Annual Income Statements for TFS Financial
This table shows TFS Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for TFS Financial
This table shows TFS Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
25 |
22 |
16 |
18 |
20 |
21 |
21 |
20 |
18 |
22 |
21 |
Consolidated Net Income / (Loss) |
|
25 |
22 |
16 |
18 |
20 |
21 |
21 |
20 |
18 |
22 |
21 |
Net Income / (Loss) Continuing Operations |
|
25 |
22 |
16 |
18 |
20 |
21 |
21 |
20 |
18 |
22 |
21 |
Total Pre-Tax Income |
|
31 |
28 |
20 |
22 |
23 |
26 |
26 |
25 |
23 |
28 |
27 |
Total Revenue |
|
80 |
80 |
75 |
75 |
75 |
75 |
77 |
76 |
75 |
75 |
79 |
Net Interest Income / (Expense) |
|
76 |
75 |
69 |
69 |
70 |
69 |
71 |
69 |
69 |
68 |
72 |
Total Interest Income |
|
121 |
139 |
148 |
157 |
169 |
177 |
183 |
185 |
189 |
187 |
186 |
Loans and Leases Interest Income |
|
115 |
130 |
137 |
144 |
155 |
162 |
163 |
166 |
172 |
172 |
172 |
Investment Securities Interest Income |
|
1.90 |
3.06 |
3.46 |
3.71 |
4.14 |
4.40 |
4.48 |
4.66 |
4.69 |
4.46 |
4.76 |
Other Interest Income |
|
4.24 |
6.24 |
7.26 |
8.60 |
9.84 |
11 |
16 |
14 |
11 |
10 |
9.69 |
Total Interest Expense |
|
46 |
64 |
78 |
88 |
98 |
108 |
112 |
116 |
120 |
118 |
114 |
Deposits Interest Expense |
|
24 |
30 |
40 |
49 |
56 |
64 |
73 |
76 |
80 |
78 |
75 |
Long-Term Debt Interest Expense |
|
22 |
34 |
38 |
39 |
43 |
44 |
39 |
40 |
40 |
40 |
39 |
Total Non-Interest Income |
|
4.38 |
5.16 |
5.33 |
5.84 |
5.10 |
6.32 |
5.72 |
6.25 |
6.42 |
6.50 |
7.07 |
Other Service Charges |
|
2.73 |
2.90 |
2.63 |
3.03 |
3.02 |
2.64 |
3.09 |
3.27 |
2.96 |
2.71 |
3.20 |
Net Realized & Unrealized Capital Gains on Investments |
|
-1.11 |
0.02 |
0.58 |
0.02 |
-0.12 |
0.48 |
0.44 |
0.72 |
1.10 |
1.12 |
1.19 |
Other Non-Interest Income |
|
2.76 |
2.24 |
2.12 |
2.79 |
2.20 |
3.19 |
2.19 |
2.25 |
2.36 |
2.68 |
2.68 |
Provision for Credit Losses |
|
- |
-1.00 |
-1.00 |
0.00 |
0.50 |
-1.00 |
-1.00 |
-0.50 |
1.00 |
-1.50 |
1.50 |
Total Non-Interest Expense |
|
49 |
53 |
56 |
53 |
51 |
50 |
52 |
51 |
51 |
48 |
51 |
Salaries and Employee Benefits |
|
27 |
28 |
30 |
25 |
29 |
27 |
28 |
27 |
26 |
27 |
28 |
Net Occupancy & Equipment Expense |
|
6.56 |
6.80 |
6.80 |
7.25 |
6.89 |
6.85 |
7.30 |
7.01 |
7.16 |
6.84 |
7.62 |
Marketing Expense |
|
4.26 |
7.71 |
6.67 |
7.02 |
3.88 |
4.43 |
5.10 |
4.87 |
5.33 |
3.65 |
4.63 |
Property & Liability Insurance Claims |
|
2.72 |
2.76 |
3.49 |
3.57 |
3.63 |
3.78 |
4.01 |
3.26 |
3.52 |
3.59 |
3.67 |
Other Operating Expenses |
|
8.00 |
7.52 |
8.22 |
9.70 |
8.43 |
8.11 |
8.28 |
8.81 |
8.75 |
7.25 |
7.50 |
Income Tax Expense |
|
5.72 |
5.93 |
4.12 |
4.14 |
3.93 |
5.42 |
5.19 |
5.28 |
4.84 |
5.96 |
5.51 |
Basic Earnings per Share |
|
$0.08 |
$0.08 |
$0.06 |
$0.06 |
$0.07 |
$0.07 |
$0.07 |
$0.07 |
$0.07 |
$0.08 |
$0.07 |
Weighted Average Basic Shares Outstanding |
|
277.37M |
277.32M |
277.36M |
277.47M |
277.44M |
277.84M |
278.18M |
278.29M |
278.18M |
278.54M |
278.73M |
Diluted Earnings per Share |
|
$0.08 |
$0.08 |
$0.06 |
$0.06 |
$0.06 |
$0.07 |
$0.07 |
$0.07 |
$0.07 |
$0.08 |
$0.07 |
Weighted Average Diluted Shares Outstanding |
|
278.69M |
278.46M |
278.50M |
278.59M |
278.58M |
279.00M |
279.05M |
279.22M |
279.14M |
279.58M |
279.72M |
Weighted Average Basic & Diluted Shares Outstanding |
|
560.82M |
280.33M |
280.33M |
280.33M |
280.36M |
280.71M |
280.71M |
280.71M |
280.71M |
280.80M |
280.84M |
Cash Dividends to Common per Share |
|
- |
$0.28 |
$0.28 |
$0.28 |
- |
$0.28 |
$0.28 |
$0.28 |
- |
$0.28 |
$0.28 |
Annual Cash Flow Statements for TFS Financial
This table details how cash moves in and out of TFS Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-26 |
76 |
37 |
1.56 |
5.37 |
223 |
-9.71 |
-119 |
97 |
-3.03 |
Net Cash From Operating Activities |
|
102 |
85 |
101 |
92 |
103 |
122 |
83 |
39 |
91 |
89 |
Net Cash From Continuing Operating Activities |
|
102 |
85 |
101 |
92 |
103 |
122 |
83 |
39 |
91 |
89 |
Net Income / (Loss) Continuing Operations |
|
73 |
81 |
89 |
85 |
80 |
83 |
81 |
75 |
75 |
80 |
Consolidated Net Income / (Loss) |
|
73 |
81 |
89 |
85 |
80 |
83 |
81 |
75 |
75 |
80 |
Provision For Loan Losses |
|
-3.00 |
-8.00 |
-17 |
-11 |
-10 |
3.00 |
-9.00 |
1.00 |
-1.50 |
-1.50 |
Depreciation Expense |
|
17 |
19 |
21 |
25 |
23 |
33 |
33 |
27 |
18 |
19 |
Non-Cash Adjustments to Reconcile Net Income |
|
-12 |
-6.08 |
-18 |
-23 |
-25 |
-67 |
-108 |
-49 |
1.72 |
-17 |
Changes in Operating Assets and Liabilities, net |
|
27 |
-0.93 |
26 |
16 |
35 |
69 |
87 |
-14 |
-2.87 |
8.86 |
Net Cash From Investing Activities |
|
-600 |
-454 |
-755 |
-475 |
-342 |
148 |
547 |
-1,875 |
-1,009 |
-125 |
Net Cash From Continuing Investing Activities |
|
-600 |
-454 |
-755 |
-475 |
-342 |
148 |
547 |
-1,875 |
-1,009 |
-125 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-5.52 |
-9.13 |
-4.15 |
-8.37 |
-3.78 |
-3.21 |
-1.34 |
-2.70 |
-5.10 |
-3.06 |
Purchase of Investment Securities |
|
-2,960 |
-3,120 |
-3,627 |
-3,494 |
-3,037 |
-206 |
-393 |
-5,572 |
-3,726 |
-3,156 |
Sale of Property, Leasehold Improvements and Equipment |
|
- |
- |
- |
0.00 |
0.00 |
24 |
0.00 |
0.39 |
