10-Q · August 7, 2025
TFS reported quarterly revenue of $82,042,000 and diluted EPS of $0.08 for the three months ended June 30, 2025, with net income of $21,513,000. Net interest income rose to $74,994,000 while provision for credit losses…
Earnings analysis · 10-Q
TFSL earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
TFS Financial Corporation reported a positive Q2 FY 2026 with net income increasing to $23.2 million, up 10.5% year-over-year. Revenue showed a slight improvement to $85.2 million, fueled by higher net interest income…
Read full summary
TFS Financial Corporation reported a positive Q2 FY 2026 with net income increasing to $23.2 million, up 10.5% year-over-year. Revenue showed a slight improvement to $85.2 million, fueled by higher net interest income from robust loan performance, despite a slight drop in deposit levels and increased operational expenses.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.08
What stood out
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Net Income Increases 10.5% YOY
Net income rose to $23.2 million for the quarter, compared to $21.0 million the prior year.
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Revenue Surpasses Estimates
Reported revenue was $85.2 million, exceeding the estimate of $84.8 million.
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Improved Net Interest Income
Net interest income increased to $77.8 million, up from $72.0 million YOY.
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Reduced Provision for Credit Losses
No credit loss provision was recorded this quarter, in contrast to a $1.5 million release last year.
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Robust Loan Growth
Loans held for investment increased by $79.0 million to $15.74 billion compared to September 2025.
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Improvement in Operational Liquidity
Cash and cash equivalents increased 1.8% to $437.3 million from September 2025.
What to watch
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Decrease in Deposits
Total deposits declined by $259.6 million, or 2.5%, to $10.19 billion.
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Economic Uncertainty Impact
Ongoing inflation and interest rate volatility may impact future profitability and loan performance.
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Increased Non-Interest Expenses
Non-interest expenses rose 8.4% to $55.4 million, driven by higher salaries and operating costs.
Management's outlook
Outlook deferred to earnings press release / call.
Earlier filings 4
10-K · November 22, 2024
TFS Financial (TFSL) presents a balance-sheet-heavy franchise: at September 30, 2024 the company reported shareholders’ equity equal to 10.9% of total assets and an average liquidity ratio of 5.95% for the fiscal year…
10-Q · February 8, 2024
TFS reported quarter ended December 31, 2023 with total revenue (net interest income + non-interest) of $75,407,000 and diluted EPS of $0.07. Revenue and net income declined modestly vs. the year-ago quarter (revenue…
10-K · November 22, 2022
TFS Financial (TFSL) presents continued balance-sheet growth and strong capitalization: total loans receivable increased to $14,352,014 (dollars in thousands) at September 30, 2022 from $12,576,665 at September 30,…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.