Headquartered in Cleveland, OH Fiscal year ends September NASDAQ: TFSL thirdfederal.com
TFS Financial Corporation is the holding company for Third Federal Savings and Loan Association of Cleveland, a savings institution focused on residential mortgage lending and home equity products. Founded in 1938, the Association provides savings and mortgage products to consumers across 28 states and the District of Columbia. The company operates 21 full-service branches in Northeast Ohio, two lending offices in Central and Southern Ohio, and 14 full-service branches in Florida. Its lending activities are concentrated in residential first mortgages and home equity loans and lines of credit, with a total loan portfolio exceeding $16 billion. TFS Financial also utilizes correspondent banking relationships to drive mortgage originations. The company funds its operations through retail deposits, brokered certificates of deposit, and borrowed funds primarily from the Federal Home Loan Bank of Cincinnati. TFS Financial is majority-owned by Third Federal Savings and Loan Association of Cleveland, MHC, a mutual holding company that holds approximately 81% of the outstanding stock. The company trades on NASDAQ under the ticker TFSL. Updated
CME Group leads today's dividend payers, sending shareholders about $467 million, or $1.30 a share, on September 25. TFS Financial, Qifu Technology, News Corp and Avnet are also paying out this month.
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TFS Financial Corporation is the holding company for Third Federal Savings and Loan Association of Cleveland, a savings institution focused on residential mortgage lending and home equity products.
24/7 Wall St.'s 12-month price target for TFSL is $19.81, rated Buy. The Wall Street consensus target is $18.25. TFSL price prediction →
