Capitol Federal Financial in Topeka, Kan., reported a higher quarterly profit as costs for Federal Home Loan Bank borrowings and compensation declined.

The $9 billion-asset company reported Monday that profit for the quarter that ended June 30 rose roughly 11%, to $20 million, from a year earlier. Earnings per share increased by a penny, to 14 cents.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.