---
schema_version: "secwatch.filing_event.v1"
accession: "0001381668-26-000006"
form_type: "8-K"
ticker: "TFSL"
cik: "0001381668"
company_name: "TFS Financial CORP"
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:21:10.831778+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# TFS Financial Q1 net income $22.3M, NII down 2% sequentially; expenses rise on bonuses

## Summary
- Net income $22.3M vs $26.0M prior qtr and $22.4M yr ago; NII $75.7M, down 2.07% q/q, up 10.83% y/y.
- Non-interest expense $56.2M, +$4.2M q/q and +$8.3M y/y, driven by one-time $2.2M associate bonus and higher marketing.
- Provision for credit losses release of $1.0M; total allowance $104.1M or 0.66% of loans; net loan recoveries $0.7M.
- Tier 1 leverage ratio 10.75%; paid $0.2825/sh dividend; repurchased 139,442 shares at avg $13.66 during quarter.

## SEC filing metadata
- accession: 0001381668-26-000006
- form_type: 8-K
- ticker: TFSL
- cik: 0001381668
- company_name: TFS Financial CORP
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1381668/000138166826000006/0001381668-26-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1381668/000138166826000006/tfsl-20260129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001381668-26-000006
- JSON: https://secwatch.observer/filing/0001381668-26-000006.json
- Plain text: https://secwatch.observer/filing/0001381668-26-000006.txt

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