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TFS Financial Corporation

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
$3.93B
P/E (TTM)
42.9
15.3
Dividend Yield
8.1%
52W High
$14.73
52W Low
$11.29
52W Range
79%
Rank48Top 50.7%
3.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q4 2025 Data

Revenue

$207.21M+6.30%
4-Quarter Trend

EPS

$0.09+43.15%
4-Quarter Trend

FCF

-$13.25M-77.70%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income Increased Substantially Net income reached $91.0M, up $11.4M year-over-year, driven by higher net interest income and loan growth across the portfolio.
Net Interest Margin Improved NIM rose 7 basis points to 1.76% in FY2025; interest spread increased to 1.45%, reflecting successful management of funding costs.
Capital Ratios Remain Very Strong Association's Total Capital ratio stood at 17.40%, well exceeding 'Well Capitalized' minimums despite a slight decrease from prior year.
Credit Losses Resulted in Net Recovery The company recorded $4.0M in net recoveries for the year, indicating charge-offs were exceeded by recoveries across the loan portfolio.

Risk Factors

Economic Downturn Risks Credit Quality Worsening general economic conditions, unemployment, and housing market weakness could increase defaults and negatively affect loan portfolio credit quality.
Interest Rate Risk Pressures NIM Liabilities reprice faster than long-term fixed-rate assets, creating ongoing pressure on net interest income if funding costs rise unexpectedly.
Higher Cost of Funds from Deposits Increased reliance on Certificates of Deposit (81.1% of total deposits) raises the overall cost of funds, impacting profitability margins.
Cybersecurity and System Implementation Risks Reliance on information systems exposes the firm to cyber-attacks; ongoing core banking system upgrade requires significant personnel and financial resources.

Outlook

Core Banking System Modernization Implementation of the new core banking system is proceeding, expected to go live in July 2026 to improve efficiency and customer experience.
Managing Deposit Cost Structure Management will focus on competitive pricing to retain stable core deposits while managing the higher cost associated with increased Certificate of Deposit balances.
Continued Focus on Risk Management Maintaining robust risk management practices across credit, liquidity, and operational disciplines remains critical amid economic uncertainty and regulatory scrutiny.

Peer Comparison

Revenue (TTM)

M&T Bank CorporationMTB
$12.32B
-7.8%
Synovus Financial Corp.SNV
$3.33B
-0.6%
Cadence BankCADE
$2.67B
+12.5%

Gross Margin (Latest Quarter)

The Bancorp, Inc.TBBK
131.0%
+59.8pp
Cadence BankCADE
100.0%
+40.7pp
Inter & Co, Inc.INTR
100.0%
+52.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
MTB$31.37B12.09.6%7.1%
CADE$7.94B15.19.1%4.3%
SNV$7.29B9.214.5%5.1%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.3%
Moderate Growth
4Q Net Income CAGR
5.1%
Profitability Improving
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Next earnings:Jan 29, 2026
|
EPS:$0.09
|
Revenue:$84.97M
Reports
All Years

  • Form 10-K - FY 2025

    Period End: Sep 30, 2025|Filed: Nov 25, 2025|
    Revenue: $791.96M+4.4%
    |
    EPS: $0.33+17.9%
    Beat

  • Form 10-Q - Q3 2025

    Period End: Jun 30, 2025|Filed: Aug 7, 2025|
    Revenue: $198.46M+3.8%
    |
    EPS: $0.08+7.7%
    Miss

  • Form 10-Q - Q2 2025

    Period End: Mar 31, 2025|Filed: May 8, 2025|
    Revenue: $193.02M+2.0%
    |
    EPS: $0.07+5.9%
    Beat

  • Form 10-Q - Q1 2025

    Period End: Dec 31, 2024|Filed: Feb 6, 2025|
    Revenue: $193.27M+5.3%
    |
    EPS: $0.08+13.1%
    Beat

  • Form 10-K - FY 2024

    Period End: Sep 30, 2024|Filed: Nov 22, 2024|
    Revenue: $758.78M+19.8%
    |
    EPS: $0.28+7.7%
    Beat

  • Form 10-Q - Q3 2024

    Period End: Jun 30, 2024|Filed: Aug 8, 2024|
    Revenue: $191.15M+17.6%
    |
    EPS: $0.07+17.5%
    Beat

  • Form 10-Q - Q2 2024

    Period End: Mar 31, 2024|Filed: May 9, 2024|
    Revenue: $189.22M+23.8%
    |
    EPS: $0.07+16.7%
    Beat

  • Form 10-Q/A - Q1 2024

    Period End: Dec 31, 2023|Filed: Feb 13, 2024|
    Revenue: $183.47M+27.3%
    |
    EPS: $0.07-12.5%
    Beat