TFS Financial Corp 2026年季度报告

TFS FINANCIAL CORPORATION (Exact Name of Registrant as Specified in its Charter)________________________________________ 52-2054948(I.R.S. EmployerIdentification No.) 44105(Zip Code) (216) 441-6000Registrant’s telephone number, including area code:Not Applicable(Former name, former address and former fiscal year, if changed since last report)________________________________________ Securities registered pursuant to Section 12(b) of the Act Name of each exchange in which registered The NASDAQ Stock Market, LLC Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 duringthe preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2)has been subject to such filing requirementsfor the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer” “smaller reporting company,” and "emerging growth company" inRule 12b-2 of the Exchange Act. If an emerging company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No As of February3, 2026, there were 280,570,799 shares of the Registrant’s common stock, par value $0.01 per share, outstanding, of which 227,119,132 shares,or 80.9% of the Registrant’s common stock, were held by Third Federal Savings and Loan Association of Cleveland, MHC, the Registrant’s mutual holdingcompany. TFS Financial CorporationINDEX Glossary of Terms PART l – FINANCIAL INFORMATIONItem1.Financial Statements (unaudited)Consolidated Statements of ConditionDecember 31, 2025 and September 30, 20254Consolidated Statements of IncomeThree Months Ended December 31, 2025 and 20245Consolidated Statements of Comprehensive Income (Loss)Three Months Ended December 31, 2025 and 20246Consolidated Statements of Shareholders’ EquityThree Months Ended December 31, 2025 and 20247Consolidated Statements of Cash FlowsThree Months Ended December 31, 2025 and 20248Notes to Unaudited Interim Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations34Item 3.Quantitative and Qualitative Disclosures about Market Risk57Item 4.Controls and Procedures60Part II — OTHER INFORMATIONItem 1.Legal Proceedings61Item1A.Risk Factors61Item 2.Unregistered Sales of Equity Securities and Use of Proceeds61Item 3.Defaults Upon Senior Securities61Item 4.Mine Safety Disclosures61Item 5.Other Information62Item 6.Exhibits62SIGNATURES63 GLOSSARY OF TERMS TFS Financial Corporation provides the following list of acronyms and defined terms as a tool for the reader. The acronyms and defined termsidentified below are used throughout the document. TFS FINANCIAL CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CONDITION (unaudited)(In thousands, except share data) TFS FINANCIAL CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME (unaudited)(In thousands, except share and per share data) TFS FINANCIAL CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (unaudited)(In thousands) TFS FINANCIAL CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (unaudited)(In thousands, except share and per share data) TFS FINANCIAL CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (In thousands) TFS FINANCIAL CORPORATION AND SUBSIDIARIESNOTES TO UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS(Dollars in thousands unless otherwise indicated) 1.BASIS OF PRESENTATION TFS Financial Corporation, a federally chartered stock holding company, conducts its principal activities through its wholly ownedsubsidiaries. The principal line of business of the Company is retail consumer banking, including mortgage lending, deposit gathering, andother financial services. As of December31, 2025, approximately 80.9% of the Company’s outstanding shares were owned by the federallychartered mutual holding company, Third Federal Savings, MHC. The thrift subsidiary of TFS Financial Corporation is Third Federal Savingsand Loan Association of Cleveland. The accounting and financial reporting policies followed by the Company conform in all material respects to U.S. GAAP and to generalp