TFS Financial (NASDAQ:TFSL) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

TFS Financial (NASDAQ:TFSLGet Free Report) released its quarterly earnings results on Thursday. The bank reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02, Zacks reports. TFS Financial had a return on equity of 4.22% and a net margin of 10.49%.

TFS Financial Price Performance

Shares of TFS Financial stock traded up $0.04 during trading hours on Thursday, reaching $12.79. 172,493 shares of the company’s stock were exchanged, compared to its average volume of 267,652. The business has a fifty day moving average of $13.05 and a two-hundred day moving average of $13.18. The company has a market capitalization of $3.59 billion, a P/E ratio of 47.37 and a beta of 0.71. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 2.57. TFS Financial has a 1 year low of $11.70 and a 1 year high of $14.99.

TFS Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were issued a $0.2825 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $1.13 dividend on an annualized basis and a yield of 8.84%. TFS Financial’s payout ratio is currently 418.53%.

Analyst Ratings Changes

Separately, Piper Sandler restated a “neutral” rating and issued a $15.00 price objective on shares of TFS Financial in a research report on Friday, November 22nd.

Read Our Latest Analysis on TFSL

About TFS Financial

(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.

Further Reading

Earnings History for TFS Financial (NASDAQ:TFSL)

Receive News & Ratings for TFS Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TFS Financial and related companies with MarketBeat.com's FREE daily email newsletter.