Company Quick10K Filing
TFS Financial
10-Q 2020-03-31 Filed 2020-05-15
10-Q 2019-12-31 Filed 2020-02-06
10-K 2019-09-30 Filed 2019-11-26
10-Q 2019-06-30 Filed 2019-08-07
10-Q 2019-03-31 Filed 2019-05-08
10-Q 2018-12-31 Filed 2019-02-07
10-K 2018-09-30 Filed 2018-11-27
10-Q 2018-06-30 Filed 2018-08-07
10-Q 2018-03-31 Filed 2018-05-08
10-Q 2017-12-31 Filed 2018-02-08
10-K 2017-09-30 Filed 2017-11-22
10-Q 2017-06-30 Filed 2017-08-07
10-Q 2017-03-31 Filed 2017-05-05
10-Q 2016-12-31 Filed 2017-02-08
10-K 2016-09-30 Filed 2016-11-23
10-Q 2016-06-30 Filed 2016-08-05
10-Q 2016-03-31 Filed 2016-05-06
10-Q 2015-12-31 Filed 2016-02-08
10-K 2015-09-30 Filed 2015-11-25
10-Q 2015-06-30 Filed 2015-08-06
10-Q 2015-03-31 Filed 2015-05-07
10-Q 2014-12-31 Filed 2015-02-06
10-K 2014-09-30 Filed 2014-11-26
10-Q 2014-06-30 Filed 2014-08-07
10-Q 2014-03-31 Filed 2014-05-08
10-Q 2013-12-31 Filed 2014-02-07
10-K 2013-09-30 Filed 2013-11-27
10-Q 2013-06-30 Filed 2013-08-08
10-Q 2013-03-31 Filed 2013-05-09
10-Q 2012-12-31 Filed 2013-02-11
10-K 2012-09-30 Filed 2012-11-29
10-Q 2012-06-30 Filed 2012-08-09
10-Q 2012-03-31 Filed 2012-05-10
10-Q 2011-12-31 Filed 2012-02-09
10-K 2011-09-30 Filed 2011-11-29
10-Q 2011-06-30 Filed 2011-08-09
10-Q 2011-03-31 Filed 2011-05-09
10-Q 2010-12-31 Filed 2011-02-09
10-K 2010-09-30 Filed 2010-11-24
10-Q 2010-06-30 Filed 2010-08-06
10-Q 2010-03-31 Filed 2010-05-06
10-Q 2009-12-31 Filed 2010-02-05
8-K 2020-06-01 Other Events, Exhibits
8-K 2020-05-28 Other Events
8-K 2020-05-11 Other Events
8-K 2020-04-30 Earnings, Exhibits
8-K 2020-02-27 Other Events
8-K 2020-02-27
8-K 2020-01-30 Earnings, Officers, Exhibits
8-K 2019-11-21 Other Events
8-K 2019-10-30 Earnings, Exhibits
8-K 2019-08-22 Other Events
8-K 2019-07-30 Earnings, Exhibits
8-K 2019-07-16 Other Events
8-K 2019-06-03 Other Events, Exhibits
8-K 2019-05-30 Other Events
8-K 2019-04-30 Earnings, Exhibits
8-K 2019-02-21 Other Events
8-K 2019-02-21
8-K 2019-01-30 Earnings, Exhibits
8-K 2018-11-14 Other Events
8-K 2018-10-29 Earnings, Officers, Amend Bylaw, Exhibits
8-K 2018-09-28 Officers
8-K 2018-08-30 Other Events
8-K 2018-07-30 Earnings, Exhibits
8-K 2018-07-11 Other Events
8-K 2018-05-31 Other Events
8-K 2018-05-29 Other Events, Exhibits
8-K 2018-04-30 Earnings, Officers, Exhibits
8-K 2018-02-22
8-K 2018-02-22 Other Events
8-K 2018-01-30 Earnings, Exhibits

TFS Financial Financials

TFSL Metrics, Comps, Filings

Quarterly | Annual

Business

TFS Financial Corporation ("we," "us," or "our") was organized in 1997 as the mid-tier stock holding company for the Association. We completed our initial public stock offering in 2007 and issued 100,199,618 shares of common stock, or 30.16% of our post-offering outstanding common stock, to subscribers in the offering. Additionally, at the time of the public offering, 5,000,000 shares of our common stock, or 1.50% of our outstanding shares, were issued to the newly formed charitable foundation, Third Federal Foundation. Third Federal Savings, MHC, our mutual holding company parent, holds the remainder of our outstanding common stock (227,119,132 shares). Net proceeds from our initial public stock offering were approximately $886 million and reflected the costs we incurred in completing the offering as well as a $106.5 million loan to the ESOP related to its acquisition of shares in the initial public stock offering.

