Welcome to our dedicated page for Tfs Finl news (Ticker: TFSL), a resource for investors and traders seeking the latest updates and insights on Tfs Finl stock.
TFS Financial Corporation reports news centered on its role as the holding company for Third Federal Savings and Loan Association of Cleveland, a savings and mortgage lender. Recurring updates cover quarterly operating results, net interest income, deposit mix, residential mortgage and home equity lending, credit-loss provisions, loan sales, capital ratios, and cash dividends.
Company announcements also address Third Federal’s customer programs, wealth-management access through advisory relationships, community initiatives, branch and lending-office activity in Ohio and Florida, and governance matters at the holding company and savings association.
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TFS Financial Corporation (NASDAQ: TFSL) announced a quarterly cash dividend of $0.2825 per share, payable on March 21, 2023, to stockholders of record by March 7, 2023. Notably, the mutual holding company, Third Federal Savings and Loan Association of Cleveland, has waived its right to receive the dividend for its 227,119,132 shares, accounting for 81.0% of the Company's common stock. This waiver follows member approval and non-objection from the Federal Reserve Bank of Cleveland to forgo dividends up to $1.13 per share until July 12, 2023. As of December 31, 2022, TFS Financial's assets totaled $16.13 billion.