0.00 |
0.00 |
Sale and/or Maturity of Investments |
|
2,366 |
2,675 |
2,876 |
519 |
2,856 |
4,589 |
5,817 |
3,699 |
2,723 |
3,034 |
Net Cash From Financing Activities |
|
472 |
445 |
691 |
384 |
244 |
-46 |
-640 |
1,717 |
1,015 |
33 |
Net Cash From Continuing Financing Activities |
|
472 |
445 |
691 |
384 |
244 |
-46 |
-640 |
1,717 |
1,015 |
33 |
Net Change in Deposits |
|
-368 |
46 |
-180 |
340 |
275 |
459 |
-232 |
-84 |
520 |
731 |
Issuance of Debt |
|
1,045 |
737 |
1,161 |
332 |
603 |
-31 |
-425 |
600 |
767 |
-52 |
Repayment of Debt |
|
-20 |
-186 |
-222 |
-286 |
-421 |
-337 |
-9.11 |
871 |
-78 |
-427 |
Repurchase of Common Equity |
|
-173 |
-128 |
-54 |
-20 |
-9.09 |
-2.32 |
-5.59 |
-6.29 |
-5.98 |
-1.93 |
Payment of Dividends |
|
-19 |
-23 |
-28 |
-38 |
-50 |
-55 |
-57 |
-58 |
-58 |
-59 |
Other Financing Activities, Net |
|
7.50 |
1.52 |
13 |
56 |
-154 |
-80 |
88 |
395 |
-130 |
-158 |
Cash Interest Paid |
|
93 |
90 |
124 |
162 |
225 |
213 |
115 |
114 |
364 |
533 |
Cash Income Taxes Paid |
|
23 |
32 |
38 |
33 |
9.69 |
1.67 |
26 |
40 |
22 |
16 |
Quarterly Cash Flow Statements for TFS Financial
This table details how cash moves in and out of TFS Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Change in Cash & Equivalents |
|
-18 |
74 |
-22 |
15 |
31 |
85 |
43 |
-34 |
-97 |
2.21 |
-2.35 |
Net Cash From Operating Activities |
|
-12 |
79 |
-36 |
34 |
14 |
36 |
14 |
97 |
-59 |
46 |
21 |
Net Cash From Continuing Operating Activities |
|
-12 |
79 |
-36 |
34 |
14 |
36 |
14 |
97 |
-59 |
46 |
21 |
Net Income / (Loss) Continuing Operations |
|
25 |
22 |
16 |
18 |
20 |
21 |
21 |
20 |
18 |
22 |
21 |
Consolidated Net Income / (Loss) |
|
25 |
22 |
16 |
18 |
20 |
21 |
21 |
20 |
18 |
22 |
21 |
Provision For Loan Losses |
|
- |
-1.00 |
-1.00 |
- |
0.50 |
-1.00 |
-1.00 |
-0.50 |
1.00 |
-1.50 |
1.50 |
Depreciation Expense |
|
6.23 |
4.21 |
4.53 |
4.65 |
4.73 |
4.58 |
4.52 |
4.98 |
4.96 |
5.31 |
5.55 |
Non-Cash Adjustments to Reconcile Net Income |
|
-56 |
-2.95 |
0.07 |
3.82 |
0.78 |
1.11 |
-7.85 |
-16 |
5.39 |
11 |
-2.86 |
Changes in Operating Assets and Liabilities, net |
|
12 |
56 |
-55 |
7.70 |
-12 |
11 |
-2.17 |
88 |
-88 |
8.40 |
-3.99 |
Net Cash From Investing Activities |
|
-395 |
-249 |
-98 |
-377 |
-285 |
-42 |
72 |
-43 |
-112 |
-2.73 |
-44 |
Net Cash From Continuing Investing Activities |
|
-395 |
-249 |
-98 |
-377 |
-285 |
-42 |
72 |
-43 |
-112 |
-2.73 |
-44 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-1.20 |
-1.96 |
-0.50 |
-1.59 |
-1.05 |
-0.70 |
-0.81 |
-0.83 |
-0.72 |
-0.64 |
-6.95 |
Purchase of Investment Securities |
|
-5,349 |
-50 |
-34 |
-75 |
-3,567 |
-115 |
-16 |
-24 |
-3,000 |
-86 |
-44 |
Sale and/or Maturity of Investments |
|
830 |
661 |
630 |
662 |
769 |
844 |
670 |
744 |
776 |
883 |
828 |
Other Investing Activities, net |
|
- |
-858 |
-694 |
-963 |
- |
-770 |
-581 |
-762 |
- |
-799 |
-821 |
Net Cash From Financing Activities |
|
389 |
244 |
111 |
358 |
301 |
91 |
-44 |
-88 |
74 |
-41 |
20 |
Net Cash From Continuing Financing Activities |
|
389 |
244 |
111 |
358 |
301 |
91 |
-44 |
-88 |
74 |
-41 |
20 |
Net Change in Deposits |
|
-226 |
91 |
-15 |
56 |
388 |
463 |
8.27 |
80 |
180 |
25 |
180 |
Issuance of Debt |
|
-555 |
265 |
360 |
243 |
-101 |
-142 |
75 |
-100 |
115 |
41 |
33 |
Repayment of Debt |
|
874 |
-1.14 |
-0.60 |
-0.49 |
-76 |
-101 |
-151 |
-25 |
-151 |
-176 |
-100 |
Payment of Dividends |
|
-14 |
-15 |
-15 |
-15 |
-15 |
-15 |
-15 |
-15 |
-15 |
-15 |
-15 |
Other Financing Activities, Net |
|
311 |
-91 |
-218 |
74 |
105 |
-113 |
38 |
-28 |
-55 |
85 |
-78 |
Cash Interest Paid |
|
43 |
64 |
80 |
102 |
118 |
123 |
132 |
137 |
141 |
137 |
128 |
Cash Income Taxes Paid |
|
14 |
0.43 |
12 |
5.13 |
4.33 |
0.22 |
10 |
3.09 |
1.96 |
0.11 |
7.03 |
Annual Balance Sheets for TFS Financial
This table presents TFS Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
12,369 |
12,906 |
13,693 |
14,137 |
14,542 |
14,642 |
14,057 |
15,790 |
16,918 |
17,091 |
Cash and Due from Banks |
|
22 |
28 |
35 |
29 |
32 |
25 |
27 |
19 |
29 |
26 |
Interest Bearing Deposits at Other Banks |
|
133 |
203 |
233 |
241 |
243 |
473 |
461 |
351 |
438 |
437 |
Trading Account Securities |
|
585 |
518 |
537 |
533 |
552 |
37 |
431 |
458 |
508 |
544 |
Loans and Leases, Net of Allowance |
|
11,188 |
11,709 |
12,419 |
-3.85 |
13,196 |
13,103 |
12,509 |
14,257 |
15,166 |
15,322 |
Loans and Leases |
|
11,259 |
11,771 |
12,468 |
39 |
13,235 |
13,150 |
12,573 |
14,330 |
15,243 |
15,392 |
Allowance for Loan and Lease Losses |
|
72 |
62 |
49 |
42 |
39 |
47 |
64 |
73 |
77 |
70 |
Premises and Equipment, Net |
|
57 |
61 |
61 |
63 |
62 |
42 |
37 |
35 |
35 |
33 |
Other Assets |
|
384 |
382 |
406 |
13,275 |
458 |
963 |
592 |
661 |
739 |
728 |
Total Liabilities & Shareholders' Equity |
|
12,369 |
12,906 |
13,693 |
14,137 |
14,542 |
14,642 |
14,057 |
15,790 |
16,918 |
17,091 |
Total Liabilities |
|
10,640 |
11,246 |
12,003 |
12,379 |
12,846 |
12,970 |
12,325 |
13,946 |
14,991 |
15,228 |
Interest Bearing Deposits |
|
8,372 |
8,424 |
8,252 |
8,595 |
8,870 |
9,337 |
9,103 |
9,038 |
9,574 |
10,309 |
Long-Term Debt |
