earnings
confidence high
sentiment positive
materiality 0.70
TFS Financial reports Q1 net income $22.4M, up 23% sequentially; net interest margin 1.66%
TFS Financial CORP
2025-Q1 EPS reported
$0.08
- Net income of $22.4M for Dec 31, 2024 quarter, up from $18.2M in Sep 30, 2024 quarter and $20.7M a year ago.
- Net interest income $68.3M, down 0.58% sequentially and 1.16% YoY; net interest margin 1.66% vs 1.67% prior quarter.
- Release of provision for credit losses $1.5M vs $1.0M provision prior quarter and $1.0M release year ago.
- Total assets $17.06B; deposits $10.21B; Tier 1 leverage ratio 10.89%, all capital ratios 'well capitalized'.
- Quarterly dividend $0.2825 per share; MHC waived receipt on ~81% of shares, allowing other shareholders full benefit.