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Capital Financial Holdings, Inc. Announces Third Quarter 2016 Earnings

Contact: John Carlson 701/837-9600

MINOT, NORTH DAKOTA – (November 10, 2016) – Capital Financial Holdings, Inc. (CPFH.OB), a financial services company, reports revenues for the third quarter of 2016 of $4,726,396, a 4% increase over revenues of $4,536,966 for the third quarter of 2015.

The Company reported net income of $44,740, or $36 per diluted share, for the third quarter of 2016, compared to a net income of $36,254, or $29 per diluted share, for the third quarter of 2015.

The increase in revenues resulted primarily from a increase in income related to investment advisory based products received by the Company’s broker-dealer division and oil and gas revenues received by the Company’s natural resource 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 or by calling (877) 814-6379.

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