Our ownership of the Association remains our primary business activity.

We also operate Third Capital, Inc. as a wholly-owned subsidiary. See Third Capital, Inc. below.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
People's United Financial (PBCT) 6,190 5.7 1% 52,072 44,941 0 0 516 1,110 6,312
TFS Financial (TFSL) 5,053 0% 14.8 1% 14,542 12,846 0 0 80 323 4,778
Umpqua Holdings (UMPQ) 3,702 3.6 1% 28,931 24,641 0 0 351 705 2,511
BankUnited (BKU) 3,274 0% 3.9 1% 32,951 30,041 9 0 276 893 3,448
Flagstar Bancorp (FBC) 2,156 0% 4.9 1% 22,048 20,314 858 0 214 463 2,264
Capitol Federal Financial (CFFN) 1,956 0% 7.0 1% 9,340 8,004 17 0 94 244 1,702
LegacyTexas Financial (LTXB) 1,892 5.6 2% 9,936 8,793 0 99 157 289 1,629
Columbia Financial (CLBK) 1,806 0% 18.5 1% 7,070 6,078 3 0 56 155 2,877
Axos Financial (AX) 1,703 0% 2.5 1% 11,771 10,655 32 0 159 405 1,000
Provident Financial Services (PFS) 1,620 0% 5.8 1% 9,918 8,521 31 0 122 235 1,359
Meta Financial Group (CASH) 1,262 0% 7.5 2% 6,183 5,339 487 0 100 179 1,352
Oceanfirst Financial (OCFC) 1,193 5.9 1% 8,135 6,991 0 0 92 175 1,037
Brookline Bancorp (BRKL) 1,187 9.5 1% 7,878 6,946 0 0 88 209 1,995
Kearny Financial (KRNY) 1,149 7.1 1% 6,641 5,530 0 0 42 144 1,020
Beneficial Bancorp (BNCL) 1,034 2.6 1% 5,807 4,757 0 0 34 69 181
Northfield Bancorp (NFBK) 794 0% 8.8 1% 4,808 4,118 4 0 30 82 724
Dime Community Bancshares (DCOM) 775 0% 5.3 1% 6,425 5,816 4 0 42 124 662
First Defiance Financial (FDEF) 575 5.2 1% 3,351 2,933 0 0 49 90 463
Access National (ANCX) 571 0% 8.5 1% 3,021 2,579 9 0 27 53 446
Sterling Bancorp (SBT) 518 2.7 2% 3,322 2,971 0 0 59 136 371

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash950744342189278295254342318308334284297286317268256181276221224155160159201231326241265268324271259270287259271275
Accounts Receivable
Inventory
PP&E13814314257143565656142596061149605958154636463159636262162
Assets10,94011,07611,06510,88510,87810,89311,05811,28711,49511,51811,38011,12211,13711,26911,38111,53411,71611,80312,06812,13412,26012,36912,39112,46712,62412,90613,19013,40613,52613,69313,88813,95613,93714,13714,23914,20714,37214,542
Accounts Payable
Long-Term Debt
Liabilities9,1799,3239,3179,1329,1119,1199,2629,4879,6909,7119,5609,2869,2859,3989,5199,6509,8519,96410,25510,34310,49810,64010,68810,77610,94511,24611,52511,72811,84812,00312,18712,22612,19112,37912,49512,47112,66112,846
Stockholders' Equity1,7621,7531,7481,7531,7661,7741,7961,8001,8051,8071,8201,8351,8521,8711,8621,8841,8651,8391,8131,7901,7611,7291,7021,6901,6791,6601,6651,6781,6781,6901,7011,7301,7451,7581,7441,7361,7101,697
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue0
Cost of Revenue
Gross Profit
R&D
SG&A11232123233334333446734444555556535762
Tax58404347447778889888912101011129121212121510961046
Net Income10-11-7268831111231616161618161716172318192123202323232023212220201822
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating11886-34105-2191-33475092-26502481-19241872-23282669-29153097-33172798-32131-1442930
Cash Investing-465-434955-22-237-157-277-71129197-21-160-96-205-194-174-176-118-126-180-28-65-105-256-202-296-92-165-161-12810-196-7728-136-156
Cash Financing141-53-128-716110427920511-196-220-1712546175158821998610286-37941322562002449914111979-4417695-99119130