Tfs Financial traded at $16.82 this Friday October 2nd, increasing $0.38 or 2.31 percent since the previous trading session. Looking back, over the last four weeks, Tfs Financial gained 3.89 percent. Over the last 12 months, its price rose by 25.90 percent. Looking ahead, we forecast Tfs Financial to be priced at 16.46 by the end of this quarter and at 15.41 in one year, according to Trading Economics global macro models projections and analysts expectations.
TFS Financial Corporation is the holding company of Third Federal Savings and Loan Association of Cleveland (Association). The principal line of business of the Company is retail consumer banking, including mortgage lending, deposit gathering and other financial services. The Association's loan portfolio includes residential mortgage loans, home equity loans and lines of credit and construction loans. The Association offers checking accounts, savings accounts, and certificate of deposit accounts. The Association’s principal lending activity is the origination of fixed-rate and adjustable-rate, first mortgage loans to purchase or refinance residential real estate. The Association also offers home equity lines of credit in 25 states and the District of Columbia and home equity loans in eight states. It also offers Smart Rate mortgage loans, which contains a feature to re-lock the rate an unlimited number of times at its then-current interest rate and fee schedule.