Total** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Total retail deposits | $6113030 | 2.21% | 90.5% | $5961370 | 2.28% | 90.5% | $5806912 | 2.35% | 93.6% |
| Total commercial deposits | 527691 | 1.39 | 7.8 | 508199 | 1.58 | 7.7 | 340723 | 1.72 | 5.5 |
| Public unit certificates of deposit | 117911 | 4.02 | 1.7 | 121879 | 4.06 | 1.8 | 58482 | 4.48 | 0.9 |
|  | $6758632 | 2.18 | 100.0% | $6591448 | 2.26 | 100.0% | $6206117 | 2.34 | 100.0% |

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As of December 31, 2025, approximately $776.8 million (or approximately 11%) of the Bank's Call Report deposit balance was uninsured, of which approximately $599.4 million (or approximately 9% of the Bank's Call Report deposit balance) related to commercial and retail deposit accounts, with the remainder mainly comprised of fully collateralized public unit deposits and intercompany accounts. The uninsured amounts are estimates based on the methodologies and assumptions used for the Bank's regulatory reporting requirements.

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**Borrowings**

The following table presents the maturity of term borrowings, which consist of FHLB advances, along with associated weighted average contractual and effective rates as of December 31, 2025. Amortizing FHLB advances are presented based on their maturity dates versus their quarterly scheduled repayment dates.

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| | | | |
|:---|:---|:---|:---|
| **Maturity by**<br>**Fiscal Year** |<br>**Amount** | **Contractual**<br>**Rate** | **Effective**<br>**Rate**<sup>(1)</sup> |
|  | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| 2026 | $275000 | 2.31% | 2.42% |
| 2027 | 740000 | 3.49 | 3.56 |
| 2028 | 611066 | 4.20 | 4.07 |
| 2029 | 123750 | 4.45 | 4.45 |
| 2030 | 80000 | 4.20 | 4.20 |
|  | $1829816 | 3.64 | 3.65 |

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(1)The effective rate includes the impact of interest rate swaps and the amortization of deferred prepayment penalties resulting from FHLB advances previously prepaid.

The following table presents borrowing activity for the period shown. The borrowings presented in the table have original contractual terms of one year or longer or are tied to interest rate swaps with original contractual terms of one year or longer. Line of credit borrowings and finance leases are excluded from the table. The effective rate is shown as a weighted average and includes the impact of interest rate swaps and the amortization of deferred prepayment penalties resulting from FHLB advances previously prepaid. The weighted average maturity ("WAM") is the remaining weighted average contractual term in years. The beginning and ending WAMs represent the remaining maturity as of the first and last days of the period presented. During the current quarter, the Bank refinanced a $50.0 million fixed-rate advance with a weighted average effective rate of 4.03% and a WAL of 0.5 years and replaced it with a $50.0 million fixed-rate advance with a weighted average effective rate of 3.64% and a WAL of 2.0 years. This transaction resulted in prepayment fees of $11 thousand which will be recognized in interest expense over the life of the new FHLB advance. This activity is reflected in the table below. Management will continue to monitor opportunities for wholesale funding and may pay down FHLB advances in future periods. The Bank may also renew certain fixed-rate advances in the future using adjustable-rate advances in order to better match the repricing characteristics of its increasing commercial loan portfolio.

---

| | | | |
|:---|:---|:---|:---|
| | **For the Three Months Ended** | **For the Three Months Ended** | **For the Three Months Ended** |
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| |<br>**Amount** | **Effective**<br>**Rate** |<br>**WAM** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Beginning balance | $1950984 | 3.54% | 1.5 |
| Maturities and repayments | (171168) | 2.34 |  |
| New FHLB borrowings | 50000 | 3.64 | 2.0 |
| Ending balance | $1829816 | 3.65 | 1.4 |

---

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**Maturities of Interest-Bearing Liabilities**

