TFS Financial Q2 net income $20.7M flat QoQ; NIM expands to 1.71%

TFS Financial CORP

2024-Q2 EPS reported $0.15

Net income of $20.7M for Q2 ended March 31, 2024, unchanged from prior quarter.
Net interest income rose 3% QoQ to $71.4M; net interest margin of 1.71% vs 1.68%.
Total assets $17.02B; loans held for investment $15.15B, down slightly.
Deposits grew $485.8M YTD to $9.94B; retail CDs up $868.4M offsetting other outflows.
Dividend maintained at $0.2825/quarter; no stock repurchases in H1 2024.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.4

TFS Financial CORP reported financial results for the quarter and six months ended March 31, 2024.

Period: the quarter and six months ended March 31, 2024
Result: reported results

Exact text from the filing

On April 30, 2024 , 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 March 31, 2024.

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Source: SEC EDGAR

accession 0001381668-24-000073

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