|
2,218 |
2,768 |
3,707 |
3,753 |
3,936 |
3,568 |
41 |
4,823 |
5,303 |
4,822 |
Other Long-Term Liabilities |
|
- |
- |
- |
- |
40 |
- |
89 |
84 |
113 |
98 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
1,729 |
1,660 |
1,690 |
1,758 |
1,697 |
1,672 |
1,732 |
1,844 |
1,927 |
1,863 |
Total Preferred & Common Equity |
|
1,729 |
1,660 |
1,690 |
1,758 |
1,697 |
1,672 |
1,732 |
1,844 |
1,927 |
1,863 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
1,729 |
1,660 |
1,690 |
1,758 |
1,697 |
1,672 |
1,732 |
1,844 |
1,927 |
1,863 |
Common Stock |
|
1,711 |
1,720 |
1,726 |
1,730 |
1,737 |
1,746 |
1,750 |
1,755 |
1,758 |
1,758 |
Retained Earnings |
|
642 |
699 |
760 |
808 |
838 |
866 |
854 |
870 |
887 |
915 |
Treasury Stock |
|
-549 |
-682 |
-736 |
-754 |
-765 |
-768 |
-768 |
-772 |
-776 |
-772 |
Accumulated Other Comprehensive Income / (Loss) |
|
-13 |
-20 |
-7.49 |
23 |
-69 |
-132 |
-68 |
23 |
85 |
-16 |
Other Equity Adjustments |
|
-62 |
-57 |
-53 |
-49 |
-44 |
-40 |
-36 |
-31 |
-27 |
-23 |
Quarterly Balance Sheets for TFS Financial
This table presents TFS Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Q2 2025 |
Total Assets |
|
15,405 |
16,129 |
16,262 |
16,595 |
17,054 |
17,017 |
17,035 |
17,058 |
17,112 |
Cash and Due from Banks |
|
30 |
32 |
28 |
23 |
46 |
27 |
29 |
33 |
36 |
Interest Bearing Deposits at Other Banks |
|
358 |
412 |
393 |
413 |
506 |
567 |
531 |
433 |
427 |
Trading Account Securities |
|
450 |
473 |
483 |
513 |
525 |
520 |
523 |
509 |
540 |
Loans and Leases, Net of Allowance |
|
13,896 |
14,473 |
14,563 |
14,884 |
15,207 |
15,150 |
15,190 |
15,343 |
15,360 |
Loans and Leases |
|
13,965 |
14,548 |
14,637 |
14,958 |
15,276 |
15,218 |
15,257 |
15,413 |
15,431 |
Allowance for Loan and Lease Losses |
|
69 |
74 |
74 |
75 |
69 |
68 |
68 |
71 |
71 |
Premises and Equipment, Net |
|
35 |
35 |
35 |
35 |
34 |
34 |
34 |
33 |
39 |
Other Assets |
|
636 |
691 |
756 |
726 |
734 |
709 |
698 |
708 |
710 |
Total Liabilities & Shareholders' Equity |
|
15,405 |
16,129 |
16,262 |
16,595 |
17,054 |
17,017 |
17,035 |
17,058 |
17,112 |
Total Liabilities |
|
13,592 |
14,279 |
14,427 |
14,709 |
15,187 |
15,110 |
15,120 |
15,143 |
15,215 |
Interest Bearing Deposits |
|
9,226 |
9,123 |
9,106 |
9,143 |
10,030 |
10,035 |
10,093 |
10,347 |
10,498 |
Long-Term Debt |
|
4,265 |
5,016 |
5,232 |
5,469 |
5,060 |
4,981 |
4,846 |
4,696 |
4,615 |
Other Long-Term Liabilities |
|
102 |
140 |
89 |
97 |
97 |
93 |
181 |
100 |
103 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
1,813 |
1,850 |
1,834 |
1,886 |
1,867 |
1,907 |
1,915 |
1,914 |
1,897 |
Total Preferred & Common Equity |
|
1,813 |
1,850 |
1,834 |
1,886 |
1,867 |
1,907 |
1,915 |
1,914 |
1,897 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
1,813 |
1,850 |
1,834 |
1,886 |
1,867 |
1,907 |
1,915 |
1,914 |
1,897 |
Common Stock |
|
1,753 |
1,754 |
1,756 |
1,757 |
1,754 |
1,755 |
1,756 |
1,758 |
1,758 |
Retained Earnings |
|
859 |
878 |
879 |
882 |
901 |
907 |
912 |
923 |
929 |
Treasury Stock |
|
-772 |
-775 |
-776 |
-776 |
-772 |
-772 |
-772 |
-772 |
-771 |
Accumulated Other Comprehensive Income / (Loss) |
|
4.95 |
23 |
4.70 |
51 |
10 |
42 |
43 |
27 |
0.79 |
Other Equity Adjustments |
|
-33 |
-30 |
-29 |
-28 |
-26 |
-25 |
-24 |
-22 |
-21 |
Annual Metrics And Ratios for TFS Financial
This table displays calculated financial ratios and metrics derived from TFS Financial's official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
0.36% |
0.33% |
1.14% |
1.25% |
-9.82% |
8.33% |
-2.91% |
1.49% |
4.74% |
-0.60% |
EBITDA Growth |
|
13.11% |
11.73% |
8.82% |
-5.11% |
-23.43% |
18.74% |
-0.30% |
-10.23% |
-6.39% |
7.06% |
EBIT Growth |
|
10.66% |
11.85% |
8.97% |
-9.13% |
-26.45% |
12.49% |
-0.15% |
-8.03% |
1.43% |
7.44% |
NOPAT Growth |
|
10.17% |
10.97% |
10.33% |
-3.90% |
-6.05% |
3.84% |
-2.77% |
-7.95% |
0.92% |
5.76% |
Net Income Growth |
|
10.17% |
10.97% |
10.33% |
-3.90% |
-6.05% |
3.84% |
-2.77% |
-7.95% |
0.92% |
5.76% |
EPS Growth |
|
13.64% |
12.00% |
14.29% |
-6.25% |
-6.67% |
3.57% |
0.00% |
-10.34% |
0.00% |
7.69% |
Operating Cash Flow Growth |
|
-1.36% |
-16.83% |
19.14% |
-8.95% |
11.82% |
18.25% |
-31.73% |
-53.19% |
133.04% |
-2.34% |
Free Cash Flow Firm Growth |
|
-206.75% |
52.43% |
-119.56% |
96.69% |
-40.33% |
1,267.41% |
644.38% |
-235.88% |
89.87% |
228.29% |
Invested Capital Growth |
|
30.16% |
12.19% |
21.87% |
2.12% |
2.20% |
-6.98% |
-66.15% |
275.90% |
8.45% |
-7.56% |
Revenue Q/Q Growth |
|
0.67% |
-0.21% |
0.53% |
-0.45% |
-5.81% |
3.57% |
-0.40% |
4.98% |
-1.43% |
-0.11% |
EBITDA Q/Q Growth |
|
10.63% |
0.10% |
-0.36% |
-2.19% |
-12.50% |
5.12% |
-1.85% |
12.56% |
-7.60% |
-0.16% |
EBIT Q/Q Growth |
|
11.66% |
-0.24% |
0.34% |
-3.66% |
-15.64% |
2.79% |
4.14% |
12.90% |
-7.59% |
-0.42% |
NOPAT Q/Q Growth |
|
10.96% |
-0.27% |
0.24% |
-1.63% |
-0.11% |
-8.70% |
4.43% |
12.73% |
-7.26% |
-1.64% |
Net Income Q/Q Growth |
|
10.96% |
-0.27% |
0.24% |
-1.63% |
-0.11% |
-8.70% |
4.43% |
12.73% |
-7.26% |
-1.64% |
EPS Q/Q Growth |
|
8.70% |
0.00% |
3.23% |
-3.23% |
0.00% |
-12.12% |
7.41% |
8.33% |
