---
schema_version: "secwatch.filing_event.v1"
accession: "0001381668-21-000076"
form_type: "8-K"
ticker: "TFSL"
cik: "0001381668"
company_name: "TFS Financial CORP"
filed_at: "2021-07-29T23:59:59+00:00"
generated_at: "2026-06-30T00:54:05.672972+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TFS Financial Q3 net income $16M vs $26.8M YoY; CFO Huml to retire Jan 2022

## Summary
- Net income of $16.0M for Q3 fiscal 2021 vs $26.8M in prior year; nine-month net income $64.0M vs $69.7M.
- First mortgage originations $845M in quarter and $2.91B year-to-date; net gain on loan sales fell to $3.4M from $10.8M.
- Net interest income $57.1M (quarter) vs $62.9M; net interest margin 1.63% vs 1.74%.
- CFO Paul J. Huml to retire in January 2022; Timothy W. Mulhern, internal since 2003, to succeed as CFO.
- MHC members approved dividend waiver through July 2022; quarterly dividend maintained at $0.28/share.

## SEC filing metadata
- accession: 0001381668-21-000076
- form_type: 8-K
- ticker: TFSL
- cik: 0001381668
- company_name: TFS Financial CORP
- filed_at: 2021-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1381668/000138166821000076/0001381668-21-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1381668/000138166821000076/tfsl-20210729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001381668-21-000076
- JSON: https://secwatch.observer/filing/0001381668-21-000076.json
- Plain text: https://secwatch.observer/filing/0001381668-21-000076.txt

## Key facts
- Executive change
  Paul J. Huml departed as Chief Financial Officer at TFS Financial CORP.
  - Action: retiring
  - Role: Chief Financial Officer
  source text: Paul J. Huml, the Chief Financial Officer of the Company, announced on July 29, 2021, that he will be retiring from employment in January 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1381668/000138166821000076/0001381668-21-000076-index.htm
- Executive change
  Timothy W. Mulhern was appointed as Chief Financial Officer at TFS Financial CORP.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Timothy W. Mulhern, 55, who has been with the Association since 2003 and has served in various leadership positions, including Director of Internal Audit, Chief Credit Officer, and as a manager in the information technology, loan servicing, deposit operations, and most recently in the finance area, will become the new Chief Financial Officer at that time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1381668/000138166821000076/0001381668-21-000076-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.