Streetbeat News

TFSL

TFS Financial Corporation

https://www.thirdfederal.com

Industry

Banks - Regional

TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. Its deposit products include savings, money market, checking, individual retirement, and other qualified plan accounts, as well as certificates of deposit. The company also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans. In addition, it offers escrow and settlement services. The company provides its products and services through its main office in Cleveland, Ohio; and 37 full-service branches and 7 loan production offices located throughout the states of Ohio and Florida. The company was founded in 1938 and is headquartered in Cleveland, Ohio. TFS Financial Corporation operates as a subsidiary of Third Federal Savings and Loan Association of Cleveland, MHC.

Open

14.37

Mkt cap

4B

Volume

199K

High

14.44

P/E Ratio

50.89

52-wk high

15.25

Low

14.09

Div yield

0.08

52-wk low

11.70

TFS Financial (NASDAQ:TFSL) reported Q1 earnings of $0.07 per share, surpassing the consensus estimate of $0.06 by 16.67%. However, this represents a 12.5% decrease from the $0.08 per share earned in the same quarter of the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 9:40 pm

Financial stocks are trading higher after the Federal Reserve left interest rates unchanged, with expectations of rate cuts in the years 2024-2026. This has led to overall market strength and optimism among investors in the financial sector.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 8:13 pm

TFS Financial (NASDAQ:TFSL) is distributing a dividend of $0.28 per share with an annualized yield of 8.51%. The company has increased its dividend per share from $1.04 in 2019 to $1.13 in 2022, showing a commitment to shareholder value. However, earnings per share have decreased from $0.28 in 2019 to $0.27 in 2022, raising concerns about the sustainability of future dividends.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 3:05 pm

Cathay General (NASDAQ:CATY) is distributing a dividend of $0.34 per share today, with an annualized yield of 3.62%. The company has shown a positive trend in dividend per share growth from $1.24 in 2019 to $1.36 in 2022, and earnings per share growth from $3.44 to $4.50 over the same period. This indicates a strong financial health and commitment to shareholder value. TFS Financial (NASDAQ:TFSL) has the highest annualized dividend yield in the industry at 8.40%.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 3:05 pm

TFS Financial (NASDAQ:TFSL) has announced a quarterly dividend of 28.25 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday's session will be eligible for the payout, which will be distributed on December 13, 2023. The stock is expected to open 28.25 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

November 23, 2023 | 2:45 pm

TFS Financial (NASDAQ:TFSL) reported Q4 earnings of $0.07 per share, beating the analyst consensus estimate of $0.05 by 40%. However, this is a 22.22% decrease from last year's earnings. The company also reported quarterly sales of $75.46 million, beating the analyst consensus estimate of $66.87 million by 12.85%, but this is a 5.54% decrease from last year's sales.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 9:07 pm

TFS Financial (NASDAQ:TFSL) is set to distribute a dividend payout of $0.28 per share, resulting in an annualized dividend yield of 8.32%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $1.04 to $1.13. However, the company's earnings per share have decreased from $0.28 in 2019 to $0.27 in 2022, which may impact future dividend payouts.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 3:05 pm

TFS Financial (NASDAQ:TFSL) has announced a quarterly dividend of 28.25 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on September 26, 2023.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 2:45 pm

TFS Financial (NASDAQ:TFSL) reported Q3 earnings of $0.06 per share, beating the analyst consensus estimate of $0.04 by 50 percent. This is unchanged from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 9:21 pm

Regional bank stocks have experienced positive price momentum as concerns about the industry's survival and deposit withdrawals have eased. The SPDR S&P Regional Banking ETF (KRE) approached a key resistance level marked by the 50-day moving average for the first time since March. The ETF is still trading approximately 33% below its pre-crisis levels.

Portfolio Pulse from Piero Cingari

May 23, 2023 | 7:59 pm

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