NasdaqGS:TFSLBanks
Is Record Earnings And a Dividend Waiver Altering The Investment Case For TFS Financial (TFSL)?
TFS Financial recently reported record fiscal 2025 earnings of US$91 million, a 14.3% increase from the prior year, supported by improved net interest margins and higher mortgage and home equity originations, while also declaring a quarterly cash dividend of US$0.2825 per share that its mutual holding company chose to forgo.
Director Anthony Asher’s purchase of 1,439 shares, alongside the dividend waiver by the mutual holding company, underscores internal confidence and a capital allocation...