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Capital Financial Holdings, Inc. Announces Second Quarter 2017 Earnings
Contact: Gordon Dihle 701/837-9600

MINOT, NORTH DAKOTA – (August 14, 2017) – Capital Financial Holdings, Inc. (CPFH.OB), a financial services company, reports revenues for continued operations for the second quarter of 2017 of $3,757,142, a 14% decrease over revenues for continued operations of $4,371,245 for the second quarter of 2017.

The Company reported net loss of $20,205 for continued operations, or $(16) per diluted share, for the second quarter of 2017, compared to a net loss of $28,195 for continued operations, or $(23) per diluted share, for the second quarter of 2016.

The decrease in revenues resulted primarily from a decrease in income related to commission based products 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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