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TFS Financial TFSL Provision for Credit Losses

Provision for Credit Losses at other companies

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KeyCorpKEY
$106M-10.2%
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Flagstar Bank FLG
$0-100%
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ServisFirst BancsharesSFBS
$10.64M+60.4%
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$1.5M
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$6.78M+1.3%
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Cullen/Frost BankersCFR
$6.75M-48.4%

Other financials

Income statement

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Revenue$85.2M+7.7%
Net income$23.2M+10.6%
EPS (diluted)$0.08+14.3%

Balance sheet

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Cash & equivalents$437.3M-5.7%
Total debt$1.7B+61.1%
Total equity$1.9B+1.4%
Total assets$17.5B+2.2%

Cash flow

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Operating cash flow$17.6M-16.9%
CapEx$4.2M-38.9%
Free cash flow$13.4M-6.2%

Valuation

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Market cap$4.6B+13.3%
Enterprise value$5.84B+27.7%
P/E49.5×-0.3×
P/S13.7×+0.3×

Profitability

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Net margin27.6%+0.9pp
FCF margin52%

Returns & leverage

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Return on equity4.9%+0.6pp
Debt / equity0.9×+0.3×

Where this comes from

Reported directly by TFS Financial in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.

The official record: TFS Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TFS Financial's provision for credit losses?
TFS Financial (TFSL) reported provision for credit losses of $0 in Q1 2026.
How has TFS Financial's provision for credit losses changed year-over-year?
TFS Financial's provision for credit losses decreased by 100.0% year-over-year, from $1.5M to $0.
What is the long-term trend for TFS Financial's provision for credit losses?
Over 2 years (2021 to 2025), TFS Financial's provision for credit losses has grown at a -47.3% compound annual growth rate (CAGR), from -$9M to $2.5M.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.