The following table presents the maturity and weighted average repricing rate, which is also the weighted average effective rate, of certificates of deposit, split between retail/commercial and public unit amounts, and non-amortizing FHLB advances for the next four quarters as of December 31, 2025.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **March 31,**<br>**2026** | **June 30,**<br>**2026** | **September 30,**<br>**2026** | **December 31,**<br>**2026** |<br>**Total** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Retail/Commercial Certificates: | Retail/Commercial Certificates: |  |  |  |  |
| &nbsp;&nbsp;Amount | $407199 | $636261 | $595282 | $550620 | $2189362 |
| &nbsp;&nbsp;Repricing Rate | 3.64% | 3.79% | 3.66% | 3.58% | 3.68% |
| Public Unit Certificates: |  |  |  |  |  |
| &nbsp;&nbsp;Amount | $44281 | $9001 | $16379 | $18000 | $87661 |
| &nbsp;&nbsp;Repricing Rate | 4.12% | 4.22% | 3.94% | 3.62% | 3.99% |
| Term Borrowings: |  |  |  |  |  |
| &nbsp;&nbsp;Amount | $100000 | $50000 | $125000 | $250000 | $525000 |
| &nbsp;&nbsp;Repricing Rate | 1.60% | 0.98 | 3.66 | 4.29 | 3.31 |
| Total |  |  |  |  |  |
| &nbsp;&nbsp;Amount | $551480 | $695262 | $736661 | $818620 | $2802023 |
| &nbsp;&nbsp;Repricing Rate | 3.31% | 3.59% | 3.67% | 3.80% | 3.62% |

---

The following table sets forth the WAM information for our certificates of deposit, in years, as of December 31, 2025.

---

| | |
|:---|:---|
| Retail certificates of deposit | 0.8 |
| Commercial certificates of deposit | 0.6 |
| Public unit certificates of deposit | 0.6 |
| Total certificates of deposit | 0.8 |

---

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**Average Rates and Lives** 

At December 31, 2025, the gap between the amounts of the Bank's interest-earning assets and interest-bearing liabilities projected to mature or reprice within one year was $(1.23) billion, or (12.6%) of total assets, compared to $(983.6) million, or (10.1%) of total assets, at September 30, 2025. The change in the one-year gap amount was due primarily to an increase in the amount of projected interest-bearing liability cash flows coming due in one year exceeding a net increase in the amount of interest-earning assets in the same time period. The increase in liability cash flows was primarily related to deposits and a net increase in the amount of borrowings projected to mature within a year. The increase in the amount of deposits was due to an increase in non-maturity deposit balances between periods as well as the roll-down of the certificate of deposit portfolio as balances scheduled to mature within a year increased. The net increase in projected asset cash flows can be largely attributed to the Bank's commercial loan portfolio.

The amount of interest-bearing liabilities expected to reprice in a given period is not typically significantly impacted by changes in interest rates because the Bank's borrowings and certificate of deposit portfolios have contractual maturities and generally cannot be terminated early without a prepayment penalty. If interest rates were to increase 200 basis points, as of December 31, 2025, the Bank's one-year gap would have been projected to be $(1.46) billion, or (14.9)% of total assets. If interest rates were to decrease 200 basis points, as of December 31, 2025, the Bank's one-year gap would have been projected to be $(821.4) million, or (8.4)% of total assets. The changes in the gap amounts compared to when there is no change in rates was due to changes in the anticipated net cash flows primarily as a result of projected prepayments on mortgage-related assets in each rate environment. In higher rate environments, prepayments on mortgage-related assets are projected to be lower, and in lower rate environments, prepayments are projected to be higher.

