TFS Financial Corp. (PWT)

Profile

https://www.thirdfederal.com

TFS Financial Corp. is a U.S. financial holding company centered on retail consumer banking through its principal thrift subsidiary, Third Federal Savings and Loan Association of Cleveland. The company focuses on residential mortgage lending and deposit gathering, serving customers with first mortgage loans, mortgage refinancing, home equity loans and lines of credit, savings accounts, money market accounts, checking accounts, and certificates of deposit. It also provides related services such as escrow and settlement support. TFS Financial’s business is concentrated in consumer-oriented banking, with branch and lending operations primarily in Ohio and Florida and deposit products available more broadly across the United States. Headquartered in Cleveland, Ohio, the company plays a specialized role in the regional banking market by combining traditional thrift banking with a mortgage-focused lending model.