TFSL News & Events

Net interest income increased $2.1 million, or 2.8%, to $77.8 million for the quarter ended March 31, 2026 from $75.7 million for the quarter ended December 31, 2025. For the quarter ended March 31, 2026, the Company did not record a provision for credit losses whereas a $1.0 million release of provision was recorded for the quarter ended December 31, 2025.

In a regulatory filing, the company stated: "TFS Financial announced that Meredith S. Weil, a member of the Board of Directors and Chief Financial Officer, will retire from her employment and her position on the Board effective January 2027. The Company further reported that James E. LaRocca will join the Company as Vice President and as Finance and Accounting Officer of Third Federal on June 29, 2026. It is anticipated that he will succeed Ms. Weil as Chief Financial Officer of the Company upon her retirement. Mr. LaRocca most recently held the role of Executive Vice President and Chief Financial Officer at Westfield Bank in Westfield Center, Ohio. He joined Westfield in 2010 and has served in multiple leadership positions within the accounting and finance departments. Mr. LaRocca is a certified public accountant registered in the state of Ohio."