TFS Financial Corporation (TFSL)

TFS Financial Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Interest Income on Loans	673.8	663.69	565.61	395.69	381.89	440.7
Interest Income on Investments	69.88	70.39	46.31	13.64	7.46	14.6
Total Interest Income	743.68	734.07	611.92	409.33	389.35	455.3
Interest Paid on Deposits	306.34	292.73	174.2	76.94	97.32	140.24
Interest Paid on Borrowings	159.65	162.89	154.15	64.99	60.4	72.79
Total Interest Expense	465.99	455.62	328.35	141.94	157.72	213.03
Net Interest Income	277.69	278.46	283.57	267.4	231.63	242.27
Net Interest Income Growth (YoY)	0.07%	-1.80%	6.05%	15.44%	-4.39%	-8.72%
Gain (Loss) on Sale of Assets	-	-	-	-	-	4.67
Other Non-Interest Income	21.51	21.96	20.93	22.67	22.22	20.14
Total Non-Interest Income	24.89	24.7	21.43	23.8	55.3	53.25
Non-Interest Income Growth (YoY)	10.20%	15.27%	-9.98%	-56.95%	3.85%	160.22%
Revenues Before Loan Losses	302.58	303.16	305	291.2	286.93	295.52
Provision for Loan Losses	-2	-1.5	-1.5	1	-9	3
Revenue	304.58	304.66	306.5	290.2	295.93	292.52
Revenue Growth (YoY)	0.99%	-0.60%	5.62%	-1.94%	1.17%	-1.14%
Salaries and Employee Benefits	97.74	98.28	102.78	98.33	95.16	91.89
Occupancy Expenses	28.31	28.31	27.73	26.78	25.71	25.3
Federal Deposit Insurance	14.38	14.57	13.45	9.36	9.09	10.63
Selling, General & Administrative	28.49	29.23	35.29	32.27	32.89	28.63
Other Non-Interest Expense	33.09	33.95	33.87	31.4	33	35.83
Total Non-Interest Expense	202.01	204.35	213.13	198.15	195.84	192.27
EBT Excluding Unusual Items	102.57	100.31	93.37	92.05	100.09	100.25
Pretax Income	102.57	100.31	93.37	92.05	100.09	100.25
Income Tax Expense	21.27	20.73	18.12	17.49	19.09	16.93
Net Income	81.31	79.59	75.25	74.57	81.01	83.32
Preferred Dividends & Other Adjustments	1.37	1.43	1.57	1.51	1.56	1.58
Net Income to Common	79.93	78.16	73.68	73.06	79.45	81.74
Net Income Growth	10.23%	5.76%	0.92%	-7.95%	-2.77%	3.84%
Basic Shares Outstanding	278	278	277	277	277	276
Diluted Shares Outstanding	279	279	279	279	279	278
Shares Change (YoY)	0.20%	0.20%	-0.04%	0.04%	0.28%	0.15%
EPS (Basic)	0.29	0.28	0.27	0.26	0.29	0.30
EPS (Diluted)	0.29	0.28	0.26	0.26	0.29	0.29
EPS Growth	14.86%	7.69%	-0.00%	-9.45%	-0.98%	3.57%
Dividend Per Share	1.130	1.130	1.130	1.130	1.123	1.110
Dividend Growth	0%	0%	0%	0.67%	1.13%	8.82%
Effective Tax Rate	20.73%	20.66%	19.40%	19.00%	19.07%	16.89%

Source: S&P Capital IQ. Banks template. Financial Sources.