TFS Financial Reports Record Profit of $100.7 Million in 2026
Key Highlights
- ➤Fiscal 2026 net income $100.7M, up 10.7% year over year
- ➤Fiscal 2026 net interest income $321.8M, up 9.9%
- ➤Net interest margin improved to 1.88% from 1.76%
- ➤Fourth-quarter net income $24.7M, down 19.0% sequentially
- ➤Loan delinquencies rose to $60.7M, or 0.37% of receivables
Expert Statements
Marc A. Stefanski, Chairman and CEO of TFS Financial Corporation
“This year was another milestone for Third Federal, passing $100 million in net income, driven by continued net margin improvement to 1.88%, and a 39% increase in mortgage loan originations from 2025,”
Marc A. Stefanski, Chairman and CEO of TFS Financial Corporation
“With the significant investment we made in a new core banking system and a strong Tier 1 capital leverage ratio of 10.53%, we are well-positioned to continue to grow and effectively serve our customers.”
TFS Financial Reports Record Profit of $100.7 Million in 2026
TFS Financial Corporation (NASDAQ: TFSL) (the "Company", "we", "our"), the holding company for Third Federal Savings and Loan Association of Cleveland (the "Association"), announced net income of $100.7 million for the fiscal year ended September 30, 2026, an increase of $9.7 million, or 10.7%, compared to $91.0 million for the fiscal year ended September 30, 2025. Net income for the quarter ended September 30, 2026 was $24.7 million compared to $30.5 million for the quarter ended June 30, 2026, a decrease of $5.8 million, or 19.0%.
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