---
schema_version: "secwatch.filing_event.v1"
accession: "0001381668-22-000014"
form_type: "8-K"
ticker: "TFSL"
cik: "0001381668"
company_name: "TFS Financial CORP"
filed_at: "2022-01-28T23:59:59+00:00"
generated_at: "2026-06-27T14:06:59.395623+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# TFS Financial reports Q1 net income $16.1M; director Ben Stefanski resigns

## Summary
- Net income of $16.1M for quarter ended Dec 31, 2021, vs $17.0M in prior quarter; net interest margin improved to 1.69%.
- Loan originations of $877.1M, up 22% QoQ; total loans grew $165M.
- Paid quarterly dividend of $0.2825 per share; MHC waiver approved through June 2022.
- Director Ben S. Stefanski III resigned effective Jan 27, 2022; position will remain unfilled.
- Net interest income $57.8M (+1% QoQ); negative provision for credit losses of $2.0M.

## SEC filing metadata
- accession: 0001381668-22-000014
- form_type: 8-K
- ticker: TFSL
- cik: 0001381668
- company_name: TFS Financial CORP
- filed_at: 2022-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1381668/000138166822000014/0001381668-22-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1381668/000138166822000014/tfsl-20220127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001381668-22-000014
- JSON: https://secwatch.observer/filing/0001381668-22-000014.json
- Plain text: https://secwatch.observer/filing/0001381668-22-000014.txt

## Key facts
- Executive change
  Ben S. Stefanski III resigned as director at TFS Financial CORP.
  - Action: resigned
  - Role: director
  source text: Ben S. Stefanski III, a director of the Company, has announced his resignation from the Board of Directors effective January 27, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1381668/000138166822000014/0001381668-22-000014-index.htm

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