Tfs Finl Corp Stock Price, News & Analysis

TFS Financial Corporation (NASDAQ: TFSL) has declared a quarterly cash dividend of $0.2825 per share, payable on June 24, 2025, to stockholders of record on June 10, 2025. The company's mutual holding company (MHC), which owns 80.9% of TFSL's common stock (227,119,132 shares), has waived its right to receive the dividend. The MHC received approval from members and the Federal Reserve Bank of Cleveland to waive dividends up to $1.13 per share through July 9, 2025.

Third Federal, founded in Cleveland in 1938, operates in 27 states and D.C., with assets totaling $17.11 billion as of March 31, 2025. The company maintains 21 branches in Northeast Ohio, two lending offices in Central and Southern Ohio, and 16 branches throughout Florida.

TFS Financial reported strong Q2 2025 results with net income of $21.0 million, following $22.4 million in Q1. The company's net interest margin increased by 10 basis points to 1.75%, while commitments for mortgages and equity loans rose 40% over last quarter.

Key highlights include:

• Total assets reached $17.11 billion, up by $54.1 million
• Net interest income increased $3.7 million (5.4%) to $72.0 million
• Deposits grew by $190.4 million to $10.40 billion
• Tier 1 leverage ratio improved to 10.92%

The company maintained strong capital positions and loan quality, with total loan delinquencies at just 0.20% of total loans. Home equity loans increased by $193.7 million to $4.32 billion, while residential core mortgage loans decreased by $175.9 million to $10.99 billion. CEO Marc Stefanski expressed optimism, noting fiscal earnings are the best since 2021.

TFS Financial (NASDAQ: TFSL) has declared a quarterly cash dividend of $0.2825 per share, payable on March 20, 2025, to stockholders of record on March 6, 2025. The company's mutual holding company (MHC), which owns 80.9% of outstanding shares, has waived its right to receive dividends up to $1.13 per share through July 9, 2025, following member approval and Federal Reserve Bank of Cleveland's non-objection.

The MHC previously waived dividends totaling $0.565 per share during the quarters ending September and December 2024. As of December 31, 2024, the company's assets totaled $17.06 billion. Third Federal, which operates in 27 states and D.C., maintains 21 branches in Northeast Ohio, two lending offices in Central and Southern Ohio, and 16 branches throughout Florida.

Third Federal (TFSL) has announced its participation in a free tax preparation initiative for individuals and families earning less than $67,000. The event, scheduled for February 8, 2025, will take place at Cleveland Central Catholic High School. IRS-certified tax preparers will assist participants in identifying their eligibility for the Earned Income Tax Credit (EITC).

The company is partnering with CHN Housing Partners, Cleveland Central Catholic High School, Cuyahoga County, the City of Cleveland, and Enterprise Community Partners for this initiative. Third Federal has supported this program since 2012. The event will feature additional services from various community organizations, including Legal Aid Society of Cleveland and Greater Cleveland Food Bank.

As of September 30, 2024, Third Federal reported total assets of $17.1 billion. The company operates 21 branches in Northeast Ohio and 16 branches in Florida, serving 27 states and the District of Columbia.

TFS Financial (NASDAQ: TFSL) reported net income of $22.4 million for Q1 FY2025, up from $18.2 million in the previous quarter and $20.7 million year-over-year. The improvement was primarily due to a release of provision for credit losses and decreased non-interest expenses.

Net interest income slightly decreased to $68.3 million, with a net interest margin of 1.66%. The company saw significant growth in promotional CDs, with over $350 million increase in December alone. Total assets stood at $17.06 billion, while loans held for investment reached $15.34 billion.

Key metrics include a strong Tier 1 capital ratio of 10.89%, total loan delinquencies at 0.24% of total loans, and an allowance for credit losses at $97.8 million. The company maintained its quarterly dividend of $0.2825 per share.

TFS Financial (NASDAQ: TFSL) has declared a quarterly cash dividend of $0.2825 per share, payable on December 17, 2024, to stockholders of record on December 3, 2024. The company's mutual holding company (MHC), which owns 80.9% of outstanding shares, has waived its right to receive dividends up to $1.13 per share through July 9, 2025, following member approval and Federal Reserve non-objection. As of September 30, 2024, the company's assets totaled $17.09 billion.

TFS Financial (NASDAQ: TFSL) reported net income of $79.6 million for fiscal year 2024, a 6% increase from $75.3 million in 2023. The company saw strong growth in home equity products and retail deposits, with total deposits increasing by $745.3 million to $10.20 billion. Net interest income decreased slightly to $278.5 million from $283.6 million in 2023. Total assets grew 1% to $17.09 billion, while loans held for investment increased to $15.32 billion. The company maintained a strong Tier 1 capital ratio of nearly 11% and reduced its expense-to-asset ratio from 1.30% to 1.20% through cost management efforts.

TFS Financial (NASDAQ: TFSL) has declared a quarterly cash dividend of $0.2825 per share, payable on September 24, 2024, to stockholders of record on September 10, 2024. The company's mutual holding company, which owns 80.9% of outstanding shares, has waived its right to receive the dividend. This waiver, approved by members and the Federal Reserve Bank of Cleveland, allows for dividends up to $1.13 per share through July 9, 2025.

Third Federal Savings and Loan Association, founded in 1938, operates under values of love, trust, and respect. As of June 30, 2024, the company's assets totaled $17.03 billion. Third Federal lends in 27 states and D.C., with 21 branches in Northeast Ohio, two lending offices in Central and Southern Ohio, and 16 branches in Florida.

Third Federal Savings and Loan Association of Cleveland, MHC has received non-objection from the Federal Reserve Bank of Cleveland to waive dividends up to $1.13 per share on its TFS Financial (NASDAQ: TFSL) stock for the 12 months ending July 9, 2025. The MHC, owning 80.9% of TFSL's common stock, gained member approval with 97% of votes in favor. Chairman and CEO Marc A. Stefanski highlighted this as an opportunity to maximize dividends for institutional and individual shareholders while focusing on capital preservation. Third Federal, founded in 1938, operates in 26 states and D.C., with assets totaling $17.03 billion as of June 30, 2024.