TFS Financial (NASDAQ:TFSL) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

TFS Financial (NASDAQ:TFSL) released its earnings results on Tuesday. The bank reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02, Zacks reports. TFS Financial had a net margin of 10.58% and a return on equity of 4.29%.

TFS Financial Price Performance

TFSL opened at $13.76 on Wednesday. The stock has a fifty day moving average price of $12.98 and a 200 day moving average price of $13.17. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 2.57. TFS Financial has a 1 year low of $11.70 and a 1 year high of $14.99. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 49.33 and a beta of 0.72.

TFS Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd were paid a $0.2825 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.21%. The ex-dividend date of this dividend was Tuesday, December 3rd. TFS Financial’s dividend payout ratio (DPR) is presently 403.57%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler reiterated a “neutral” rating and set a $15.00 price objective on shares of TFS Financial in a research report on Friday, November 22nd.

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.