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TFS Financial (TFS Financial) Retained Earnings : $906.9 Mil (As of Mar. 2024)


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What is TFS Financial Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TFS Financial's retained earnings for the quarter that ended in Mar. 2024 was $906.9 Mil.

TFS Financial's quarterly retained earnings increased from Sep. 2023 ($887.0 Mil) to Dec. 2023 ($901.0 Mil) and increased from Dec. 2023 ($901.0 Mil) to Mar. 2024 ($906.9 Mil).

TFS Financial's annual retained earnings increased from Sep. 2021 ($853.7 Mil) to Sep. 2022 ($870.0 Mil) and increased from Sep. 2022 ($870.0 Mil) to Sep. 2023 ($887.0 Mil).


TFS Financial Retained Earnings Historical Data

The historical data trend for TFS Financial's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TFS Financial Retained Earnings Chart

TFS Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 837.66 865.51 853.66 870.05 886.98

TFS Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 879.05 882.03 886.98 900.97 906.91

TFS Financial Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


TFS Financial  (NAS:TFSL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


TFS Financial (TFS Financial) Business Description

Traded in Other Exchanges
Address
7007 Broadway Avenue, Cleveland, OH, USA, 44105
TFS Financial Corp is the holding company for the Third Federal Savings and Loan Association of Cleveland. The company's ownership in the savings and loan association is its primary business activity. The association's principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits. It does so by offering products with competitive rates and yields. The company also operates Third Capital, a wholly owned subsidiary that serves as a holding company or as an investor in vehicles such as private equity funds. Third Capital has interests in lease transactions of commercial buildings, title agencies providing escrow and settlement services, and reinsurance of private mortgage insurance on residential loans.
Executives
Daniel Fabian Weir director 7007 BROADWAY AVE, CLEVELAND OH 44105
Russell Clay Holmes officer: Chief Retail Officer 7007 BROADWAY, CLEVELAND OH 44105
Meredith S Weil officer: Chief Retail Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Ashley H Williams director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Benjamin Stefanski Gavin officer: Chief Lending Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Marc A Stefanski director, officer: Chairman, President and CEO 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Barbara J. Anderson director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Anthony J Asher director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Timothy W Mulhern officer: Finance Manager - Future CFO 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Martin J Cohen director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Bradley Taylor Stefanski officer: Chief Strategy Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Paul J Huml officer: Chief Operating Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Robert A Fiala director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
William C Mulligan director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Susanne Noel Miller officer: Chief Accounting Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105

TFS Financial (TFS Financial) Headlines

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