Tfs Finl Corp - TFSL STOCK NEWS

TFS Financial Corporation (Nasdaq: TFSL) announced a special meeting for members of its mutual holding company to vote on waiving the right to receive up to $1.13 per share in quarterly dividends over the next year. This meeting will take place on July 12, 2022. The waiver is proposed as a measure to benefit customers and shareholders, reflecting the company’s commitment to financial stability. However, approval from both members and the Federal Reserve is required to proceed; failure to obtain this waiver could lead to reduced dividends for public stockholders.

TFS Financial Corporation (NASDAQ: TFSL) announced a quarterly cash dividend of $0.2825 per share, payable on June 21, 2022, to stockholders of record on June 7, 2022. Notably, the mutual holding company, which owns 80.9% of the Company's common stock, has waived its right to receive the dividend, previously waiving dividends totaling $0.8475 per share over the past three quarters. As of March 31, 2022, the Company's total assets stood at $14.6 billion, reflecting its ongoing commitment to providing competitive rates and services.

TFS Financial Corporation (NASDAQ: TFSL) reported its financial results for the quarter and six months ending March 31, 2022. The company achieved a net income of $15.8 million for the quarter, a decrease from $16.1 million the previous quarter. The net interest margin improved to 1.82%, and loan growth reached $453 million. However, net non-interest income dropped to $5.6 million for the quarter. The total assets rose to $14.58 billion, with strong asset quality reflected in a $1 million release of provision for credit losses.

TFS Financial Corporation (NASDAQ: TFSL) has declared a quarterly cash dividend of $0.2825 per share, payable on March 22, 2022, to stockholders of record on March 8, 2022. The mutual holding company, which owns 80.9% of the Company's common stock, waived its right to receive this dividend. This waiver follows the approval of its members and the Federal Reserve Bank of Cleveland, allowing the MHC to forgo dividends up to $1.13 per share until June 30, 2022. As of December 31, 2021, the Company reported assets totaling $14.1 billion.

Third Federal Savings & Loan, alongside local organizations, is offering free income tax preparation on February 12, 2022, for individuals earning less than $58,000. IRS-trained preparers will assist filers in claiming the Earned Income Tax Credit, a key poverty relief program. The event occurs at Cleveland Central Catholic High School from 9 AM to 3 PM. Participants can schedule appointments online or by phone. Third Federal has been aiding the community for eight years through this initiative, emphasizing the importance of tax refunds for local economies.

TFS Financial Corporation (NASDAQ: TFSL) reported a net income of $16.1 million for the quarter ending December 31, 2021, down from $17.0 million the previous quarter. Key highlights include $165 million in loan growth and improved net interest margin at 1.69%. The company maintained a $0.2825 quarterly dividend. Non-interest income decreased to $8.2 million, while total assets rose to $14.13 billion. The allowance for credit losses was $89.2 million, and total deposits fell 1% to $8.93 billion.

TFS Financial Corporation (NASDAQ: TFSL) has declared a quarterly cash dividend of $0.2825 per share, payable on December 14, 2021, to shareholders on record as of November 30, 2021. The mutual holding company, which owns 80.9% of the company's common stock, has waived its right to this dividend, following member approval and Federal Reserve consent. As of September 30, 2021, TFS Financial's assets stood at $14.1 billion.

TFS Financial Corporation (NASDAQ: TFSL) reported a net income of $17.0 million for the quarter and $81.0 million for the fiscal year ended September 30, 2021. This reflects a year-over-year increase from $13.6 million and a decrease from $83.3 million, respectively. Loan originations rose by 20%, totaling $3.63 billion. Net interest income decreased by 4.4% to $231.6 million due to lower yields. The allowance for credit losses increased, indicating improved credit profiles. Total assets decreased by 4.0% to $14.06 billion.

TFS Financial Corporation (NASDAQ: TFSL) announced a quarterly cash dividend of $0.2825 per share, payable on September 21, 2021, to shareholders of record by September 7, 2021. The mutual holding company, which owns 80.9% of the company’s common stock, has waived its right to receive this dividend. Previously, it waived dividends of $1.12 per share for the four quarters ending June 30, 2021. As of June 30, 2021, the company’s total assets were reported at $14.2 billion.