earnings
confidence high
sentiment positive
materiality 0.65
TFS Financial Q3 net income $17.6M; loan portfolio grows $320M
TFS Financial CORP
2023-Q3 EPS reported
$0.20
- Net income of $17.6M for quarter ended June 30, 2023, up from $15.9M in prior quarter.
- Net interest income $68.8M; interest rate spread 1.50%, net interest margin 1.75%.
- Loans held for investment increased $320.4M to $14.88B; residential mortgage originations $490M at 5.69% avg. yield.
- Total deposits up $66M to $9.07B; quarterly dividend of $0.2825 per share paid.
- Tier 1 leverage ratio 11.18%, well above well-capitalized requirements; year-to-date net income $55.7M.