---
schema_version: "secwatch.filing_event.v1"
accession: "0001381668-23-000087"
form_type: "8-K"
ticker: "TFSL"
cik: "0001381668"
company_name: "TFS Financial CORP"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:18:02.827523+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TFS Financial Q4 net $19.5M, FY $75.3M; CFO Mulhern shifts to Innovation Officer, Weil named CFO

## Summary
- Q4 net income $19.5M (+$1.9M QoQ); FY net income $75.3M vs $74.6M YoY.
- Leadership: Timothy Mulhern appointed Chief Innovation Officer; Meredith Weil appointed CFO and Secretary, effective Jan 1, 2024.
- Q4: $540M new mortgage loans (avg yield 6.32%); deposits +$381M.
- FY2023: Tier 1 leverage ratio 10.96%; total assets $16.92B (+7% YoY).
- Quarterly dividend $0.2825/share; MHC dividend waiver approved through July 2024, $0.8475 remaining.

## SEC filing metadata
- accession: 0001381668-23-000087
- form_type: 8-K
- ticker: TFSL
- cik: 0001381668
- company_name: TFS Financial CORP
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1381668/000138166823000087/0001381668-23-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1381668/000138166823000087/tfsl-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001381668-23-000087
- JSON: https://secwatch.observer/filing/0001381668-23-000087.json
- Plain text: https://secwatch.observer/filing/0001381668-23-000087.txt

## Key facts
- Earnings Releases
  TFS Financial CORP reported the quarter ended September 30, 2023 results: net income $19.5 million.
  - Period: the quarter ended September 30, 2023
  - Net income: $19.5 million
  - Result: reported results
  source text: On October 26, 2023, TFS Financial Corporation (the "Company"), the holding company for Third Federal Savings and Loan Association of Cleveland (the "Association"), issued a press release announcing its operating results for the three months and fiscal year ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1381668/000138166823000087/0001381668-23-000087-index.htm
- Earnings Releases
  TFS Financial CORP reported the fiscal year ended September 30, 2023 results: net income $75.3 million.
  - Period: the fiscal year ended September 30, 2023
  - Net income: $75.3 million
  - Result: reported results
  source text: The Company reported net income of $75.3 million for the fiscal year ended September 30, 2023 compared to net income of $74.6 million for the fiscal year ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1381668/000138166823000087/0001381668-23-000087-index.htm
- Executive change
  Meredith S. Weil was appointed as Chief Financial Officer and Secretary at TFS Financial CORP.
  - Action: appointed
  - Role: Chief Financial Officer and Secretary
  source text: Additionally, the Board appointed Meredith S. Weil as the Company’s Chief Financial Officer and Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1381668/000138166823000087/0001381668-23-000087-index.htm
- Executive change
  Timothy W. Mulhern was appointed as Chief Innovation Officer of the Association and Vice President of the Company at TFS Financial CORP.
  - Action: appointed
  - Role: Chief Innovation Officer of the Association and Vice President of the Company
  source text: The Board appointed Timothy W. Mulhern, who currently serves as the Company’s Chief Financial Officer, to the roles of Chief Innovation Officer of the Association and Vice President of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1381668/000138166823000087/0001381668-23-000087-index.htm

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