NASDAQ$TFSL

TFS Financial Corporation · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Reported earnings growth due to effective margin compression and expense management.

TFS Financial Corporation reported a net income of $22.4 million for the quarter ended December 31, 2024, driven by a release of provision for credit losses and a decrease in non-interest expense, partially offset by a decrease in net interest income. The company's Tier 1 capital ratio remained strong at nearly 11%.

  • Net income increased to $22.4 million compared to the previous quarter.
  • Net interest income decreased slightly to $68.3 million.
  • There was a $1.5 million release of provision for credit losses.
  • Total non-interest expense decreased by $3.2 million.

Headline financials

Total Revenue

$74.8M

Previous: $75.4M-0.8%
EPS (adj)

$0.08

Previous: $0.07+14.3%
Capital Expenditures

-$637K

Previous: -$703K+9.4%
Net Income

$22.4M

Previous: $20.7M+8.3%
Operating Income

$28.4M

Previous: -$39M+172.7%

Revenue & EPS history

TFS Financial · Revenue · Quarterly

$74.8M

Q1 2025-0.8%vs Q1 2024
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

TFS Financial · $11.9M total across 4 segments · Q1 2020

  • Other non-interest income
    $5.3M+326.6%
  • Gain on sale of loans
    $2.93M+2535.1%
  • Fees & service charges
    $2.15M+20.8%
  • BOLI benefits
    $1.56M+0.9%

Forward guidance

This report contains forward-looking statements, which can be identified by the use of such words as estimate, project, believe, intend, anticipate, plan, seek, expect and similar expressions.

Tailwinds

  • Statements of our goals, intentions and expectations.
  • Statements regarding our business plans and prospects and growth and operating strategies.
  • Statements concerning trends in our provision for credit losses and charge-offs on loans and off-balance sheet exposures.
  • Statements regarding the trends in factors affecting our financial condition and results of operations, including credit quality of our loan and investment portfolios.
  • Estimates of our risks and future costs and benefits.

Headwinds

  • Significantly increased competition among depository and other financial institutions, including with respect to our ability to charge overdraft fees.
  • Inflation and changes in the interest rate environment that reduce our interest margins or reduce the fair value of financial instruments, or our ability to originate loans.
  • General economic conditions, either globally, nationally or in our market areas, including employment prospects, real estate values and conditions that are worse than expected.
  • The strength or weakness of the real estate markets and of the consumer and commercial credit sectors and its impact on the credit quality of our loans and other assets, and changes in estimates of the allowance for credit losses.
  • Decreased demand for our products and services and lower revenue and earnings because of a recession or other events.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.2%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.5%

Avg return

30 days after

48%

31 / 65 earnings

Positive

+8.5%

Q2 2020

Best reaction

-5.5%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+2.0%+0.4%+5.9%
Q1 2026-4.1%+0.3%-4.6%
Q4 2025-1.0%+3.8%+7.5%
Q2 2025+1.6%+1.1%-0.1%
Q1 2025+7.3%+7.2%+3.1%
Q4 2024-0.7%-1.5%+9.3%
Q3 2024-1.4%-5.7%-2.0%
Q2 2024+4.3%+9.0%+7.5%
Q1 2024-5.3%-5.3%-9.4%
Q4 2023+5.1%+6.8%+22.7%
Q3 2023+2.7%+5.8%-3.5%
Q2 2023-0.5%-3.9%-5.9%
Q1 2023-1.6%-2.9%-1.5%
Q4 2022+8.2%+6.5%+6.2%
Q3 2022+3.0%+3.1%+3.7%
Q2 2022-0.5%-0.7%-0.7%
Q1 2022-1.0%+0.0%-0.5%
Q4 2021+1.2%+1.5%-2.2%
Q3 2021-0.7%-2.5%+1.4%
Q2 2021-2.2%-2.7%+10.7%
Q1 2021-2.9%-3.0%+7.4%
Q4 2020-0.1%+0.9%+12.7%
Q3 2020+3.5%-1.4%+11.4%
Q2 2020+8.5%+7.6%+8.5%
Q1 2020+3.1%+6.6%+3.1%
Q4 2019-0.1%+1.8%+5.3%
Q3 2019-2.3%-4.2%-3.4%
Q2 2019-0.9%+5.3%+3.9%
Q1 2019-2.7%+0.0%+1.7%
Q4 2018+1.6%+3.2%+7.0%
Q3 2018-5.5%-4.1%-5.2%
Q2 2018-0.7%+1.1%+5.5%
Q1 2018-0.6%+2.9%+0.1%
Q4 2017-3.3%-2.4%-3.1%
Q3 2017+1.2%+2.4%-2.0%
Q2 2017+1.3%+0.1%-4.9%
Q1 2017-4.7%-6.3%-6.2%
Q4 2016+0.3%-0.5%+6.7%
Q3 2016+0.5%-0.6%+1.3%
Q2 2016-1.2%
Q1 2016+1.0%
Q4 2015-0.2%
Q3 2015+1.1%
Q2 2015-2.4%
Q1 2015-0.3%
Q4 2014+2.4%
Q3 2014+0.4%
Q2 2014-0.2%
Q1 2014+0.5%
Q4 2013-1.6%
Q3 2013-0.8%
Q2 2013+1.1%
Q1 2013+2.8%
Q4 2012+0.1%
Q3 2012-0.9%
Q2 2012+0.8%
Q1 2012+0.7%
Q4 2011+2.8%
Q3 2011+1.2%
Q2 2011+1.5%
Q1 2011+2.6%
Q4 2010-3.0%
Q4 2009-0.7%
Q3 2010-0.7%
Q2 2010-4.0%

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