secwatch.observer — SEC 8-K summary
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Issuer:     TFS Financial CORP (TFSL)
CIK:        0001381668
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001381668-23-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TFS Financial reports Q1 net income of $22.2M; net interest income up 30% YoY
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- Net income of $22.2M for quarter ended Dec 31, 2022, up $6.1M YoY.
- Net interest income rose 30% to $75.2M; net interest margin improved to 1.95% from 1.69%.
- Loan growth of $219M; residential core mortgages up $150.8M, home equity up $65.6M.
- Tier 1 leverage ratio of 11.38%, more than double well-capitalized requirement; dividend $0.2825 per share paid.
- Deposits increased $93.3M to $9.01B; 315,000 shares repurchased at avg $13.70 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1381668/000138166823000016/0001381668-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1381668/000138166823000016/tfsl-20230126.htm
  HTML page:      https://secwatch.observer/filing/0001381668-23-000016

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