TFS Financial (NASDAQ:TFSL) Posts Earnings Results, Meets Expectations

TFS Financial (NASDAQ:TFSL) released its quarterly earnings data on Wednesday. The bank reported $0.06 earnings per share (EPS) for the quarter, meeting 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 during the quarter. During the same quarter in the prior year, the firm earned $0.07 EPS.

TFS Financial Stock Performance

TFSL stock traded down $0.25 during trading on Thursday, reaching $12.98. 82,882 shares of the company’s stock were exchanged, compared to its average volume of 261,157. The firm has a market cap of $3.64 billion, a PE ratio of 48.19 and a beta of 0.68. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 2.52. TFS Financial has a 1-year low of $11.70 and a 1-year high of $15.25. The company’s fifty day moving average price is $13.04 and its 200-day moving average price is $12.92.

TFS Financial Dividend Announcement

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

Insider Activity at TFS Financial

In other news, CFO Meredith S. Weil sold 6,500 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $13.09, for a total value of $85,085.00. Following the completion of the transaction, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other TFS Financial news, CEO Marc A. Stefanski sold 20,000 shares of TFS Financial stock in a transaction dated Tuesday, September 10th. The stock was 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 of the company’s stock, valued at $476,263. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Meredith S. Weil sold 6,500 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $13.09, for a total transaction of $85,085.00. Following the transaction, the chief financial officer now owns 91,216 shares in the company, valued at approximately $1,194,017.44. This represents 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 worth $546,605 over the last ninety days. 1.13% of the stock is currently owned by corporate insiders.

About TFS Financial

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.