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TFS Financial Corporation reported a net income of $15.9 million for the quarter ended March 31, 2023. The decrease of $6.3 million from the previous quarter was primarily due to a decrease in net interest income and an increase in non-interest expense.
Reported net income of $15.9 million.
Generated over $80 million of residential mortgage loan growth.
Remained well capitalized, with a Tier 1 leverage ratio of 11.27%.
Paid a $0.2825 dividend per share.
This report contains forward-looking statements, which can be identified by the use of such words as estimate, project, believe, intend, anticipate, plan, seek, expect and similar expressions.