The following table presents the weighted average yields/rates and WALs (in years), after applying prepayment, call assumptions, and decay rates for our interest-earning assets and interest-bearing liabilities as of December 31, 2025. Yields presented for interest-earning assets include the amortization of fees, costs, premiums and discounts, which are considered adjustments to the yield. The interest rate presented for term borrowings is the effective rate, which includes the impact of interest rate swaps and the amortization of deferred prepayment penalties resulting from FHLB advances previously prepaid. The WAL presented for term borrowings includes the effect of interest rate swaps.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Amount** | **Yield/Rate** | **WAL** | **% of Category** | **% of Total** |
| | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Securities | $829704 | 5.48% | 3.2 |  | 8.9% |
| Loans receivable: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Fixed-rate one- to four-family | 4904673 | 3.53 | 6.6 | 59.8% | 52.5 |
| &nbsp;&nbsp;&nbsp;Fixed-rate commercial | 847870 | 5.79 | 1.8 | 10.3 | 9.1 |
| &nbsp;&nbsp;&nbsp;All other fixed-rate loans | 30938 | 7.35 | 7.0 | 0.4 | 0.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total fixed-rate loans | 5783481 | 3.88 | 5.9 | 70.5 | 61.9 |
| &nbsp;&nbsp;&nbsp;Adjustable-rate one- to four-family | 886128 | 4.55 | 4.1 | 10.8 | 9.5 |
| &nbsp;&nbsp;&nbsp;Adjustable-rate commercial | 1430772 | 5.87 | 3.5 | 17.5 | 15.3 |
| &nbsp;&nbsp;&nbsp;All other adjustable-rate loans | 99594 | 7.41 | 3.3 | 1.2 | 1.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total adjustable-rate loans | 2416494 | 5.45 | 3.7 | 29.5 | 25.8 |
| &nbsp;&nbsp;&nbsp;Total loans receivable | 8199975 | 4.34 | 5.2 | 100.0% | 87.7 |
| FHLB stock | 85060 | 9.21 | 1.6 |  | 0.9 |
| Cash and cash equivalents | 232634 | 3.30 |  |  | 2.5 |
| Total interest-earning assets | $9347373 | 4.46 | 4.9 |  | 100.0% |
| Non-maturity deposits | $3118950 | 1.21 | 5.0 | 51.0% | 39.2% |
| Retail certificates of deposit | 2818392 | 3.63 | 0.8 | 46.1 | 35.5 |
| Commercial certificates of deposit | 62178 | 3.51 | 0.6 | 1.0 | 0.8 |
| Public unit certificates of deposit | 117911 | 4.02 | 0.6 | 1.9 | 1.5 |
| &nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 6117431 | 2.40 | 2.9 | 100.0% | 77.0 |
| Term borrowings | 1830867 | 3.65 | 1.4 |  | 23.0 |
| Total interest-bearing liabilities | $7948298 | 2.69 | 2.6 |  | 100.0% |

---

## Exhibit 99.2

![](cffnirdeck1225001.jpg)

QUARTERLY INVESTOR PRESENTATION

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![](cffnirdeck1225002.jpg)

2 Safe Harbor Disclosure Except for the historical information contained in this press release, the matters discussed herein may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements about our beliefs, plans, objectives, goals, expectations, anticipations, estimates and intentions. The words "may," "could," "should," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions are intended to identify forward-looking statements. Forward- looking statements involve risks and uncertainties, including: changes in policies or the application or interpretation of laws and regulations by regulatory agencies and tax authorities; other governmental initiatives affecting the financial services industry; changes in accounting principles, policies or guidelines; fluctuations in interest rates and the effects of inflation or a potential recession, whether caused by Federal Reserve action or otherwise; changes to existing trade policies that could affect economic activity or specific industry sectors; the impact of bank failures or adverse developments at other banks and related negative press about the banking industry in general on investor or depositor sentiment; demand for loans in Capitol Federal Financial, Inc.'s market areas; the future earnings and capital levels of Capitol Federal Savings Bank and the impact of potential pre-1988 bad debt recapture, which could affect the ability of Capitol Federal Financial, Inc. to pay dividends in accordance with its dividend policies; competition; and other risks detailed from time to time in documents filed or furnished by Capitol Federal Financial, Inc. with the Securities and Exchange Commission. Actual results may differ materially from those currently expected. These forward-looking statements represent Capitol Federal Financial, Inc.'s judgment as of the date of this release. Capitol Federal Financial, Inc. disclaims, however, any intent or obligation to update these forward- looking statements.