-7.14% |
3.70% |
Operating Cash Flow Q/Q Growth |
|
8.14% |
4.97% |
-9.11% |
4.81% |
6.54% |
0.03% |
-45.21% |
201.66% |
40.19% |
-45.01% |
Free Cash Flow Firm Q/Q Growth |
|
-17.54% |
-8.15% |
12.11% |
70.93% |
18.69% |
142.23% |
441.26% |
-325.84% |
59.18% |
-7.16% |
Invested Capital Q/Q Growth |
|
6.54% |
6.55% |
2.88% |
1.45% |
1.25% |
-4.00% |
-63.65% |
9.70% |
-1.69% |
-1.14% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
43.09% |
47.99% |
51.62% |
48.38% |
41.08% |
45.03% |
46.24% |
40.90% |
36.55% |
39.37% |
EBIT Margin |
|
37.16% |
41.43% |
44.63% |
40.06% |
32.67% |
33.92% |
34.88% |
31.61% |
30.61% |
33.09% |
Profit (Net Income) Margin |
|
24.66% |
27.27% |
29.75% |
28.24% |
29.41% |
28.19% |
28.23% |
25.61% |
24.67% |
26.25% |
Tax Burden Percent |
|
66.36% |
65.83% |
66.65% |
70.49% |
78.50% |
83.11% |
80.93% |
81.00% |
80.60% |
79.34% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
114.70% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
33.64% |
34.17% |
33.35% |
29.51% |
21.50% |
16.89% |
19.07% |
19.00% |
19.40% |
20.66% |
Return on Invested Capital (ROIC) |
|
2.08% |
1.92% |
1.81% |
1.57% |
1.44% |
1.53% |
2.31% |
1.77% |
1.08% |
1.14% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
2.08% |
1.92% |
1.81% |
1.57% |
1.44% |
1.53% |
2.31% |
1.77% |
1.08% |
1.14% |
Return on Net Nonoperating Assets (RNNOA) |
|
1.99% |
2.83% |
3.50% |
3.39% |
3.20% |
3.41% |
2.45% |
2.40% |
2.91% |
3.06% |
Return on Equity (ROE) |
|
4.07% |
4.75% |
5.31% |
4.95% |
4.64% |
4.95% |
4.76% |
4.17% |
3.99% |
4.20% |
Cash Return on Invested Capital (CROIC) |
|
-24.13% |
-9.57% |
-17.90% |
-0.53% |
-0.73% |
8.76% |
101.14% |
-114.18% |
-7.02% |
9.00% |
Operating Return on Assets (OROA) |
|
0.91% |
0.97% |
1.00% |
0.87% |
0.62% |
0.69% |
0.70% |
0.62% |
0.57% |
0.59% |
Return on Assets (ROA) |
|
0.60% |
0.64% |
0.67% |
0.61% |
0.56% |
0.57% |
0.56% |
0.50% |
0.46% |
0.47% |
Return on Common Equity (ROCE) |
|
4.07% |
4.75% |
5.31% |
4.95% |
4.64% |
4.95% |
4.76% |
4.17% |
3.99% |
4.20% |
Return on Equity Simple (ROE_SIMPLE) |
|
4.20% |
4.85% |
5.26% |
4.86% |
4.73% |
4.98% |
4.68% |
4.04% |
3.90% |
4.27% |
Net Operating Profit after Tax (NOPAT) |
|
73 |
81 |
89 |
85 |
80 |
83 |
81 |
75 |
75 |
80 |
NOPAT Margin |
|
24.66% |
27.27% |
29.75% |
28.24% |
29.41% |
28.19% |
28.23% |
25.61% |
24.67% |
26.25% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
46.74% |
46.17% |
46.48% |
48.75% |
54.91% |
49.34% |
53.59% |
54.05% |
54.36% |
51.40% |
Operating Expenses to Revenue |
|
63.86% |
61.28% |
61.06% |
63.58% |
71.00% |
65.06% |
68.25% |
68.04% |
69.88% |
67.41% |
Earnings before Interest and Taxes (EBIT) |
|
109 |
122 |
133 |
121 |
89 |
100 |
100 |
92 |
93 |
100 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
127 |
142 |
154 |
146 |
112 |
133 |
133 |
119 |
111 |
119 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.76 |
1.89 |
1.71 |
1.60 |
2.12 |
1.86 |
2.47 |
1.66 |
1.58 |
1.94 |
Price to Tangible Book Value (P/TBV) |
|
1.76 |
1.89 |
1.71 |
1.60 |
2.12 |
1.86 |
2.47 |
1.66 |
1.58 |
1.94 |
Price to Revenue (P/Rev) |
|
10.33 |
10.62 |
9.70 |
9.33 |
13.16 |
10.54 |
14.92 |
10.53 |
9.95 |
11.91 |
Price to Earnings (P/E) |
|
41.91 |
38.92 |
32.59 |
33.03 |
53.49 |
37.37 |
52.84 |
41.11 |
40.34 |
45.36 |
Dividend Yield |
|
2.98% |
3.87% |
5.30% |
7.55% |
9.90% |
9.99% |
7.36% |
10.34% |
10.43% |
8.79% |
Earnings Yield |
|
2.39% |
2.57% |
3.07% |
3.03% |
1.87% |
2.68% |
1.89% |
2.43% |
2.48% |
2.20% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.29 |
1.28 |
1.17 |
1.14 |
1.29 |
1.18 |
2.16 |
1.13 |
1.09 |
1.19 |
Enterprise Value to Revenue (EV/Rev) |
|
17.34 |
19.20 |
21.21 |
20.84 |
26.58 |
20.92 |
13.36 |
25.82 |
25.81 |
26.28 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
40.24 |
40.02 |
41.08 |
43.08 |
64.71 |
46.47 |
28.90 |
63.14 |
70.62 |
66.76 |
Enterprise Value to EBIT (EV/EBIT) |
|
46.66 |
46.36 |
47.51 |
52.03 |
81.38 |
61.68 |
38.30 |
81.68 |
84.32 |
79.43 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
70.32 |
70.42 |
71.28 |
73.81 |
90.38 |
74.21 |
47.32 |
100.84 |
104.62 |
100.11 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
50.00 |
66.80 |
62.62 |
68.44 |
70.40 |
50.77 |
46.10 |
193.15 |
86.78 |
89.93 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
12.98 |
1.08 |
0.00 |
0.00 |
12.72 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
1.28 |
1.67 |
2.19 |
2.13 |
2.32 |
2.13 |
0.02 |
2.62 |
2.75 |
2.59 |
Long-Term Debt to Equity |
|
1.28 |
1.67 |
2.19 |
2.13 |
2.32 |
2.13 |
0.02 |
2.62 |
2.75 |
2.59 |
Financial Leverage |
|
0.96 |
1.47 |
1.93 |
2.16 |
2.23 |
2.23 |
1.06 |
1.36 |
2.68 |
2.67 |
Leverage Ratio |
|
6.77 |
7.46 |
7.94 |
8.07 |
8.30 |
8.66 |
8.43 |
8.35 |
8.67 |
8.97 |
Compound Leverage Factor |
|
6.77 |
7.46 |
7.94 |
8.07 |
9.52 |
8.66 |
8.43 |
8.35 |
8.67 |
8.97 |
Debt to Total Capital |
|
56.19% |
62.51% |
68.69% |
68.10% |
69.88% |
68.09% |
2.34% |
72.34% |
73.35% |
72.13% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
56.19% |
62.51% |
68.69% |
68.10% |
69.88% |
68.09% |
2.34% |
72.34% |
73.35% |
