Company News

Capital Financial Holdings, Inc. Announces First Quarter 2010 Earnings

Contact:  Bradley P. Wells 701/837-9600

MINOT, NORTH DAKOTA - (May 11, 2010) – Capital Financial Holdings, Inc. (CPFH.OB), a financial services company, today reported revenues for the first quarter of 2010 of $4,535,563, a 4% increase from revenues of $4,351,673 for the first quarter of 2009. 

The Company reported a net loss of $100,311, or ($0.01) per diluted share, for the first quarter of 2010, compared to a net loss of $147,141, or ($0.01) per diluted share, for the first quarter of 2009. 

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

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, financial planners, and investment advisors throughout the United States. More information is available at or by calling (877) 814-6379.

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