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Capital Financial Holdings, Inc. Announces Second Quarter 2012 Earnings

Contact: John Carlson 701/837-9600

MINOT, NORTH DAKOTA – (August 10, 2012) – Capital Financial Holdings, Inc. (CPFH.OB), a financial services company, reports revenues for the second quarter of 2012 of $4,866,975, a 3% increase over revenues of $4,698,677 for the second quarter of 2011.

The Company reported net income of $90,317, or $0.00 per diluted share, for the second quarter of 2012, compared to a net income of $170,073, or $0.01 per diluted share, for the second quarter of 2011.

The increase in revenues resulted primarily from an increase in commission income received by the Company’s broker-dealer division.

Statements in this press release regarding the Company’s business which are not historical facts are “forward-looking statements” that involve a number of risks and uncertainties. The Company cautions that various factors, including the factors described under the caption forward-looking statements in the Company’s annual report on Form 10-K, could cause actual results to differ materially from the statements contained herein. These factors include the following: business conditions and growth in the financial services industry, regulatory changes; general economic conditions; competitive factors including compressed net profit margins; changes in product mix; labor strikes; fluctuations in foreign currency exchange rates; income tax legislation; and the risk factors listed from time to time in the Company’s reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement.

Capital Financial Holdings, Inc. is publicly traded over the OTC Bulletin Board under the symbol CPFH.OB. The Company continues to operate as a Broker-Dealer with its wholly owned subsidiary Capital Financial Services, Inc.; a full-service brokerage firm that specializes in providing investment products and services to independent investment advisors and financial planners throughout the United States. More information is available at http://capitalfinancialholdings.com or by calling (877) 814-6379.




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