72.13% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
43.81% |
37.49% |
31.31% |
31.90% |
30.12% |
31.91% |
97.66% |
27.66% |
26.65% |
27.87% |
Debt to EBITDA |
|
17.49 |
19.53 |
24.04 |
25.65 |
35.12 |
26.81 |
0.31 |
40.50 |
47.57 |
40.40 |
Net Debt to EBITDA |
|
16.26 |
17.90 |
22.30 |
23.80 |
32.67 |
23.07 |
-3.37 |
37.40 |
43.39 |
36.51 |
Long-Term Debt to EBITDA |
|
17.49 |
19.53 |
24.04 |
25.65 |
35.12 |
26.81 |
0.31 |
40.50 |
47.57 |
40.40 |
Debt to NOPAT |
|
30.56 |
34.36 |
41.71 |
43.94 |
49.05 |
42.82 |
0.51 |
64.68 |
70.48 |
60.58 |
Net Debt to NOPAT |
|
28.42 |
31.49 |
38.69 |
40.79 |
45.62 |
36.84 |
-5.52 |
59.73 |
64.28 |
54.76 |
Long-Term Debt to NOPAT |
|
30.56 |
34.36 |
41.71 |
43.94 |
49.05 |
42.82 |
0.51 |
64.68 |
70.48 |
60.58 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-842 |
-401 |
-880 |
-29 |
-41 |
476 |
3,547 |
-4,819 |
-488 |
626 |
Operating Cash Flow to CapEx |
|
1,849.00% |
930.56% |
2,437.78% |
1,100.14% |
2,726.34% |
0.00% |
6,219.52% |
1,684.51% |
1,778.51% |
2,891.64% |
Free Cash Flow to Firm to Interest Expense |
|
-7.43 |
-3.39 |
-6.76 |
-0.18 |
-0.19 |
2.24 |
22.49 |
-33.95 |
-1.49 |
1.37 |
Operating Cash Flow to Interest Expense |
|
0.90 |
0.72 |
0.78 |
0.57 |
0.48 |
0.57 |
0.53 |
0.27 |
0.28 |
0.19 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.85 |
0.64 |
0.75 |
0.52 |
0.46 |
0.67 |
0.52 |
0.26 |
0.26 |
0.19 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
Fixed Asset Turnover |
|
5.18 |
5.00 |
4.90 |
4.87 |
4.37 |
5.73 |
7.26 |
8.09 |
8.81 |
8.93 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
3,947 |
4,429 |
5,397 |
5,512 |
5,633 |
5,239 |
1,774 |
6,667 |
7,231 |
6,684 |
Invested Capital Turnover |
|
0.08 |
0.07 |
0.06 |
0.06 |
0.05 |
0.05 |
0.08 |
0.07 |
0.04 |
0.04 |
Increase / (Decrease) in Invested Capital |
|
915 |
481 |
968 |
114 |
121 |
-393 |
-3,466 |
4,894 |
563 |
-547 |
Enterprise Value (EV) |
|
5,105 |
5,672 |
6,336 |
6,304 |
7,252 |
6,183 |
3,834 |
7,519 |
7,872 |
7,968 |
Market Capitalization |
|
3,042 |
3,135 |
2,897 |
2,821 |
3,591 |
3,114 |
4,280 |
3,066 |
3,036 |
3,610 |
Book Value per Share |
|
$5.91 |
$5.82 |
$6.00 |
$6.27 |
$6.06 |
$5.97 |
$6.17 |
$6.57 |
$6.88 |
$6.64 |
Tangible Book Value per Share |
|
$5.91 |
$5.82 |
$6.00 |
$6.27 |
$6.06 |
$5.97 |
$6.17 |
$6.57 |
$6.88 |
$6.64 |
Total Capital |
|
3,947 |
4,429 |
5,397 |
5,512 |
5,633 |
5,239 |
1,774 |
6,667 |
7,231 |
6,684 |
Total Debt |
|
2,218 |
2,768 |
3,707 |
3,753 |
3,936 |
3,568 |
41 |
4,823 |
5,303 |
4,822 |
Total Long-Term Debt |
|
2,218 |
2,768 |
3,707 |
3,753 |
3,936 |
3,568 |
41 |
4,823 |
5,303 |
4,822 |
Net Debt |
|
2,063 |
2,537 |
3,439 |
3,483 |
3,661 |
3,070 |
-447 |
4,454 |
4,837 |
4,358 |
Capital Expenditures (CapEx) |
|
5.52 |
9.13 |
4.15 |
8.37 |
3.78 |
-21 |
1.34 |
2.31 |
5.10 |
3.06 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
2,218 |
2,768 |
3,707 |
3,753 |
3,936 |
3,568 |
41 |
4,823 |
5,303 |
4,822 |
Total Depreciation and Amortization (D&A) |
|
17 |
19 |
21 |
25 |
23 |
33 |
33 |
27 |
18 |
19 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.25 |
$0.28 |
$0.32 |
$0.31 |
$0.29 |
$0.30 |
$0.29 |
$0.26 |
$0.27 |
$0.28 |
Adjusted Weighted Average Basic Shares Outstanding |
|
289.94M |
281.57M |
277.21M |
275.59M |
275.40M |
275.86M |
276.69M |
277.37M |
277.44M |
278.18M |
Adjusted Diluted Earnings per Share |
|
$0.25 |
$0.28 |
$0.32 |
$0.30 |
$0.28 |
$0.29 |
$0.29 |
$0.26 |
$0.26 |
$0.28 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
292.21M |
283.79M |
279.27M |
277.30M |
277.37M |
277.80M |
278.58M |
278.69M |
278.58M |
279.14M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.25 |
$0.28 |
$0.32 |
$0.00 |
$0.29 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
289.90M |
283.47M |
281.07M |
280.21M |
280.03M |
560.49M |
561.53M |
560.82M |
280.36M |
280.71M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
73 |
81 |
89 |
85 |
80 |
83 |
81 |
75 |
75 |
80 |
Normalized NOPAT Margin |
|
24.66% |
27.27% |
29.75% |
28.24% |
29.41% |
28.19% |
28.23% |
25.61% |
24.67% |
26.25% |
Pre Tax Income Margin |
|
37.16% |
41.43% |
44.63% |
40.06% |
37.47% |
33.92% |
34.88% |
31.61% |
30.61% |
33.09% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.97 |
1.04 |
1.02 |
0.75 |
0.41 |
0.47 |
0.63 |
0.65 |
0.28 |
0.22 |
NOPAT to Interest Expense |
|
0.64 |
0.68 |
0.68 |
0.53 |
0.37 |
0.39 |
0.51 |
0.53 |
0.23 |
0.17 |
EBIT Less CapEx to Interest Expense |
|
0.92 |
0.96 |
0.99 |
0.70 |
0.39 |
0.57 |
0.63 |
0.63 |
0.27 |
0.21 |
NOPAT Less CapEx to Interest Expense |
|
0.59 |
0.61 |
0.65 |
0.48 |
0.35 |
0.49 |
0.51 |
0.51 |
0.21 |
0.17 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
26.85% |
29.07% |
31.18% |
44.06% |
62.89% |
66.57% |
69.92% |
78.18% |
77.47% |
74.07% |
Augmented Payout Ratio |
|
264.55% |
188.42% |
91.97% |
67.17% |
74.22% |
69.36% |
76.82% |
86.62% |
85.41% |
76.49% |
Quarterly Metrics And Ratios for TFS Financial
This table displays calculated financial ratios and metrics derived from TFS Financial's official financial filings.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
