TFS Financial Corporation

NASDAQ•TFSL

CEO: Mr. Marc A. Stefanski

Sector: Financial Services

Industry: Banks - Regional

Listing Date: 2007-04-23

TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. The company's deposit products include savings, money market, checking, individual retirement, and other qualified plan accounts, as well as certificates of deposit. It also provides residential real estate mortgage loans, residential construction loans, purchase mortgages, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans. In addition, the company offers escrow and settlement services. The company provides its products and services through its main office in Cleveland, Ohio; and multiple full-service branches and loan production offices located throughout the states of Ohio and Florida. TFS Financial Corporation was founded in 1938 and is headquartered in Cleveland, Ohio. TFS Financial Corporation is a subsidiary of Third Federal Savings and Loan Association of Cleveland, MHC.

Contact Information

7007 Broadway Avenue, Cleveland, OH, 44105, United States

216-441-6000

www.thirdfederal.com

Market Cap

$3.79B

P/E (TTM)

41.5

14.6

Dividend Yield

8.4%

52W High

$15.42

52W Low

$11.29

52W Range

54%

Rank45Top 56.8%

3.6

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.6 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$205.82M+6.49%

4-Quarter Trend

EPS

$0.08+1.01%

4-Quarter Trend

FCF

$57.09M+0.00%

4-Quarter Trend

2026 Q1 Earnings Highlights

Key Highlights

Net Interest Income Rises NII increased 10.8% to $75.7M, driven by higher loan yields (4.68% vs 4.49%); NIM improved 13 bps to 1.79%.

Stable Asset Quality Metrics Non-accrual loans remained stable at $39.0M (0.25% of total assets); net recoveries were $0.7M for the quarter.

Strong Capital Ratios Maintained Association's CET1 ratio stood at 15.82%, significantly exceeding the 6.50% "Well Capitalized" threshold as of period end.

Loan Portfolio Growth Net loans held for investment grew $78.4M sequentially to $15.74B, supported by increased borrowings of $69.6M.

Risk Factors

Interest Rate Risk Exposure EVE sensitivity shows a 19.98% decrease under a +200 basis point shock, indicating vulnerability to rising rates.

Rising Non-Interest Expenses Non-interest expense jumped 17.3% to $56.2M, driven by higher salaries and marketing costs, pressuring profitability.

Deposit Balance Decline Total deposits decreased $74.9M sequentially, requiring increased reliance on wholesale funding sources like borrowed funds.

Home Equity Delinquency Trend Delinquencies in the home equity line of credit portfolio showed an upward trend due to elevated prime-indexed rates.

Outlook

Managing Interest Rate Risk Strategy includes maintaining adjustable-rate loans and utilizing interest rate swaps to convert short-term funding to fixed rates.

Future Capital Deployment Plans include continued stock repurchases and dividend payments, supported by strong capital levels exceeding regulatory minimums.

Adapting to New Accounting Management is evaluating ASU 2023-09 (Income Tax Disclosures) effective October 2025, requiring tabular rate reconciliation.

Pension Plan Termination The defined benefit pension plan termination is expected in 2026, with settlement charges anticipated in the second half of calendar year 2026.

Peer Comparison

Revenue (TTM)

MTB

$12.31B

-8.2%

SNV

$3.33B

-0.6%

CADE

$2.91B

+0.1%

Gross Margin (Latest Quarter)

SNV

96.5%

+38.9pp

TBBK

75.6%

+0.0pp

EBC

74.2%

+6.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
MTB	$31.23B	11.6	9.9%	6.1%
CADE	$7.85B	14.7	9.1%	4.1%
SNV	$6.95B	8.7	14.5%	5.1%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

2.2%

Moderate Growth

4Q Net Income CAGR

1.9%

Profitability Slowly Improving

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:Apr 28, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data