---
schema_version: "secwatch.filing_event.v1"
accession: "0001381668-22-000113"
form_type: "8-K"
ticker: "TFSL"
cik: "0001381668"
company_name: "TFS Financial CORP"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:52:22.081909+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TFS Financial reports FY2022 net income $74.6M, down from $81.0M; loan growth $1.7B

## Summary
- Net income $74.6M ($1.13 annual dividend) vs $81.0M prior year; net interest income up 15% to $267.4M.
- Loan growth $1.7B; total assets $15.79B, up 12%; net interest margin 1.88% vs 1.66%.
- Provision for credit losses $1.0M vs $9.0M release prior year; net loan recoveries $9.7M.
- Borrowed funds up 55% to $4.79B to fund loan growth; deposits essentially flat at $8.92B.
- All capital ratios exceed well-capitalized levels; MHC dividend waiver approved through July 2023.

## SEC filing metadata
- accession: 0001381668-22-000113
- form_type: 8-K
- ticker: TFSL
- cik: 0001381668
- company_name: TFS Financial CORP
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1381668/000138166822000113/0001381668-22-000113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1381668/000138166822000113/tfsl-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001381668-22-000113
- JSON: https://secwatch.observer/filing/0001381668-22-000113.json
- Plain text: https://secwatch.observer/filing/0001381668-22-000113.txt

## Key facts
- Earnings Releases
  TFS Financial CORP reported the three months and fiscal year ended September 30, 2022 results: net income $74.6 million.
  - Period: the three months and fiscal year ended September 30, 2022
  - Net income: $74.6 million
  - Result: reported results
  source text: TFS Financial Corporation (NASDAQ: TFSL) (the "Company"), the holding company for Third Federal Savings and Loan Association of Cleveland (the "Association"), today announced results for the quarter and fiscal year ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1381668/000138166822000113/0001381668-22-000113-index.htm

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