New insider activity at TFS Financial ( (TFSL) ) has taken place on February 27, 2025.
Marc Stefanski, the Chairman of the Board, President, and CEO of TFS Financial, recently sold 40,445 shares of the company’s stock, amounting to a total transaction value of $535,849.
Recent Updates on TFSL stock
TFS Financial Corporation reported a net income of $22.4 million for Q1 of fiscal year 2025, marking a significant improvement from previous quarters. This was attributed to effective management of margin compression and reduced expenses, alongside the introduction of innovative deposit products that spurred a $350 million growth in promotional certificates of deposit. Key financial highlights included a $1.5 million release in provision for credit losses and a $3.2 million decrease in non-interest expense from the previous quarter. Despite a slight decline in net interest income, strategic expense management and increased non-interest income supported overall financial results. The company’s Tier I capital ratio remained strong at nearly 11%, reflecting financial stability. Looking forward, TFS Financial is optimistic about growth prospects in 2025, supported by favorable economic forecasts and interest rate trends expected to benefit the housing industry.
More about TFS Financial
YTD Price Performance: 7.09%
Average Trading Volume: 283,650
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.73B