TFS Financial (TFSL) Misses Q4 EPS by 1c

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TFS Financial Corporation's Earnings Highest Since 2007 IPO

October 29, 2014 4:04 PM EDT

CLEVELAND, Oct. 29, 2014 (GLOBE NEWSWIRE) -- TFS Financial Corporation (Nasdaq: TFSL) (the "Company"), the holding company for Third Federal Savings and Loan Association of Cleveland (the "Association"), today announced results for the three months and fiscal year ended September 30, 2014.

The Company reported net income of $65.9 million for the fiscal year ended September 30, 2014, compared to net income of $56.0 million for the fiscal year ended September 30, 2013. The increase in net income for the fiscal year is primarily the result of a decrease in the provision for loan losses, but also impacted by an increase in... More