TFS Financial (NASDAQ:TFSL) Announces Earnings Results

TFS Financial (NASDAQ:TFSLGet Free Report) posted its quarterly earnings data on Wednesday. The bank reported $0.06 EPS for the quarter, hitting analysts’ consensus estimates of $0.06, RTT News reports. TFS Financial had a return on equity of 4.25% and a net margin of 10.97%. The business had revenue of $194.94 million for the quarter. During the same quarter in the previous year, the firm posted $0.07 earnings per share.

TFS Financial Stock Performance

Shares of TFSL traded down $0.25 on Thursday, reaching $12.98. 82,882 shares of the stock traded hands, compared to its average volume of 261,157. TFS Financial has a 12 month low of $11.70 and a 12 month high of $15.25. The company has a debt-to-equity ratio of 2.52, a current ratio of 1.55 and a quick ratio of 1.55. The stock’s 50-day moving average price is $13.04 and its 200-day moving average price is $12.92. The firm has a market cap of $3.64 billion, a price-to-earnings ratio of 48.19 and a beta of 0.68.

TFS Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 10th were given a $0.2825 dividend. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $1.13 annualized dividend and a dividend yield of 8.71%. TFS Financial’s dividend payout ratio is 418.52%.

Insider Activity at TFS Financial

In other news, CEO Marc A. Stefanski sold 20,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $12.82, for a total value of $256,400.00. Following the sale, the chief executive officer now owns 37,150 shares of the company’s stock, valued at approximately $476,263. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Meredith S. Weil sold 6,500 shares of TFS Financial stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $13.09, for a total value of $85,085.00. Following the completion of the sale, the chief financial officer now directly owns 91,216 shares in the company, valued at $1,194,017.44. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Marc A. Stefanski sold 20,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $12.82, for a total transaction of $256,400.00. Following the transaction, the chief executive officer now owns 37,150 shares in the company, valued at approximately $476,263. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 42,500 shares of company stock valued at $546,605 over the last quarter. 1.13% of the stock is owned by company insiders.

TFS Financial Company Profile

(Get Free Report)

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.

See Also

Earnings History for TFS Financial (NASDAQ:TFSL)

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