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![](cffnirdeck1225003.jpg)

3 Capitol Federal Financial, Inc. (CFFN) at a glance For over 130 years, Capitol Federal® has been a leader in financial stability and trust in the communities we serve. Since 1893, we have been, and intend to continue to be, a community-oriented financial institution offering a variety of financial services to meet the needs of the communities we serve, currently through 44 traditional and two in-store branches. Ticker Market Capitalization Nasdaq: CFFN $884 million Commercial Business Deposit Accounts Business and Corporate Cards Treasury Management Commercial and Business Loans Wealth Management Insurance Assets Loans $9.8 billion $8.2 billion Deposits $6.8 billion Local communities served Selected Product Offerings Consumer Deposit and Savings Accounts Mortgages and Loans Digital Banking Private Banking Trust Services Wealth Management Insurance Corporate Offices Topeka, Kansas

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![](cffnirdeck1225004.jpg)

4 CFFN investment rationale Uniquely focused on delivering long- term, sustainable stockholder value while maintaining a strong capital position Banking expertise strengthened by a deep understanding of the communities we serve 1 Robust balance sheet, stable portfolio and long history of disciplined capital returns 2 Strategic banking initiatives in place to become a full-service commercial bank 3

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![](cffnirdeck1225005.jpg)

5 Banking expertise strengthened by a deep understanding of the communities we serve • We have a deep understanding of and relationships within the communities we serve ◦ Our team has strong ties to the Topeka, Salina, Wichita and Kansas City communities, which underpin our success in both commercial and consumer products • CFFN is active in commercial lending markets outside of the Bank's and customers' local footprint ◦ Commercial loans are generally made to borrowers in Kansas and Missouri, and property locations include Kansas, Missouri, Texas, and 21 other statescommunities we serve commercial lending outside local footprint

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![](cffnirdeck1225006.jpg)

6 Uniquely positioned, deeply experienced and fully aligned to deliver on our strategic roadmap Our leadership team combines deep industry expertise with a proven track record of operational excellence. We have architected the current strategic plan and possess the unique institutional knowledge required to execute it seamlessly. No other team is better equipped to navigate the complexities of our market and deliver on our long-term value creation goals. Executive leadership The right team to execute Experienced board Appropriate skills to oversee strategy 7 Member board 88% Independent Financial Industry knowledge Executive leadership Technology / Data security Compliance / Regulatory Community engagement Human capital management Risk / Operations Marketing / Public relations Small business / Entrepreneurship John B. Dicus CEO Kent Townsend CFO & Treasurer Rick Jackson CLO Natalie Haag General Counsel Tony Barry Chief Corporate Services Officer Billy Skrobacz Jr. Chief Retail Operations Officer

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![](cffnirdeck1225007.jpg)

7 Balance sheet repositioning continues to drive improvements • Completed a securities restructuring in October 2023: Sold $1.30 billion of securities at a yield of 1.22%, purchased $632.0 million of securities yielding 5.75%, and paid down $500.0 million of Bank Term Funding debt at 4.70% • Net Interest Margin continues to improve: restructuring led to an immediate increase in our net interest margin by approximately 60 basis points in fiscal year 2024, a nearly 50% increase from our net interest margin for fiscal year 2023 1.21% 1.80% 2.09% 2.19% 9/23 9/24 9/25 12/25 Net interest margin (quarterly)

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![](cffnirdeck1225008.jpg)

8 Strong capital position supports capital returns via disciplined framework 10.1% 10.1% 10.2% 10.1% 10.0% 17.4% 17.6% 17.1% 16.8% 16.5% Tier 1 Leverage CET1 12/24 3/25 6/25 9/25 12/25

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![](cffnirdeck1225009.jpg)

