TFSL
TFS Financial Corporation
NASDAQ: TFSL · FINANCIAL SERVICES · BANKS - REGIONAL
$14.72
-2.39% today
Updated 2026-04-29
Market cap
$4.13B
P/E ratio
46.00
P/S ratio
12.62x
EPS (TTM)
$0.32
Dividend yield
7.49%
52W range
$12 – $15
Volume
0.8M
TFS Financial Corporation (TFSL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $479.41M | $589.11M | $594.47M | $555.43M | $495.86M | $458.48M | $442.32M | $412.44M | $396.58M | $407.74M | $413.39M | $428.84M | $464.58M | $502.55M | $508.55M | $444.65M | $433.14M | $305.00M | $758.78M | $791.96M |
| Revenue growth (YoY) | — | +22.9% | +0.9% | -6.6% | -10.7% | -7.5% | -3.5% | -6.8% | -3.8% | +2.8% | +1.4% | +3.7% | +8.3% | +8.2% | +1.2% | -12.6% | -2.6% | -29.6% | +148.8% | +4.4% |
| Cost of revenue | $295.19M | $354.12M | $364.82M | $372.15M | $316.38M | $278.35M | $257.65M | $152.42M | $122.25M | $110.35M | $110.03M | $113.10M | $151.10M | $206.67M | $216.03M | $148.72M | $142.94M | $326.85M | $454.12M | $472.99M |
| Gross profit | $184.22M | $234.99M | $229.65M | $183.28M | $179.47M | $180.13M | $184.67M | $260.02M | $274.33M | $297.39M | $303.37M | $315.75M | $313.48M | $295.88M | $292.52M | $295.93M | $290.20M | $305.00M | $304.66M | $318.97M |
| Gross margin | 38.4% | 39.9% | 38.6% | 33.0% | 36.2% | 39.3% | 41.8% | 63.0% | 69.2% | 72.9% | 73.4% | 73.6% | 67.5% | 58.9% | 57.5% | 66.6% | 67.0% | 100.0% | 40.2% | 40.3% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $68.37M | $73.00M | $81.30M | $96.97M | $102.81M | $95.53M | $94.41M | $99.49M | $100.24M | $106.77M | $106.66M | $104.68M | $112.50M | $114.42M | $114.63M | $117.95M | $118.70M | $126.24M | $122.35M | $119.03M |
| Operating income | $61.71M | $43.88M | $81.69M | $20.07M | $18.21M | $12.07M | $13.61M | $82.36M | $98.86M | $109.39M | $122.36M | $133.34M | $121.16M | $102.21M | $100.25M | $100.09M | $92.05M | $93.37M | $100.31M | $114.72M |
| Operating margin | 12.9% | 7.4% | 13.7% | 3.6% | 3.7% | 2.6% | 3.1% | 20.0% | 24.9% | 26.8% | 29.6% | 31.1% | 26.1% | 20.3% | 19.7% | 22.5% | 21.3% | 30.6% | 13.2% | 14.5% |
| EBITDA | $73.30M | $50.76M | $90.54M | $38.58M | $36.68M | $31.48M | $36.38M | $103.68M | $112.14M | $126.85M | $141.73M | $154.23M | $146.35M | $125.16M | $133.06M | $132.66M | $119.09M | $93.37M | $119.35M | $137.76M |
| EBITDA margin | 15.3% | 8.6% | 15.2% | 6.9% | 7.4% | 6.9% | 8.2% | 25.1% | 28.3% | 31.1% | 34.3% | 36.0% | 31.5% | 24.9% | 26.2% | 29.8% | 27.5% | 30.6% | 15.7% | 17.4% |
| EBIT | $61.71M | $43.88M | $81.69M | $20.07M | $18.21M | $12.07M | $13.61M | $82.36M | $98.86M | $109.39M | $122.36M | $133.34M | $121.16M | $102.21M | $100.25M | $100.09M | $92.05M | $93.37M | $100.31M | $114.72M |
| Interest expense | $289.14M | $344.52M | $330.32M | $257.15M | $210.38M | $179.84M | $155.65M | $115.42M | $103.25M | $113.35M | $118.03M | $130.10M | $162.10M | $216.67M | $213.03M | $157.72M | $141.94M | $328.35M | $455.62M | $470.49M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $43.54M | $25.61M | $54.49M | $14.39M | $11.34M | $9.34M | $11.48M | $55.96M | $65.89M | $72.59M | $80.55M | $88.88M | $85.41M | $80.24M | $83.32M | $81.01M | $74.56M | $75.25M | $79.59M | $90.96M |
| Net income growth (YoY) | — | -41.2% | +112.8% | -73.6% | -21.2% | -17.6% | +22.9% | +387.5% | +17.7% | +10.2% | +11.0% | +10.3% | -3.9% | -6.1% | +3.8% | -2.8% | -8.0% | +0.9% | +5.8% | +14.3% |
| Profit margin | 9.1% | 4.3% | 9.2% | 2.6% | 2.3% | 2.0% | 2.6% | 13.6% | 16.6% | 17.8% | 19.5% | 20.7% | 18.4% | 16.0% | 16.4% | 18.2% | 17.2% | 24.7% | 10.5% | 11.5% |