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 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.
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 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 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 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%.
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 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 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.
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.
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 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 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 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 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 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 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