9 Long history of disciplined capital returns Over $2 billion of cumulative capital returned to shareholders since 2010 Due to the Bank's expected continuing positive tax accumulated earnings and profit balance, it is anticipated that the Bank will be in a position to make earnings distributions to the Company during fiscal year 2026 (in m ill io ns) $1,968.7 $2,033.1 $436.1 $456.2 $1,532.7 $1,576.9 Share Repurchases Dividends 2024 2025 $— $500 $1,000 $1,500 $2,000 $2,500

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![](cffnirdeck1225010.jpg)

10 Growing into the full-service community-oriented commercial bank of choice We are delivering value to stockholders through a more diversified balance sheet, expanded income streams, and diligent credit risk management. We expect the pace of the past two years to continue as we roll out more products and services and add to an already seasoned team of professionals focused on driving our commercial business lines. We are proud of our disciplined capital management approach which has resulted in our returning $2.03 billion to stockholders through share repurchases and dividends since our second-step conversion in 2010, and we will continue to focus on capital management decisions that drive long-term value for stockholders. - John B. Dicus Chairman and CEO Strategic priorities • Growth-oriented strategic actions • Commercial lending • Treasury management • Digital banking • Private banking • Trust & wealth management • Commercial & personal insurance • Disciplined capital returns • Focus on asset quality

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![](cffnirdeck1225011.jpg)

11 Growing our commercial loan portfolio (in th ou sa nd s) Commercial Loan Portfolio Balance Disbursements 9/21 9/22 9/23 9/24 9/25 12/25 (QTR) — 500,000 1,000,000 1,500,000 2,000,000 2,500,000 • Positive mix-shift into commercial is our primary growth-oriented strategic initiative • Growth driven through investments in technology, people, products, and services • Active in commercial lending markets even when the opportunity is outside of our local footprint

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![](cffnirdeck1225012.jpg)

12 Deposit base and customer solution expansion Treasury Management • Competitive suite of treasury management products • Experienced team of treasury management officers • Focus area for our sales teams to diversify funding sources and increase fee revenue tied to depository accounts • New deposit account onboarding platform • Digital banking enhancements for debit cardholders • Fintech plug-in technologies to integrate into our digital banking experience • Bringing together wealth management, private banking and insurance to provide a comprehensive suite of products and services • Private banking line of business a gateway to driving off-balance sheet revenue Digital Banking Wealth Management

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![](cffnirdeck1225013.jpg)

13 Financial highlights (dollars in thousands) Quarter Ended 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 Net income $20,304 $18,813 $18,382 $15,399 $15,431 Earnings per share $0.16 $0.14 $0.14 $0.12 $0.12 Net interest margin 2.19% 2.09% 1.98% 1.92% 1.86% Return on average assets 0.83% 0.77% 0.76% 0.64% 0.65% Return on average equity 7.72% 7.17% 7.05% 5.96% 5.98% Commercial Loans / Total Loans 27.79% 26.01% 23.77% 21.13% 20.65% Deposits / Total Assets 69.12% 67.41% 66.35% 65.57% 65.07% Borrowings / Total Assets 18.71% 19.95% 21.37% 22.05% 22.69%

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![](cffnirdeck1225014.jpg)

14 Financial highlights For the Three Months Ended 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 Interest income $105,989 $104,044 $99,678 $98,175 $97,622 Interest expense 54,672 55,261 54,220 54,335 55,392 Net interest income 51,317 48,783 45,458 43,840 42,230 Provision for credit losses 1,106 519 (451) — 677 Non-interest income 5,479 5,791 5,288 4,953 4,693 Non-interest expense 30,476 31,018 29,564 29,540 27,148 Income tax expense 4,910 4,224 3,251 3,854 3,667 Net income $20,304 $18,813 $18,382 $15,399 $15,431 Efficiency ratio 53.66% 56.84% 58.26% 60.54% 57.86% Operating expense ratio 1.24 1.27 1.23 1.23 1.14 Basic and diluted earnings per share $0.16 $0.14 $0.14 $0.12 $0.12 Condensed Consolidated Income Statement (dollars in thousands)