20.90% |
21.69% |
9.17% |
-3.06% |
-5.54% |
-6.11% |
3.36% |
1.20% |
-0.43% |
-0.76% |
2.62% |
EBITDA Growth |
|
55.16% |
17.48% |
-6.55% |
-5.47% |
-24.53% |
-5.00% |
23.90% |
14.45% |
-0.70% |
9.73% |
5.48% |
EBIT Growth |
|
50.97% |
38.35% |
3.44% |
2.46% |
-24.62% |
-7.08% |
29.36% |
16.03% |
-1.82% |
8.65% |
2.42% |
NOPAT Growth |
|
49.47% |
37.50% |
0.40% |
2.66% |
-23.15% |
-6.70% |
30.20% |
13.35% |
-6.81% |
8.30% |
1.49% |
Net Income Growth |
|
49.47% |
37.50% |
0.40% |
2.66% |
-23.15% |
-6.70% |
30.20% |
13.35% |
-6.81% |
8.30% |
1.49% |
EPS Growth |
|
33.33% |
33.33% |
0.00% |
0.00% |
-25.00% |
-12.50% |
16.67% |
16.67% |
16.67% |
14.29% |
0.00% |
Operating Cash Flow Growth |
|
68.11% |
929.25% |
-208.09% |
223.37% |
213.48% |
-53.91% |
139.82% |
186.48% |
-524.42% |
25.38% |
49.36% |
Free Cash Flow Firm Growth |
|
-239.78% |
-1,035.85% |
-412.84% |
-6.66% |
88.83% |
97.84% |
111.91% |
148.72% |
203.86% |
938.67% |
100.90% |
Invested Capital Growth |
|
275.90% |
38.15% |
31.25% |
21.01% |
8.45% |
0.89% |
-2.52% |
-8.07% |
-7.56% |
-4.57% |
-5.48% |
Revenue Q/Q Growth |
|
3.78% |
0.53% |
-7.12% |
0.03% |
1.13% |
-0.07% |
2.25% |
-2.05% |
-0.51% |
-0.40% |
5.73% |
EBITDA Q/Q Growth |
|
33.85% |
-13.50% |
-24.06% |
7.52% |
6.86% |
8.88% |
-0.96% |
-0.68% |
-7.28% |
20.31% |
-4.80% |
EBIT Q/Q Growth |
|
46.77% |
-9.72% |
-28.79% |
8.60% |
7.97% |
11.29% |
-0.87% |
-2.59% |
-8.64% |
23.16% |
-6.56% |
NOPAT Q/Q Growth |
|
48.32% |
-12.74% |
-28.32% |
10.66% |
11.04% |
5.94% |
0.03% |
-3.67% |
-8.71% |
23.12% |
-6.27% |
Net Income Q/Q Growth |
|
48.32% |
-12.74% |
-28.32% |
10.66% |
11.04% |
5.94% |
0.03% |
-3.67% |
-8.71% |
23.12% |
-6.27% |
EPS Q/Q Growth |
|
33.33% |
0.00% |
-25.00% |
0.00% |
0.00% |
16.67% |
0.00% |
0.00% |
0.00% |
14.29% |
-12.50% |
Operating Cash Flow Q/Q Growth |
|
-216.67% |
746.83% |
-145.28% |
194.64% |
-59.06% |
162.74% |
-60.88% |
580.76% |
-160.66% |
177.62% |
-53.40% |
Free Cash Flow Firm Q/Q Growth |
|
-312.32% |
61.52% |
11.05% |
24.44% |
56.82% |
92.57% |
591.07% |
209.17% |
-7.94% |
-40.00% |
17.64% |
Invested Capital Q/Q Growth |
|
9.70% |
2.97% |
2.93% |
4.08% |
-1.69% |
-4.21% |
-0.54% |
-1.85% |
-1.14% |
-1.11% |
-1.49% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
46.78% |
40.25% |
32.91% |
35.37% |
37.38% |
40.73% |
39.45% |
40.00% |
37.28% |
45.03% |
40.55% |
EBIT Margin |
|
38.99% |
35.01% |
26.84% |
29.14% |
31.11% |
34.65% |
33.60% |
33.41% |
30.68% |
37.94% |
33.53% |
Profit (Net Income) Margin |
|
31.83% |
27.63% |
21.33% |
23.59% |
25.90% |
27.46% |
26.87% |
26.42% |
24.24% |
29.97% |
26.57% |
Tax Burden Percent |
|
81.65% |
78.92% |
79.45% |
80.95% |
83.25% |
79.25% |
79.97% |
79.08% |
79.02% |
78.99% |
79.24% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
18.35% |
21.08% |
20.55% |
19.05% |
16.75% |
20.75% |
20.03% |
20.92% |
20.98% |
21.01% |
20.76% |
Return on Invested Capital (ROIC) |
|
2.20% |
1.43% |
1.07% |
1.09% |
1.14% |
1.20% |
1.17% |
1.14% |
1.06% |
1.34% |
1.21% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
2.20% |
1.43% |
1.07% |
1.09% |
1.14% |
1.20% |
1.17% |
1.14% |
1.06% |
1.34% |
1.21% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.99% |
3.26% |
2.60% |
2.86% |
3.05% |
3.24% |
3.18% |
3.08% |
2.82% |
3.46% |
3.05% |
Return on Equity (ROE) |
|
5.18% |
4.69% |
3.66% |
3.95% |
4.19% |
4.43% |
4.34% |
4.22% |
3.88% |
4.80% |
4.25% |
Cash Return on Invested Capital (CROIC) |
|
-114.18% |
-30.67% |
-25.73% |
-17.80% |
-7.02% |
0.18% |
3.67% |
9.56% |
9.00% |
5.88% |
6.85% |
Operating Return on Assets (OROA) |
|
0.76% |
0.71% |
0.54% |
0.56% |
0.58% |
0.63% |
0.61% |
0.60% |
0.55% |
0.67% |
0.60% |
Return on Assets (ROA) |
|
0.62% |
0.56% |
0.43% |
0.46% |
0.48% |
0.50% |
0.49% |
0.48% |
0.43% |
0.53% |
0.47% |
Return on Common Equity (ROCE) |
|
5.18% |
4.69% |
3.66% |
3.95% |
4.19% |
4.43% |
4.34% |
4.22% |
3.88% |
4.80% |
4.25% |
Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
4.36% |
4.40% |
4.30% |
0.00% |
3.95% |
4.12% |
4.23% |
0.00% |
4.25% |
4.30% |
Net Operating Profit after Tax (NOPAT) |
|
25 |
22 |
16 |
18 |
20 |
21 |
21 |
20 |
18 |
22 |
21 |
NOPAT Margin |
|
31.83% |
27.63% |
21.33% |
23.59% |
25.90% |
27.46% |
26.87% |
26.42% |
24.24% |
29.97% |
26.57% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
47.59% |
53.44% |
58.80% |
53.07% |
52.25% |
50.91% |
51.75% |
51.27% |
51.66% |
49.58% |
50.45% |
Operating Expenses to Revenue |
|
61.01% |
66.23% |
74.50% |
70.86% |
68.22% |
66.67% |
67.70% |
67.25% |
67.99% |
64.07% |
64.57% |
Earnings before Interest and Taxes (EBIT) |
|
31 |
28 |
20 |
22 |
23 |
26 |
26 |
25 |
23 |
28 |
27 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
37 |
32 |
25 |
26 |
28 |
31 |
30 |
30 |
28 |
34 |
32 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.66 |
1.92 |
1.73 |
1.71 |
1.58 |
2.02 |
1.81 |
1.85 |
1.94 |
1.84 |
1.83 |
Price to Tangible Book Value (P/TBV) |
|
1.66 |
1.92 |
1.73 |
1.71 |
1.58 |
2.02 |
1.81 |
1.85 |
1.94 |
1.84 |
1.83 |
Price to Revenue (P/Rev) |
|
10.53 |
11.60 |
10.16 |
10.44 |
9.95 |
12.58 |
11.39 |
