TFSL Financial Services

TFS Financial Corporation

$16.44-0.48%

Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026

Basics

Sector: Financial Services
Industry: Banks - Regional
Country: United States
Market cap: 4.6B USD
Full-time employees: 958

Overall health

Strength: growing faster than most peersgrowing faster than peers
Drawback: less profitable than most peersless profitable than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Ranks #705 of 791 banks & insurance companies (bottom 11%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Stock pay outran buybacks. Stock-based pay expense $29M vs $12M spent repurchasing shares over the 3 fiscal years to FY Sep 2025. Shares outstanding changed −0.0% from September 2022 to August 2026.
Over three fiscal years TFS Financial recorded $29M of stock-based pay expense and spent $12M repurchasing shares (repurchases can include shares withheld to cover employees' taxes). Repurchases were smaller than the stock pay, so they did little to offset new employee shares.Over three fiscal years TFS Financial recorded $29M of stock-based pay expense and spent $12M repurchasing shares. Repurchases were smaller than the stock pay, so they did little to offset new employee shares.

StockQuotient Score

28/ 100

Oct 5 28 → Nov 4 28

Valuation

Is the price right?

6/100

Weak

2/2 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ Earnings yield
▼ P/B

Compare with peers

Behind the score

Earnings yield (P/E) and book yield (P/B) versus other banks and insurers.

Book yield42.5%

SEC filings · latest balance sheetReported value40% base weight · Z-score -1.30Sector median: 0.7950 · MAD: 0.2843

Earnings yield2.2%

SEC filings · 12 months to Jun 2026Reported value60% base weight · Z-score -2.24Sector median: 0.0789 · MAD: 0.0253

Other data (not scored)

EBITDA yieldUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1095 · MAD: 0.0527

Free cash flow yield1.9%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported valueInformational · 0% composite weightSector median: 0.0796 · MAD: 0.0459

Growth

Is it growing?

61/100

Moderate▲ 1 since Oct 27 close

1/1 inputs reported · High confidence

Since last quarter: No major change

Why it changed since the Oct 27, 2026 close: Score 60 → 61

Peer companies moved+1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Stronger than most peers on:

▲ EPS growth

Compare with peers

Behind the score

Earnings-per-share growth versus other banks and insurers.

Earnings per share growth22.8%

SEC filings · 12 months to Jun 2026Reported value100% base weight · Z-score 0.38Sector median: 0.1599 · MAD: 0.1775

Other data (not scored)

3-year revenue growth3.4%

Yahoo Finance fallback · SEC figure unavailable or out of date · 3 fiscal years to Sep 2025Reported valueInformational · 0% composite weightSector median: 0.0826 · MAD: 0.0558

Revenue growth6.0%

Yahoo Finance fallback · SEC figure unavailable or out of date · fiscal year to Sep 2025Reported valueInformational · 0% composite weightSector median: 0.0866 · MAD: 0.0782

Profitability

Does it earn well?

17/100

Weak

2/2 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ ROE
▼ ROA

Compare with peers

Behind the score

Return on equity and return on assets versus other banks and insurers.

Return on assets0.6%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -0.97Sector median: 0.0117 · MAD: 0.0062

Return on equity5.2%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -1.42Sector median: 0.1074 · MAD: 0.0388

Other data (not scored)

Gross marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Operating marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1450 · MAD: 0.1678

Return on invested capitalUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Risk

Debt, liquidity, price swings

Not rated

Not rated for banks and insurers: debt and share-price swings say little about their risk. We leave it blank rather than fill the gap with a made-up middle value.

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about TFS Financial

Is TFS Financial getting weaker?: Its latest SEC filing (Aug 6, 2026) showed no major changes. Its overall score is unchanged at 28/100 since Oct 28, 2026.
How is TFS Financial valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 6/100 against 950 banks & insurance peers. Earnings yield 2.2% vs a peer median of 7.9% (weaker than 91% of peers).Earnings yield 2.2% vs peers 7.9% (weaker than 91% of peers).
Is TFS Financial growing?: Yes, faster than most of its peers. Growth scores 61/100 against 950 banks & insurance peers. Earnings per share growth 22.8% vs a peer median of 16.0% (stronger than 61% of peers).Earnings per share growth 22.8% vs peers 16.0% (stronger than 61% of peers).
How profitable is TFS Financial?: Less profitable than most of its peers. Profitability scores 17/100 against 950 banks & insurance peers. Return on equity 5.2% vs a peer median of 10.7% (weaker than 84% of peers).Return on equity 5.2% vs peers 10.7% (weaker than 84% of peers).
How risky is TFS Financial?: Not rated for banks and insurers: debt and share-price swings say little about their risk.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

Worth watching: TFS Financial is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.

