TFS Financial CORP
For the period ended Mar 31, 2024. Filed May 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
TFSL$16.59+1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (unaudited)
(In thousands, except share and per share data)
| Commonstock | Paid-incapital | Treasurystock | Unallocatedcommon stockheld by ESOP | Retainedearnings | Accumulated othercomprehensiveincome (loss) | Totalshareholders’equity | |
|---|---|---|---|---|---|---|---|
| Balance at December 31, 2022 | $3,323 | $1,751,020 | $(775,154) | $(30,334) | $877,713 | $23,021 | $1,849,589 |
| Net income | — | — | — | — | 15,908 | — | 15,908 |
| Other comprehensive income (loss), net of tax | — | — | — | — | — | (18,320) | (18,320) |
| ESOP shares allocated or committed to be released | — | 435 | — | 1,084 | — | — | 1,519 |
| Compensation costs for equity incentive plans | — | 1,068 | — | — | — | — | 1,068 |
| Purchase of treasury stock (46,869 shares) | — | — | (684) | — | — | — | (684) |
| Treasury stock allocated to equity incentive plan | — | (15) | (14) | — | — | — | (29) |
| Dividends declared to common shareholders ($0.2825 per common share) | — | — | — | — | (14,575) | — | (14,575) |
| Balance at March 31, 2023 | $3,323 | $1,752,508 | $(775,852) | $(29,250) | $879,046 | $4,701 | $1,834,476 |
| Commonstock | Paid-incapital | Treasurystock | Unallocatedcommon stockheld by ESOP | Retainedearnings | Accumulated othercomprehensiveincome (loss) | Totalshareholders’equity | |
| Balance at December 31, 2023 | $3,323 | $1,750,440 | $(772,195) | $(26,000) | $900,973 | $10,186 | $1,866,727 |
| Net income | — | — | — | — | 20,713 | — | 20,713 |
| Other comprehensive income, net of tax | — | — | — | — | — | 32,232 | 32,232 |
| ESOP shares allocated or committed to be released | — | 349 | — | 1,083 | — | — | 1,432 |
| Compensation costs for equity incentive plans | — | 1,171 | — | — | — | — | 1,171 |
| Dividends declared to common shareholders ($0.2825 per common share) | — | — | — | — | (14,778) | — | (14,778) |
| Balance at March 31, 2024 | $3,323 | $1,751,960 | $(772,195) | $(24,917) | $906,908 | $42,418 | $1,907,497 |
| Commonstock | Paid-incapital | Treasurystock | Unallocatedcommon stockheld by ESOP | Retainedearnings | Accumulated othercomprehensiveincome (loss) | Totalshareholders’equity | |
|---|---|---|---|---|---|---|---|
| Balance at September 30, 2022 | $3,323 | $1,751,223 | $(771,986) | $(31,417) | $870,047 | $23,149 | $1,844,339 |
| Net income | — | — | — | — | 38,101 | — | 38,101 |
| Other comprehensive income (loss), net of tax | — | — | — | — | — | (18,448) | (18,448) |
| ESOP shares allocated or committed to be released | — | 832 | — | 2,167 | — | — | 2,999 |
| Compensation costs for equity incentive plans | — | 2,219 | — | — | — | — | 2,219 |
| Purchase of treasury stock (361,869 shares) | — | — | (5,000) | — | — | — | (5,000) |
| Treasury stock allocated to equity incentive plan | — | (1,766) | 1,134 | — | — | — | (632) |
| Dividends declared to common shareholders ($0.5650 per common share) | — | — | — | — | (29,102) | — | (29,102) |
| Balance at March 31, 2023 | $3,323 | $1,752,508 | $(775,852) | $(29,250) | $879,046 | $4,701 | $1,834,476 |
| Commonstock | Paid-incapital | Treasurystock | Unallocatedcommon stockheld by ESOP | Retainedearnings | Accumulated othercomprehensiveincome (loss) | Totalshareholders’equity | |
| Balance at September 30, 2023 | $3,323 | $1,755,027 | $(776,101) | $(27,084) | $886,984 | $85,212 | $1,927,361 |
| Cumulative effect from changes in accounting principle, net of tax1 | — | — | — | — | 7,898 | — | 7,898 |
| Net income | — | — | — | — | 41,420 | — | 41,420 |
| Other comprehensive income (loss), net of tax | — | — | — | — | — | (42,794) | (42,794) |
| ESOP shares allocated or committed to be released | — | 671 | — | 2,167 | — | — | 2,838 |
| Compensation costs for equity incentive plans | — | 2,086 | — | — | — | — | 2,086 |
| Treasury stock allocated to equity incentive plan | — | (5,824) | 3,906 | — | — | — | (1,918) |
| Dividends declared to common shareholders ($0.5650 per common share) | — | — | — | — | (29,394) | — | (29,394) |
| Balance at March 31, 2024 | $3,323 | $1,751,960 | $(772,195) | $(24,917) | $906,908 | $42,418 | $1,907,497 |
| 1Related to ASU 2022-02 adopted October 1, 2023. | |||||||
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