TFS Financial CORP (TFSL)


Stock Price Forecast

April 19, 2024


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About the Company

Third Federal S&L (also known as TFSL, Third Federal Savings and Loan, Third Federal of Cleveland, Third Federal Savings and Loan Association of Cleveland, or simply Third Federal) is a major savings and loan association in Cleveland, Ohio, founded in 1938 amid the Great Depression as Cleveland was the 5th largest city at the time with many young homeowners, before the United States entry into World War II. It does business in Ohio, Florida, California, Colorado, Connecticut, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Tennessee, Virginia, Washington, and WisconsinIt is considered a mid-sized bank overall and is a member of the Mid-Sized Bank Coalition of America. It has significant operations in Ohio and Florida. In addition, it owns properties in several states, including Ohio, Illinois, New York, and Florida, though most of it is centered in Ohio. It lends funds to people to buy homes in 25 states as of 2019. It is headquartered in the Cleveland neighborhood of Broadway-Slavic Village. Its current CEO is Marc A. Stefanski, the son of Ben S. Stefanski, the association's founder and long-time president. It holds over 11 billion in assets as of 2019. It has over 40 branches and is traded on the NASDAQ as TFSL. It has held the highest rating possible from Bauer Financial, which is a banking industry rating service in Coral Gables. TFSL has held this rating since 1994. Forbes also named it Best In-State Bank at No. 90 in 2019, ahead of major player KeyCorp at No. 97.In recent years, TFSL has been instrumental in trying to revitalize the once desolate Cleveland neighborhood of Slavic Village. It has pumped millions into properties and lending there. As an anchor in the Slavic Village neighborhood since its founding in 1938, devoted more time and energy to supporting programs in education and housing to stop the slide of the neighborhood and support redevelopment efforts. Trailside Slavic Village, a housing complex of new homes in the inner city, saw the company as a developer. Phase I of the complex broke ground in 2013 and is fully sold. Phase II was developed and sold out in 2018. Plans for Phase III are currently underway. Through The Third Federal Foundation, the MyCom Broadway P-16 program was developed, bringing together non-profits, government agencies, and businesses to support education in the Slavic Village neighborhood. The program supports children and families through wraparound services essential to school success. In the last several years, schools in the neighborhood have gone from failing to passing grades in state testing They have been criticized for being slow to utilize mobile technology to reach their wide customer base, thereby lagging behind bigger competitors in the markets it serves. Still an important asset to Cleveland, it has consistently been named one of the best banks in the city and state

Sector

Finance

Industry

Savings Institution, Federally Chartered

Employees

633

Exchange

Nasdaq

$267M

Total Revenue

633

Employees

$3B

Market Capitalization

48.04

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $TFSL News

TFS Financial Corp.

2d ago, source: Wall Street Journal

Earnings Per Share (TTM) A company's net income for the trailing twelve month period expressed as a dollar amount per fully diluted shares outstanding. Market Capitalization Reflects the total ...

TFS Financial Breaks Above 200-Day Moving Average - Bullish for TFSL

1mon ago, source: Nasdaq

In trading on Tuesday, shares of TFS Financial Corp (Symbol: TFSL) crossed above their 200 day moving average of $13.09, changing hands as high as $13.23 per share. TFS Financial Corp shares are ...

Ex-Dividend Reminder: TFS Financial, Commerce Bancshares and Vontier

1mon ago, source: Nasdaq

Looking at the universe of stocks we cover at Dividend Channel, on 3/6/24, TFS Financial Corp (Symbol: TFSL), Commerce Bancshares Inc (Symbol: CBSH), and Vontier Corp (Symbol: VNT) will all trade ...

Mutual Holding Company for TFS Financial Corporation to Seek Member Approval for Dividend Waivers

1mon ago, source: ADVFN

TFS Financial Corporation (Nasdaq: TFSL), (the “Company”), the holding company for Third Federal Savings and Loan Association of Cleveland, announced that Third Federal Savings and Loan ...

TFS Financial Corp TFSL

4d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

TFS Financial Corporation

11mon ago, source: CNN

TFS Financial Corp. is a holding company, which engages in the provision of retail consumer banking services. It offers mortgage lending, deposit gathering, and other insignificant financial services.

TFS Financial Corporation (TFSL)

3mon ago, source: Yahoo Finance

CLEVELAND, February 22, 2024--TFS Financial Corporation (NASDAQ: TFSL) (the "Company"), the holding company for Third Federal Savings and Loan Association of Cleveland (the "Association"), today ...

TFS Financial

8d ago, source: Forbes

TFS Financial Corp. is a holding company, which engages in the provision of retail consumer banking services. It offers mortgage lending, deposit gathering, and other insignificant financial services.

TFS Financial Corp TFSL

2d ago, source: Morningstar

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...

TFS Financial Corp.

6mon ago, source: Barron's

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

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