For Q1 FY2019 ended December 31, 2018, TFS Financial reported revenue of $454,000, up 80.9% year-over-year. Net income was $23.2 million, a 10.6% increase, and diluted EPS was $0.08, up 14.3%.
•Revenue rose 80.9% YoY to $454,000.
•Net income increased 10.6% to $23.2 million.
•Diluted EPS grew 14.3% to $0.08.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Founded 1938Cleveland, OhioSubsidiary of Third Federal Savings and Loan Association of Cleveland, MHC
TFS Financial Corporation, through its subsidiaries provides retail consumer banking services in the United States. The company offers deposit products, including savings, money market, checking, individual retirement, and qualified plan accounts, as well as certificates of deposit
Residential real estate mortgage loans, residential construction loans, purchase mortgages, and home equity loans and lines of credit purchase mortgages and first mortgage refinance loans.
Additionally, it offers escrow and settlement services. Founded in 1938, TFS Financial is headquartered in Cleveland, Ohio. TFS Financial Corporation operates as a subsidiary of Third Federal Savings and Loan Association of Cleveland, MHC.
TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. The company offers a range of deposit products including savings accounts, money market accounts, checking accounts, individual retirement accounts, and qualified plan accounts, as well as certificates of deposit. On the lending side, it provides residential real estate mortgage loans, residential construction loans, purchase mortgages, home equity loans and lines of credit, and first mortgage refinance loans. Additionally, TFS Financial offers escrow and settlement services. The company operates as a subsidiary of Third Federal Savings and Loan Association of Cleveland, MHC.
Where is TFS Financial Corporation listed and in what currency?
TFS Financial Corporation is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol TFSL. Its shares are traded in U.S. dollars (USD), as the company is based in the United States and its financial reporting is conducted in that currency. The exchange listing provides liquidity and visibility for investors interested in the regional banking sector.
What sector and industry does TFS Financial Corporation belong to?
TFS Financial Corporation operates in the Financial Services sector, specifically within the Banks - Regional industry. This classification indicates that the company is a regional bank, focusing on providing traditional banking services such as deposits and loans to individuals and businesses in its local market area. Regional banks typically serve a specific geographic region rather than operating nationwide, and they often emphasize relationship-based banking and community involvement.
Where is TFS Financial Corporation headquartered and what markets does it serve?
TFS Financial Corporation is headquartered in Cleveland, Ohio, United States. The company serves customers primarily in the United States, as indicated by its country and region designations. Through its subsidiaries, it offers retail consumer banking services, including deposit accounts and residential mortgage lending, to individuals and families. The company's long history, dating back to its founding in 1938, reflects its deep roots in the Ohio community and its commitment to serving local banking needs.
How does TFS Financial Corporation make money?
TFS Financial Corporation generates revenue primarily through its banking operations. It earns net interest income by accepting deposits from customers and using those funds to originate loans, such as residential real estate mortgages, construction loans, home equity lines of credit, and refinance loans. The difference between the interest earned on loans and the interest paid on deposits contributes to its profitability. Additionally, the company earns non-interest income from fees associated with deposit accounts and escrow and settlement services. As a subsidiary of Third Federal Savings and Loan Association of Cleveland, MHC, it benefits from the mutual holding company structure.