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![](cffnirdeck1225015.jpg)

15 Financial highlights At Qtr Avg Yield/Cost for Qtr Ended 12/31/2025 9/30/2025 12/31/2025 9/30/2025 12/31/2025 9/30/2025 ASSETS: Cash and cash equivalents $232,634 $252,443 $274,154 $192,755 3.96% 4.36% Securities 829,704 867,216 830,320 906,300 5.49 5.47 Loans receivable, net 8,176,736 8,111,961 8,165,539 8,126,806 4.36 4.27 FHLB Stock 85,060 90,662 88,223 94,288 9.14 9.10 Other assets 454,266 456,419 468,876 468,378 N/A N/A Total assets $9,778,400 $9,778,701 $9,827,112 $9,788,527 4.49 4.43 LIABILITIES AND STOCKHOLDERS' EQUITY: Non-maturity deposits $3,118,950 $2,977,397 $3,052,304 $2,969,170 1.23 1.18 Retail/comm certificates 2,880,570 2,890,801 2,885,908 2,847,931 3.68 3.78 Wholesale certificates 117,911 121,879 124,247 118,066 4.01 4.07 Total interest-bearing deposits 6,117,431 5,990,077 6,062,459 5,935,167 2.45 2.49 FHLB/other borrowings 1,829,914 1,950,770 1,911,552 2,027,086 3.56 3.53 Non-interest-bearing deposits 641,201 601,371 609,471 587,128 N/A N/A Other liabilities 148,534 188,806 192,207 189,471 N/A N/A Total liabilities 8,737,080 8,731,024 8,775,689 8,738,852 2.72 2.75 Total stockholders' equity 1,041,320 1,047,677 1,051,423 1,049,675 Total liabilities and stockholders' equity $9,778,400 $9,778,701 $9,827,112 $9,788,527 Condensed Consolidated Balance Sheet (dollars in thousands)

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![](cffnirdeck1225016.jpg)

16 Financial highlights Loan Portfolio (dollars in thousands) One- to four-family loans Originated Purchased 9/22 9/23 9/24 12/24 3/25 6/25 9/25 12/25 $— $2,000,000 $4,000,000 $6,000,000 $8,000,000 Commercial loans Real Estate C&I Construction 9/22 9/23 9/24 12/24 3/25 6/25 9/25 12/25 $— $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000

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![](cffnirdeck1225017.jpg)

17 Financial highlights Asset Quality 30 to 89 days delinquent loans to total loans receivable, net Non-performing loans to total loans receivable, net ACL/Total Loans, Net 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 0.10% 0.20% 0.30% 0.40% 0.50% 0.60% 0.70% LTV on CRE Portfolio DSCR on CRE Portfolio 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 40% 50% 60% 70% 80% 1.00x 1.20x 1.40x 1.60x 1.80x • underwriting standards designed to limit exposure to credit risk • complete documentation required for all loans • ongoing monitoring of loan concentrations and credit quality

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![](cffnirdeck1225018.jpg)

18 Financial highlights Deposit Portfolio (dollars in thousands) Retail non-maturity deposits Checking/Savings High Yield Money Market Rate 12/24 3/25 6/25 9/25 12/25 $— $800,000 $1,600,000 $2,400,000 $3,200,000 $4,000,000 —% 0.25% 0.50% 0.75% 1.00% 1.25% Commercial non-maturity deposits Nonint Checking Int Checking/Savings Money Market Rate 12/24 3/25 6/25 9/25 12/25 $— $100,000 $200,000 $300,000 $400,000 $500,000 —% 0.25% 0.50% 0.75% 1.00% 1.25% 1.50% Certificates of deposit Retail Commercial Public Rate 12/24 3/25 6/25 9/25 12/25 $— $800,000 $1,600,000 $2,400,000 $3,200,000 $4,000,000 —% 1.00% 2.00% 3.00% 4.00% 5.00%

