TFS Financial Corporation (TFSL) — Fundamental Analysis & Key Financial Ratios

Kaplio overview: TFS Financial Corporation

Market cap $5B · 52 weeks $13 – $19 (10 % below the high) · P/E 45.7× · 2027 est. P/E 42.4× · Dividend 7.0 % · Next earnings January 28, 2027 · expected EPS $0.10 · Closing price, Nov 2 · accounts published Oct 29.

• Valuation: P/B 2.3× (expensive).
• Business: ROTCE 4.8 % (weak).
• Balance sheet: Capital/assets 10.8 % (solid).
• Earnings: 3 of 8 (disappointing).

What would it be worth at its usual multiples?

At Kaplio's cap P/B for its ROTCE 4.8 % (0.8×) $6 (-65 %); at its peers' median (1.2×) $9 (-46 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

What matters in banking: 2 of 5 pass

• ROA 0.6 %, fails.
• ROTCE 4.8 %, fails.
• P/B (Price / Book) 2.3×, fails.
• Equity / Assets (Tier 1 proxy) 10.8 %, passes.
• Sustainable dividend yield 7.1 %, passes.

Against its peers (reference peers) — TFS Financial Corporation: P/E 45.7×; P/B 2.3×; ROE 5.2 %; $4.6B. WSFS Financial Corporation (P/E 12.7×; P/B 1.6×; ROE 12.4 %; $4.1B), Northwest Bancshares, Inc. (P/E 11.6×; P/B 1.2×; ROE 10.5 %; $2.3B), Fulton Financial Corporation (P/E 11.2×; P/B 1.2×; ROE 11.4 %; $4.6B).

Expensive or cheap against its last ten fiscal years?

P/B at each close: today 2.3× · median 2.5× · minimum 1.7× · maximum 3.7× · cheap below 2.1× · expensive above 2.8×. It has been cheaper than today only 42% of the time over its last ten fiscal years.

Dividend

tight (only raised recently) · Yield 7.0 % ($0.21 per share in 2025) · Years raising it 2 · 5-year growth +1 % a year · Free cash flow coverage payout 66 % · With $1,000 invested today you'd collect $70.50 a year ($5.88 a month).