11.67 |
11.91 |
11.65 |
11.42 |
Price to Earnings (P/E) |
|
41.11 |
43.95 |
39.25 |
39.82 |
40.34 |
51.18 |
43.85 |
43.78 |
45.36 |
43.36 |
42.63 |
Dividend Yield |
|
10.34% |
8.94% |
10.00% |
12.26% |
10.43% |
8.39% |
9.21% |
8.95% |
8.79% |
9.00% |
9.12% |
Earnings Yield |
|
2.43% |
2.28% |
2.55% |
2.51% |
2.48% |
1.95% |
2.28% |
2.28% |
2.20% |
2.31% |
2.35% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.13 |
1.18 |
1.13 |
1.12 |
1.09 |
1.20 |
1.14 |
1.16 |
1.19 |
1.17 |
1.17 |
Enterprise Value to Revenue (EV/Rev) |
|
25.82 |
26.56 |
25.59 |
26.71 |
25.81 |
27.60 |
25.88 |
25.79 |
26.28 |
25.63 |
25.05 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
63.14 |
65.50 |
65.30 |
68.49 |
70.62 |
75.39 |
67.68 |
65.49 |
66.76 |
63.40 |
61.53 |
Enterprise Value to EBIT (EV/EBIT) |
|
81.68 |
81.27 |
79.37 |
81.79 |
84.32 |
90.65 |
80.53 |
77.71 |
79.43 |
75.61 |
73.94 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
100.84 |
100.66 |
98.88 |
101.85 |
104.62 |
112.29 |
99.69 |
96.74 |
100.11 |
95.39 |
93.49 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
193.15 |
73.72 |
192.77 |
127.70 |
86.78 |
171.71 |
79.81 |
48.59 |
89.93 |
79.28 |
72.78 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
654.90 |
30.56 |
11.61 |
12.72 |
19.50 |
16.61 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
2.62 |
2.71 |
2.85 |
2.90 |
2.75 |
2.71 |
2.61 |
2.53 |
2.59 |
2.45 |
2.43 |
Long-Term Debt to Equity |
|
2.62 |
2.71 |
2.85 |
2.90 |
2.75 |
2.71 |
2.61 |
2.53 |
2.59 |
2.45 |
2.43 |
Financial Leverage |
|
1.36 |
2.28 |
2.43 |
2.63 |
2.68 |
2.71 |
2.73 |
2.71 |
2.67 |
2.58 |
2.52 |
Leverage Ratio |
|
8.35 |
8.40 |
8.50 |
8.65 |
8.67 |
8.93 |
8.89 |
8.85 |
8.97 |
9.02 |
8.97 |
Compound Leverage Factor |
|
8.35 |
8.40 |
8.50 |
8.65 |
8.67 |
8.93 |
8.89 |
8.85 |
8.97 |
9.02 |
8.97 |
Debt to Total Capital |
|
72.34% |
73.06% |
74.04% |
74.36% |
73.35% |
73.05% |
72.31% |
71.68% |
72.13% |
71.04% |
70.87% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
72.34% |
73.06% |
74.04% |
74.36% |
73.35% |
73.05% |
72.31% |
71.68% |
72.13% |
71.04% |
70.87% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
27.66% |
26.94% |
25.96% |
25.64% |
26.65% |
26.95% |
27.69% |
28.32% |
27.87% |
28.96% |
29.13% |
Debt to EBITDA |
|
40.50 |
40.48 |
42.82 |
45.33 |
47.57 |
46.05 |
43.04 |
40.54 |
40.40 |
38.38 |
37.21 |
Net Debt to EBITDA |
|
37.40 |
36.90 |
39.38 |
41.71 |
43.39 |
41.03 |
37.91 |
35.85 |
36.51 |
34.58 |
33.48 |
Long-Term Debt to EBITDA |
|
40.50 |
40.48 |
42.82 |
45.33 |
47.57 |
46.05 |
43.04 |
40.54 |
40.40 |
38.38 |
37.21 |
Debt to NOPAT |
|
64.68 |
62.22 |
64.85 |
67.40 |
70.48 |
68.59 |
63.40 |
59.89 |
60.58 |
57.75 |
56.54 |
Net Debt to NOPAT |
|
59.73 |
56.71 |
59.63 |
62.03 |
64.28 |
61.11 |
55.84 |
52.96 |
54.76 |
52.02 |
50.86 |
Long-Term Debt to NOPAT |
|
64.68 |
62.22 |
64.85 |
67.40 |
70.48 |
68.59 |
63.40 |
59.89 |
60.58 |
57.75 |
56.54 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-4,868 |
-1,874 |
-1,667 |
-1,259 |
-544 |
-40 |
198 |
614 |
565 |
339 |
399 |
Operating Cash Flow to CapEx |
|
-1,017.03% |
4,014.77% |
-7,136.80% |
2,130.60% |
1,313.01% |
5,167.28% |
1,750.12% |
11,599.88% |
-8,206.99% |
7,149.92% |
305.53% |
Free Cash Flow to Firm to Interest Expense |
|
-106.99 |
-29.36 |
-21.29 |
-14.33 |
-5.53 |
-0.37 |
1.77 |
5.31 |
4.71 |
2.86 |
3.50 |
Operating Cash Flow to Interest Expense |
|
-0.27 |
1.24 |
-0.46 |
0.38 |
0.14 |
0.34 |
0.13 |
0.84 |
-0.49 |
0.38 |
0.19 |
Operating Cash Flow Less CapEx to Interest Expense |
|
-0.29 |
1.20 |
-0.46 |
0.37 |
0.13 |
0.33 |
0.12 |
0.83 |
-0.50 |
0.38 |
0.13 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
Fixed Asset Turnover |
|
8.09 |
8.53 |
8.91 |
8.90 |
8.81 |
8.64 |
8.85 |
8.85 |
8.93 |
9.05 |
8.42 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
6,667 |
6,865 |
7,067 |
7,355 |
7,231 |
6,926 |
6,889 |
6,761 |
6,684 |
6,610 |
6,511 |
Invested Capital Turnover |
|
0.07 |
0.05 |
0.05 |
0.05 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.05 |
Increase / (Decrease) in Invested Capital |
|
4,894 |
1,896 |
1,682 |
1,277 |
563 |
61 |
-178 |
-594 |
-547 |
-316 |
-378 |
Enterprise Value (EV) |
|
7,519 |
8,115 |
7,978 |
8,263 |
7,872 |
8,283 |
7,832 |
7,828 |
7,968 |
7,756 |
7,630 |
Market Capitalization |
|
3,066 |
3,543 |
3,167 |
3,231 |
3,036 |
3,775 |
3,445 |
3,543 |
3,610 |
3,526 |
3,479 |
Book Value per Share |
|
$6.57 |
$6.60 |
$6.54 |
$6.73 |
$6.88 |
$6.72 |
$6.86 |
$6.82 |
$6.64 |
$6.82 |
$6.75 |
Tangible Book Value per Share |
|
$6.57 |
$6.60 |
$6.54 |
$6.73 |
$6.88 |
$6.72 |
$6.86 |
$6.82 |
$6.64 |
$6.82 |
$6.75 |
Total Capital |
|
6,667 |
6,865 |
7,067 |
7,355 |
7,231 |
6,926 |
6,889 |
6,761 |
6,684 |
6,610 |
6,511 |
Total Debt |
|
4,823 |
5,016 |
5,232 |
5,469 |
5,303 |
5,060 |
4,981 |
4,846 |
4,822 |
4,696 |
4,615 |
Total Long-Term Debt |
|
4,823 |
5,016 |
5,232 |
5,469 |
5,303 |
5,060 |
4,981 |
4,846 |
4,822 |
4,696 |
4,615 |
Net Debt |
|
4,454 |
4,572 |
4,811 |
5,033 |
4,837 |
4,508 |
4,387 |
4,286 |
4,358 |
4,230 |
4,151 |
Capital Expenditures (CapEx) |
|
1.20 |
1.96 |
0.50 |