	Previous quarter	Latest quarter	Change
Net income (12 months)	93.0M USD	102.1M USD	+9.7%
Free cash flow (12 months)	82.3M USD	86.3M USD	+4.9%
Cash	437.3M USD	568.9M USD	+30.1%
Shares outstanding	280.4M	280.4M	+0.0%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Industry: Banks - Regional · 119 companies

Valuations in Banks - Regional are within their usual range since 2016.

45% of months since 2016 were valued lower than now.
14% of companies are in the most expensive fifth of their own price-to-book history.
Over 24 months, company values +29% and earnings +32% (medians): prices and earnings moved broadly together.
Median price-to-book is −61% vs the whole market, against a usual −59%.

2016Shaded: most expensive fifth of its range2026

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY Sep 2021	FY Sep 2022	FY Sep 2023	FY Sep 2024	FY Sep 2025	Change
Return on assets (ROA)	0.6%	0.5%	0.4%	0.5%	0.5%	▲ 0.1 pts
Return on equity (ROE)	4.7%	4.0%	3.9%	4.3%	4.8%	▲ 0.5 pts

TFSL price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

White Mountains Insurance Group, Ltd.WTM94/ 100

The Allstate CorporationALL93/ 100

PT Saratoga Investama Sedaya TbkSRTG.JK93/ 100

Bringing the fundamentals into focus…

Overall health

Strength: growing faster than most peersgrowing faster than peers

Drawback: less profitable than most peersless profitable than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Ranks #705 of 791 banks & insurance companies (bottom 11%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Stock pay outran buybacks. Stock-based pay expense $29M vs $12M spent repurchasing shares over the 3 fiscal years to FY Sep 2025. Shares outstanding changed −0.0% from September 2022 to August 2026.

Over three fiscal years TFS Financial recorded $29M of stock-based pay expense and spent $12M repurchasing shares (repurchases can include shares withheld to cover employees' taxes). Repurchases were smaller than the stock pay, so they did little to offset new employee shares.Over three fiscal years TFS Financial recorded $29M of stock-based pay expense and spent $12M repurchasing shares. Repurchases were smaller than the stock pay, so they did little to offset new employee shares.

Questions investors ask about TFS Financial

Is TFS Financial getting weaker?

Its latest SEC filing (Aug 6, 2026) showed no major changes. Its overall score is unchanged at 28/100 since Oct 28, 2026.

How is TFS Financial valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 6/100 against 950 banks & insurance peers. Earnings yield 2.2% vs a peer median of 7.9% (weaker than 91% of peers).Earnings yield 2.2% vs peers 7.9% (weaker than 91% of peers).

Is TFS Financial growing?

Yes, faster than most of its peers. Growth scores 61/100 against 950 banks & insurance peers. Earnings per share growth 22.8% vs a peer median of 16.0% (stronger than 61% of peers).Earnings per share growth 22.8% vs peers 16.0% (stronger than 61% of peers).

How profitable is TFS Financial?

Less profitable than most of its peers. Profitability scores 17/100 against 950 banks & insurance peers. Return on equity 5.2% vs a peer median of 10.7% (weaker than 84% of peers).Return on equity 5.2% vs peers 10.7% (weaker than 84% of peers).

How risky is TFS Financial?

Not rated for banks and insurers: debt and share-price swings say little about their risk.

Previous quarter

Latest quarter

Change

Net income (12 months)

93.0M USD

102.1M USD

+9.7%

Free cash flow (12 months)

82.3M USD

86.3M USD

+4.9%

Cash

437.3M USD

568.9M USD

+30.1%

Shares outstanding

280.4M

280.4M

+0.0%

Key ratios

FY Sep 2021

FY Sep 2022

FY Sep 2023

FY Sep 2024

FY Sep 2025

Change

Return on assets (ROA)

0.6%

0.5%

0.4%

0.5%

▲ 0.1 pts

Return on equity (ROE)

4.7%

4.0%

3.9%

4.3%

4.8%

▲ 0.5 pts