Highest-materiality recent filing
MHC members approve dividend waiver of up to $1.27/share; Fed non-objection pending
Members voted 97% in favor, representing 59% of total eligible votes cast.
TFS Financial declares $0.2825 dividend; director Weil retires, board reduced to 11
Director Meredith S. Weil retired effective May 28, 2026; position not filled.
MHC special meeting July 7, 2026 to vote on dividend waiver up to $1.27/share
MHC (81% owner) seeks member approval to waive quarterly dividends totaling up to $1.27/share over 12 months after vote.
TFS Financial Q2 net income rises 4% to $23.2M; record $77.8M net interest income
Net interest income increased 2.8% to a record $77.8M vs $75.7M in prior quarter, driven by ARM resets and deposit cost management.
CFO Meredith Weil to retire Jan 2027; James LaRocca named successor
Meredith S. Weil to retire from CFO and Board roles effective January 2027; she served since 2024 as CFO and on Board since 2014.
TFS Financial Corp declares $0.2825 quarterly dividend; mutual holding company waives its 81% share
Quarterly cash dividend of $0.2825 per share declared; payable March 25, 2026 to holders of record March 11, 2026.
Four directors elected to three-year terms: Mulligan, Ozan, Stefanski, Weir; each received > 256M votes for.
TFS Financial corrects diluted share count; Q1 net income $22.3M flat YoY
Correction: diluted weighted avg shares for Q1 FY2026 changed to 279,908,875 from 283,302,227 (amended 8-K/A filed Feb 5, 2026).
TFS Financial Q1 net income $22.3M, NII down 2% sequentially; expenses rise on bonuses
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.
CEO Marc Stefanski receives $7.7M special retention award of 538K equity units vesting in 2030
215,200 RSUs ($3.1M) and 322,800 PSUs ($4.6M) granted Dec 18, 2025 to CEO Marc Stefanski.
TFS Financial declares $0.2825 quarterly dividend; MHC waives receipt on 81% of shares
Quarterly dividend of $0.2825 per share declared, payable Dec 16, 2025 to shareholders of record Dec 2, 2025.
TFS Financial reports record fiscal 2025 net income of $91M, up 14.3% YoY
Q4 net income $26.0M (+20.9% vs Q3); net interest margin 1.84%; dividend $0.2825/share.
TFS Financial declares $0.2825 dividend; MHC waives receipt; promotes Rubino to COO, Carfagna to CIO
Cash dividend of $0.2825 per share declared, payable Sept 24, 2025 to shareholders of record Sept 10, 2025.
TFS Financial Q3 net income $21.5M; net interest margin rises to 1.81%
Net income of $21.5M for June 30, 2025 quarter vs. $21.0M prior quarter; net interest income up 4.2% to $75.0M.
MHC members approve dividend waiver of up to $1.13/share through July 2026
97% of votes cast were in favor; 59% of total eligible votes participated.
TFS Financial declares $0.2825 quarterly dividend; MHC waives its share
Cash dividend of $0.2825 per share, payable June 24, 2025 to holders of record June 10, 2025.
MHC to seek member vote on dividend waiver up to $1.13/share for next 12 months
Special meeting of MHC members on July 8, 2025 to vote on waiving dividends on MHC's 80.9% stake.
TFS Financial Q2 net income $21M; NIM improves to 1.75%; H1 net income up 5% to $43.4M
Q2 net income $21.0M (vs $22.4M prior Q); H1 net income $43.4M vs $41.4M YoY, up 5%.
Five directors elected: Terrence L. Bauer (2-year term), Martin J. Cohen, Robert A. Fiala, John P. Ringenbach, Ashley H. Williams (3-year terms).
TFS Financial declares $0.2825 quarterly dividend; MHC waives receipt on 80.9% stake
Quarterly cash dividend of $0.2825 per share declared, payable March 20, 2025 to holders of record March 6, 2025.
TFS Financial reports Q1 net income $22.4M, up 23% sequentially; net interest margin 1.66%
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.
TFS Financial declares $0.2825 quarterly dividend; MHC waives receipt on 80.9% stake
Quarterly cash dividend of $0.2825 per share, payable Dec 17, 2024 to holders of record Dec 3, 2024.
TFS Financial reports FY2024 net income $79.6M (+6% YoY); home equity loans up $855M
Q4 net income $18.2M vs $20.0M in Q3; net interest income $68.7M, down $0.6M.
TFS Financial increases board to 12 members, appoints Terrence L. Bauer
Board of Directors approved Bylaw amendment effective Oct 24, 2024, increasing board size from 11 to 12.
TFS Financial declares $0.2825 quarterly dividend; MHC waives its share
Quarterly cash dividend of $0.2825 per share, payable Sept 24, 2024 to holders of record Sept 10, 2024.
TFS Financial MHC gets Fed non-objection to waive up to $1.13/share dividend through July 2025
Federal Reserve Bank of Cleveland non-objected to MHC waiver of dividends on its 227M shares (80.9% ownership) up to $1.13/share for 12 months ending July 9, 2025.
TFS Financial Q3 net income $20.0M; nine-month net income +10% YoY
Net income $20.0M for Q3 ended June 30, 2024 ($20.7M prior quarter); nine-month net income $61.4M vs $55.7M YoY.
TFSL subsidiary receives 'Satisfactory' CRA rating from OCC for 2020-2022 exam period
Received 'Satisfactory' rating on CRA exam covering Jan 1, 2020–Dec 31, 2022 from OCC.
MHC members approve waiver of dividends up to $1.13/share, pending Fed non-objection
Shareholder MHC (81% owner) authorized to waive dividends up to $1.13 per share for 12 months ending July 2025.