1.59 |
1.05 |
0.70 |
0.81 |
0.83 |
0.72 |
0.64 |
6.95 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
4,823 |
5,016 |
5,232 |
5,469 |
5,303 |
5,060 |
4,981 |
4,846 |
4,822 |
4,696 |
4,615 |
Total Depreciation and Amortization (D&A) |
|
6.23 |
4.21 |
4.53 |
4.65 |
4.73 |
4.58 |
4.52 |
4.98 |
4.96 |
5.31 |
5.55 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.08 |
$0.08 |
$0.06 |
$0.06 |
$0.07 |
$0.07 |
$0.07 |
$0.07 |
$0.07 |
$0.08 |
$0.07 |
Adjusted Weighted Average Basic Shares Outstanding |
|
277.37M |
277.32M |
277.36M |
277.47M |
277.44M |
277.84M |
278.18M |
278.29M |
278.18M |
278.54M |
278.73M |
Adjusted Diluted Earnings per Share |
|
$0.08 |
$0.08 |
$0.06 |
$0.06 |
$0.06 |
$0.07 |
$0.07 |
$0.07 |
$0.07 |
$0.08 |
$0.07 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
278.69M |
278.46M |
278.50M |
278.59M |
278.58M |
279.00M |
279.05M |
279.22M |
279.14M |
279.58M |
279.72M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
560.82M |
280.33M |
280.33M |
280.33M |
280.36M |
280.71M |
280.71M |
280.71M |
280.71M |
280.80M |
280.84M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
25 |
22 |
16 |
18 |
20 |
21 |
21 |
20 |
18 |
22 |
21 |
Normalized NOPAT Margin |
|
31.83% |
27.63% |
21.33% |
23.59% |
25.90% |
27.46% |
26.87% |
26.42% |
24.24% |
29.97% |
26.57% |
Pre Tax Income Margin |
|
38.99% |
35.01% |
26.84% |
29.14% |
31.11% |
34.65% |
33.60% |
33.41% |
30.68% |
37.94% |
33.53% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.68 |
0.44 |
0.26 |
0.25 |
0.24 |
0.24 |
0.23 |
0.22 |
0.19 |
0.24 |
0.23 |
NOPAT to Interest Expense |
|
0.56 |
0.35 |
0.20 |
0.20 |
0.20 |
0.19 |
0.18 |
0.17 |
0.15 |
0.19 |
0.18 |
EBIT Less CapEx to Interest Expense |
|
0.66 |
0.41 |
0.25 |
0.23 |
0.23 |
0.24 |
0.22 |
0.21 |
0.19 |
0.23 |
0.17 |
NOPAT Less CapEx to Interest Expense |
|
0.53 |
0.32 |
0.20 |
0.18 |
0.19 |
0.19 |
0.18 |
0.17 |
0.15 |
0.18 |
0.12 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
78.18% |
72.25% |
72.23% |
71.75% |
77.47% |
79.17% |
74.60% |
72.62% |
74.07% |
72.66% |
72.60% |
Augmented Payout Ratio |
|
86.62% |
84.46% |
84.13% |
79.00% |
85.41% |
83.21% |
77.48% |
75.42% |
76.49% |
73.61% |
73.54% |
Key Financial Trends
TFS Financial Corp (NASDAQ:TFSL) has demonstrated consistent financial performance over the past four years, with detailed quarterly data available through Q2 2025. Below, we highlight key positive, neutral, and negative trends based on the income statement, cash flow, and balance sheet data.
- Steady growth in Net Interest Income: From Q2 2022 to Q2 2025, net interest income increased from approximately $69.3 million to $72.0 million in recent quarters, showing resilience despite rate fluctuations.
- Consistent net income growth: Quarterly net income has shown steady improvement, rising from about $15.9 million in Q2 2023 to $21.0 million in Q2 2025, with EPS increasing modestly from $0.06 to $0.07.
- Solid asset growth: Total assets have grown from around $15.4 billion in Q3 2022 to over $17.1 billion by Q2 2025, driven largely by increasing loans and leases balances.
- Maintained dividend payouts: Cash dividends per share have remained stable at $0.2825 quarterly, indicating a commitment to returning capital to shareholders.
- Strong operating cash flow: Positive net cash from operating activities in recent quarters (e.g., $21.2 million in Q2 2025) supports sustained operations and investment capacity.
- Stable loan portfolio: Loans and leases net of allowance grew steadily over four years, indicating both expansion and effective loss provisioning, with allowance balances rising moderately as well.
- Moderate increase in non-interest expenses: Salaries, marketing, and operating expenses have gradually increased, reflecting business growth but also increased operational costs.
- Variations in investment activities: Cash flows show large swings in investing activities across quarters, influenced by purchase and sale of securities, which are typical but add variability to cash flow profiles.
- Debt and deposits trends: While deposits and long-term debt have increased, supporting asset growth, repayment and issuance activities cause some refinancing risk and interest cost variability.
- Rising interest expense on long-term debt: Interest paid on long-term debt has steadily increased from about $14.3 million in Q3 2022 to nearly $38.5 million by Q2 2025, pressuring net interest margins.
- Increasing non-interest expenses: Total non-interest expenses have risen from roughly $48.7 million in Q4 2022 to about $51.1 million in Q2 2025, which could weigh on profitability if not managed.
Overall, TFS Financial exhibits stable growth in core banking operations with improving profitability and asset base. However, investors should note the gradual rise in interest expenses and operational costs, which may pressure margins if loan yields or fee income do not increase. The company’s consistent dividends and positive net operating cash flows are encouraging signs of financial health.
10/05/25 07:36 PM ETAI Generated. May Contain Errors.