Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag TFS Financial missed earnings and revenue forecasts, causing its stock to drop 9.2% despite a high dividend yield.

flag TFS Financial (TFSL) shares dropped 9.2% on Friday after reporting third-quarter earnings of $0.08 per share, missing the $0.09 estimate, and revenue of $83.73 million, below the $84.97 million forecast. flag The stock closed at $13.34, with trading volume far below average. flag The company, which operates TFS Capital Bank in Austin, Texas, offers commercial banking and specialty finance to small and mid-sized businesses. flag Despite a dividend yield of 8.3% and an annualized payout of $1.13, the payout ratio of 353% suggests dividends exceed earnings. flag Analysts maintain a consensus "Hold" rating with a $15.00 target. flag Insiders sold $665,316 in shares over three months.

4 Articles