earnings
confidence high
sentiment neutral
materiality 0.60
TFS Financial Q3 net income $20.0M; nine-month net income +10% YoY
TFS Financial CORP
2024-Q3 EPS reported
$0.22
- Net income $20.0M for Q3 ended June 30, 2024 ($20.7M prior quarter); nine-month net income $61.4M vs $55.7M YoY.
- Net interest income $69.3M, down 3% QoQ; net interest margin 1.67% vs 1.71%.
- Retail deposits grew 6% in Q3 to $10.03B; certificates of deposit increased $226M.
- Loan originations of $2.2B at 7.31% average yield; home equity portfolio +$269M, mortgage loans -$225M.
- Quarterly dividend $0.2825/share maintained; MHC dividend waiver approved through July 2025 by member vote.