TFS Financial (NASDAQ:TFSL) Announces Earnings Results, Hits Estimates

TFS Financial (NASDAQ:TFSL - Get Free Report) issued its quarterly earnings results on Wednesday. The bank reported $0.06 EPS for the quarter, hitting analysts' consensus estimates of $0.06, RTT News reports. TFS Financial had a return on equity of 4.25% and a net margin of 10.97%. The business had revenue of $194.94 million during the quarter. During the same quarter in the previous year, the company earned $0.07 EPS.

TFS Financial Price Performance

Shares of NASDAQ:TFSL traded down $0.38 during trading on Thursday, hitting $12.85. 325,796 shares of the company's stock were exchanged, compared to its average volume of 262,356. The company has a debt-to-equity ratio of 2.52, a current ratio of 1.55 and a quick ratio of 1.55. TFS Financial has a 52-week low of $11.70 and a 52-week high of $15.25. The business's 50-day simple moving average is $13.04 and its 200 day simple moving average is $12.92. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 48.19 and a beta of 0.68.

TFS Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Tuesday, September 10th were given a dividend of $0.2825 per share. This represents a $1.13 annualized dividend and a dividend yield of 8.79%. The ex-dividend date of this dividend was Tuesday, September 10th. TFS Financial's dividend payout ratio is currently 418.52%.

Insider Buying and Selling

In related news, CEO Marc A. Stefanski sold 20,000 shares of the stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $12.82, for a total transaction of $256,400.00. Following the completion of the sale, the chief executive officer now owns 37,150 shares in the company, valued at approximately $476,263. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CEO Marc A. Stefanski sold 16,000 shares of the stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $12.82, for a total transaction of $205,120.00. Following the completion of the transaction, the chief executive officer now directly owns 227,080 shares of the company's stock, valued at approximately $2,911,165.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Marc A. Stefanski sold 20,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $12.82, for a total value of $256,400.00. Following the completion of the sale, the chief executive officer now directly owns 37,150 shares of the company's stock, valued at $476,263. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 42,500 shares of company stock worth $546,605. 1.13% of the stock is owned by corporate insiders.

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.