MHC seeks member approval to waive dividends up to $1.13/share for 12 months
MHC (80.9% owner) will hold special meeting on July 9, 2024 to vote on dividend waiver.
TFS Financial declares $0.2825 quarterly dividend; MHC waives receipt on 80.9% stake
Quarterly cash dividend of $0.2825 per share declared, payable June 25, 2024 to shareholders of record June 11, 2024.
TFS Financial Q2 net income $20.7M flat QoQ; NIM expands to 1.71%
Net income of $20.7M for Q2 ended March 31, 2024, unchanged from prior quarter.
TFS Financial declares $0.2825/share quarterly dividend; MHC waives receipt on 80.9% of shares
Cash dividend $0.2825 per share payable March 21, 2024 to holders of record March 7, 2024.
Shareholders elect three directors, approve say-on-pay, ratify auditor at annual meeting
Elected directors Barbara J. Anderson, Anthony J. Asher, and Meredith S. Weil to three-year terms.
TFS Financial posts Q1 net income $20.7M, net interest margin compresses YoY; CRO retiring
Net income $20.7M for Q1 FY2024; down from $22.2M YoY but up from $19.5M prior quarter.
TFS Financial declares $0.2825 quarterly dividend; MHC waives receipt on 81% of shares
Declared $0.2825 per share quarterly cash dividend, payable Dec 13, 2023, record Nov 29, 2023.
TFS Financial Q4 net $19.5M, FY $75.3M; CFO Mulhern shifts to Innovation Officer, Weil named CFO
Q4 net income $19.5M (+$1.9M QoQ); FY net income $75.3M vs $74.6M YoY.
TFS Financial declares $0.2825 quarterly dividend; MHC waives receipt on 81% stake
Quarterly dividend of $0.2825 per share, payable Sept 26, 2023, to holders of record Sept 12, 2023.
TFS Financial Q3 net income $17.6M; loan portfolio grows $320M
Net income of $17.6M for quarter ended June 30, 2023, up from $15.9M in prior quarter.
MHC members approve dividend waiver of up to $1.13/share; Fed approval pending
MHC (81% majority shareholder) members approved waiver of dividends up to $1.13 per share over the next 12 months.
TFS Financial MHC to seek member vote on dividend waiver up to $1.13/share on July 11, 2023
MHC owns 81.0% of TFSL common stock; waiver allows dividends to public shareholders.
TFS Financial declares $0.2825 per share quarterly dividend, payable June 13, 2023
Quarterly cash dividend of $0.2825 per share declared; payable June 13, 2023 to May 30, 2023 record holders.
TFS Financial reports Q2 net income of $15.9M, down 28% from prior quarter
Net income $15.9M for quarter ended Mar 31, 2023, vs $22.2M in Dec 31, 2022 quarter.
TFS Financial annual meeting votes: all director nominees elected, say-on-pay approved
Elected directors Mulligan, Ozan, Stefanski, Weir each to three-year terms; votes ranged from 248M to 260M for.
TFS Financial declares $0.2825 quarterly dividend; MHC waives receipt on 81% of shares
Quarterly cash dividend of $0.2825 per share declared, payable March 21, 2023 to holders of record March 7, 2023.
TFS Financial reports Q1 net income of $22.2M; net interest income up 30% YoY
Net income of $22.2M for quarter ended Dec 31, 2022, up $6.1M YoY.
TFS Financial declares $0.2825 quarterly dividend; majority owner waives receipt
Declared quarterly cash dividend of $0.2825 per share, payable Dec 13, 2022 to holders of record Nov 29, 2022.
TFS Financial reports FY2022 net income $74.6M, down from $81.0M; loan growth $1.7B
Net income $74.6M ($1.13 annual dividend) vs $81.0M prior year; net interest income up 15% to $267.4M.
TFS Financial declares $0.2825 quarterly dividend; MHC waives its share again through June 2023
Dividend $0.2825 per share, payable Sept 20, 2022 to holders of record Sept 6, 2022.
TFS Financial reports Q3 net income $17.1M; loan growth $766M, margin improves
Net income of $17.1M for quarter ended June 30, 2022, up from $15.8M prior quarter.
On May 28, 2026, TFS Financial Corporation (“the Company”) (NASDAQ: TFSL), the holding company for Third Federal Savings and Loan Association of Cleveland (“Third Federal”), announced that Meredith S. Weil will retire from her position as a member of the Board of Directors effective May 28, 2026.
On October 24, 2024, TFS Financial Corporation (the "Company") appointed Terrence L. Bauer to fill the vacant board position created by the Bylaw amendment described below.
Deborah Hand, who has been with the Association since 2008 and currently serves as Chief Credit Officer, will become the new Chief Risk Officer at that time.
Kathleen (Kitty) M. Danckers, the Chief Risk Officer for the Company, announced that she will be retiring from employment in June 2024.
Additionally, the Board appointed Meredith S. Weil as the Company’s Chief Financial Officer and Secretary.
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.
On June 30, 2022, TFS Financial Corporation (the "Company") appointed Daniel F. Weir to fill the vacant board position created by the Bylaw amendment described below.
Ben S. Stefanski III, a director of the Company, has announced his resignation from the Board of Directors effective January 27, 2022.
Paul J. Huml, the Chief Financial Officer of the Company, announced on July 29, 2021, that he will be retiring from employment in January 2022.
Timothy W. Mulhern, 55, who has been with the Association since 2003 and has served in various leadership positions, including Director of Internal Audit, Chief Credit Officer, and as a manager in the information technology, loan servicing, deposit operations, and most recently in the finance area, will become the new Chief Financial Officer at that time.
Max materiality 0.75 · Median 0.50 · Most common event earnings