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![](cffnirdeck1225019.jpg)

19 Financial highlights Share Information (dollars in thousands) Dividends and Share Repurchases Regular Dividends True-up Dividends Special Dividends Share Repurchases 2021 2022 2023 2024 2025 $— $50,000 $100,000 $150,000 Shares Oustanding Shares Outstanding 2021 2022 2023 2024 2025 100,000,000 110,000,000 120,000,000 130,000,000 140,000,000 150,000,000

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![](cffnirdeck1225020.jpg)

20 Financial highlights Interest Rate Risk (dollars in thousands) M V PE R ate Sensitivity MVPE Ratio Post Shock MVPE Ratio (+200bp) Rate Sensitivity Ratio 12/24 3/25 6/25 9/25 12/25 4% 6% 8% 10% 12% 14% —% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% As of December 31, 2025 More than More Than Within One Year to Three Years One Year Three Years to Five Years Interest-earning assets: Loans receivable $2,385,602 $1,862,963 $1,311,246 Securities 197,166 301,067 162,358 Other interest-earning assets 209,750 — — 2,792,518 2,164,030 1,473,604 Interest-bearing liabilities: Non-maturity deposits 1,131,816 599,430 453,072 Certificates of deposit 2,277,022 679,133 42,033 Borrowings 611,316 1,184,871 42,510 4,020,154 2,463,434 537,615 Net Cash Flow $(1,227,636) $(299,404) $935,989 Cumulative gap / Total assets (12.6) % (15.6) % (6.0) %

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## Exhibit 99.3

![cffnlogo1.jpg](cffnlogo1.jpg)

**NEWS RELEASE**

**<u>FOR IMMEDIATE RELEASE</u>**

**January 27, 2026**

**CAPITOL FEDERAL FINANCIAL, INC.**<sup>®</sup>

**ANNOUNCES QUARTERLY DIVIDEND**

Topeka, KS - Capitol Federal Financial, Inc. (NASDAQ: CFFN) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share on outstanding CFFN common stock.

The dividend is payable on February 20, 2026 to stockholders of record as of the close of business on February 6, 2026.

The Company will release financial results for the quarter ended December 31, 2025 on January 28, 2026.

Capitol Federal Financial, Inc. is the holding company for Capitol Federal Savings Bank (the "Bank"). The Bank has 46 branch locations in Kansas and Missouri, and is one of the largest residential lenders in the State of Kansas. News and other information about the Company can be found at the Bank's website, http://www.capfed.com.

**<u>Forward-Looking Statements</u>**

Except for the historical information contained in this press release, the matters discussed herein may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements about our beliefs, plans, objectives, goals, expectations, anticipations, estimates and intentions. The words "may," "could," "should," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties, including: changes in policies or the application or interpretation of laws and regulations by regulatory agencies and tax authorities; other governmental initiatives affecting the financial services industry; changes in accounting principles, policies or guidelines; fluctuations in interest rates and the effects of inflation or a potential recession, whether caused by Federal Reserve action or otherwise; changes to existing trade policies that could affect economic activity or specific industry sectors; the impact of bank failures or adverse developments at other banks and related negative press about the banking industry in general on investor or depositor sentiment; demand for loans in the Company's market areas; the future earnings and capital levels of the Bank and the impact of potential pre-1988 bad debt recapture, which could affect the ability of the Company to pay dividends in accordance with its dividend policies; competition; and other risks detailed from time to time in documents filed or furnished by the Company with the Securities and Exchange Commission. Actual results may differ materially from those currently expected. These forward-looking statements represent the Company's judgment as of the date of this release. The Company disclaims, however, any intent or obligation to update these forward-looking statements.

---

| | |
|:---|:---|
| For further information contact: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kent Townsend | Investor Relations |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice President, | (785) 270-6055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer and Treasurer | investorrelations@capfed.com |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(785) 231-6360 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ktownsend@capfed.com |  |

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<br>