secwatch.observer — SEC 8-K summary
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Issuer:     TFS Financial CORP (TFSL)
CIK:        0001381668
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001381668-23-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TFS Financial Q3 net income $17.6M; loan portfolio grows $320M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1381668/000138166823000060/0001381668-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1381668/000138166823000060/tfsl-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001381668-23-000060

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