New insider activity at TFS Financial ( (TFSL) ) has taken place on February 28, 2025.
Director Daniel F Weir has sold 10,000 shares of TFS Financial stock, amounting to a total of $131,100. Additionally, COB, President & CEO Marc Stefanski has sold 22,000 shares, with the transaction valued at $288,860.
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 due to effective management of margin compression and reduced expenses. The company’s strategic focus on innovative deposit products led to a $350 million growth in promotional certificates of deposit in December 2024. Despite a slight decline in net interest income, the overall financial results were supported by strategic expense management and increased non-interest income. The company’s Tier I capital ratio remained strong at nearly 11%, reflecting its financial stability. Looking forward, TFS Financial is optimistic about its growth prospects in 2025, driven by favorable economic forecasts and interest rate trends, which are expected to benefit the housing industry.
More about TFS Financial
YTD Price Performance: 5.56%
Average Trading Volume: 285,633
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.68B