TFS Financial (NASDAQ:TFSL) Issues Quarterly Earnings Results

TFS Financial (NASDAQ:TFSL) released its quarterly earnings results on Tuesday. 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 4.29% and a net margin of 10.58%.

TFS Financial Trading Down 0.1 %

TFS Financial stock opened at $13.71 on Thursday. The firm has a 50 day simple moving average of $12.97 and a 200-day simple moving average of $13.17. TFS Financial has a 12-month low of $11.70 and a 12-month high of $14.99. The stock has a market capitalization of $3.85 billion, a PE ratio of 48.28 and a beta of 0.72. The company has a debt-to-equity ratio of 2.57, a current ratio of 1.54 and a quick ratio of 1.54.

TFS Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd were issued a $0.2825 dividend. This represents a $1.13 annualized dividend and a dividend yield of 8.25%. The ex-dividend date of this dividend was Tuesday, December 3rd. TFS Financial’s dividend payout ratio (DPR) is presently 403.57%.

Wall Street Analysts Forecast Growth

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

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.