TFS Financial (TFSL) Announces Quarterly Earnings Results

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TFS Financial (NASDAQ:TFSL) issued its earnings results on Monday. The bank reported $0.08 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.08, MarketWatch Earnings reports. TFS Financial had a return on equity of 5.33% and a net margin of 19.03%.

Shares of NASDAQ:TFSL opened at $14.84 on Tuesday. The firm has a market cap of $4.10 billion, a PE ratio of 46.38 and a beta of 0.29. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.54 and a quick ratio of 1.54. TFS Financial has a 52-week low of $14.19 and a 52-week high of $16.62.

Several research analysts have commented on the company. Zacks Investment Research downgraded TFS Financial from a “hold” rating to a “sell” rating in a research note on Thursday, August 9th. BidaskClub cut shares of TFS Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, July 11th. Finally, Sandler O’Neill assumed coverage on shares of TFS Financial in a research report on Friday, September 21st. They set a “buy” rating and a $18.00 price objective for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $18.00.

In other news, Chairman Marc A. Stefanski sold 2,570 shares of the company’s stock in a transaction on Wednesday, August 22nd. The shares were sold at an average price of $15.44, for a total transaction of $39,680.80. Following the completion of the transaction, the chairman now directly owns 87,311 shares in the company, valued at $1,348,081.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.60% of the stock is currently owned by corporate insiders.

TFS Financial Company Profile

TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. Its deposit products include savings accounts, checking accounts, certificate of deposit accounts, individual retirement accounts, and other qualified plan accounts. 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.

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Earnings History for TFS Financial (NASDAQ:TFSL)

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