TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. More Details
Excellent balance sheet unattractive dividend payer.
Share Price & News
How has TFS Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TFSL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TFSL's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TFSL underperformed the US Mortgage industry which returned 48.5% over the past year.
Return vs Market: TFSL underperformed the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TFS Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is TFS Financial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TFSL ($19.48) is trading above our estimate of fair value ($3.33)
Significantly Below Fair Value: TFSL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TFSL is poor value based on its PE Ratio (70.9x) compared to the US Mortgage industry average (12x).
PE vs Market: TFSL is poor value based on its PE Ratio (70.9x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: TFSL is poor value based on its PEG Ratio (87.3x)
Price to Book Ratio
PB vs Industry: TFSL is overvalued based on its PB Ratio (3.2x) compared to the US Mortgage industry average (1.1x).
How is TFS Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TFSL's forecast earnings growth (0.8% per year) is below the savings rate (2%).
Earnings vs Market: TFSL's earnings (0.8% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: TFSL's earnings are forecast to grow, but not significantly.
Revenue vs Market: TFSL's revenue (1.6% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: TFSL's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TFSL's Return on Equity is forecast to be low in 3 years time (4.7%).
How has TFS Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TFSL has high quality earnings.
Growing Profit Margin: TFSL's current net profit margins (25.8%) are lower than last year (30.1%).
Past Earnings Growth Analysis
Earnings Trend: TFSL's earnings have declined by 0.6% per year over the past 5 years.
Accelerating Growth: TFSL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TFSL had negative earnings growth (-15.2%) over the past year, making it difficult to compare to the Mortgage industry average (40.2%).
Return on Equity
High ROE: TFSL's Return on Equity (4.5%) is considered low.
How is TFS Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: TFSL's Assets to Equity ratio (8.3x) is low.
Allowance for Bad Loans: TFSL has a sufficient allowance for bad loans (135%).
Low Risk Liabilities: 73% of TFSL's liabilities are made up of primarily low risk sources of funding.
Loan Level: TFSL has an appropriate level of Loans to Assets ratio (89%).
Low Risk Deposits: TFSL's Loans to Deposits ratio (138%) is high.
Level of Bad Loans: TFSL has an appropriate level of bad loans (0.4%).
What is TFS Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TFSL's dividend (5.75%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: TFSL's dividend (5.75%) is in the top 25% of dividend payers in the US market (3.55%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, TFSL has been paying a dividend for less than 10 years.
Growing Dividend: TFSL's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (407.5%), TFSL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TFSL's dividends in 3 years are not forecast to be well covered by earnings (433.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marc Stefanski (67 yo)
Mr. Marc A. Stefanski has been the Chairman and Chief Executive Officer of TFS Financial Corporation (MHC) since 1998 and has been its President since January 2000. Mr. Stefanski has been the Chairman and ...
CEO Compensation Analysis
Compensation vs Market: Marc's total compensation ($USD4.73M) is about average for companies of similar size in the US market ($USD6.51M).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
Experienced Management: TFSL's management team is considered experienced (2.8 years average tenure).
Experienced Board: TFSL's board of directors are seasoned and experienced ( 10.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TFSL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TFS Financial Corporation's company bio, employee growth, exchange listings and data sources
- Name: TFS Financial Corporation
- Ticker: TFSL
- Exchange: NasdaqGS
- Founded: 1938
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$5.393b
- Shares outstanding: 276.82m
- Website: https://www.thirdfederal.com
Number of Employees
- TFS Financial Corporation
- 7007 Broadway Avenue
- United States
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...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/01 22:12|
|End of Day Share Price||2021/07/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.