Third Federal Continues Free Tax Preparation Services for Low-Income Families
- Free Tax Preparation: Third Federal partners with various non-profits to offer free tax preparation services for families earning less than $69,000, aiming to alleviate the stress and costs associated with filing taxes, thereby allowing qualified participants to retain more of their income.
- Tax Credit Assistance: IRS-certified tax preparers will help participants identify their eligibility for the Earned Income Tax Credit, which plays a significant role in community economic development by assisting families in overcoming poverty.
- Event Details: On February 14, 2026, Third Federal will host the Super Refund Saturday EITC event at Cleveland Central Catholic High School, providing electronic filing services with walk-in appointments available until noon.
- Community Collaboration: The event will also feature participation from the City of Cleveland, CHN Housing Partners, Cuyahoga County Consumer Affairs, and other organizations, showcasing Third Federal's ongoing commitment to community support.
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- Free Tax Preparation Event: Third Federal partners with various non-profits to offer free tax preparation services for individuals and families earning less than $69,000, aiming to help them maximize their refunds and alleviate financial burdens.
- Community Support: Since 2012, Third Federal has supported this initiative, assisting community members in accessing the Earned Income Tax Credit (EITC), which is regarded as the nation's largest poverty relief program and promotes local economic development.
- Event Details: The Super Refund Saturday event will take place on February 14, 2026, at Cleveland Central Catholic High School, providing electronic filing assistance with volunteer IRS-certified preparers to ensure participants can file their taxes smoothly.
- Participation Information: Residents wishing to attend can make appointments online or by calling 211 to receive information on required identification and documents to benefit from the free tax preparation services.
- Free Tax Preparation: Third Federal partners with various non-profits to offer free tax preparation services for families earning less than $69,000, aiming to alleviate the stress and costs associated with filing taxes, thereby allowing qualified participants to retain more of their income.
- Tax Credit Assistance: IRS-certified tax preparers will help participants identify their eligibility for the Earned Income Tax Credit, which plays a significant role in community economic development by assisting families in overcoming poverty.
- Event Details: On February 14, 2026, Third Federal will host the Super Refund Saturday EITC event at Cleveland Central Catholic High School, providing electronic filing services with walk-in appointments available until noon.
- Community Collaboration: The event will also feature participation from the City of Cleveland, CHN Housing Partners, Cuyahoga County Consumer Affairs, and other organizations, showcasing Third Federal's ongoing commitment to community support.
- Earnings Per Share: TFS Financial reported a GAAP EPS of $0.08 for Q4, which, while below market expectations, demonstrates the company's ability to maintain stable profitability, potentially boosting investor confidence.
- Revenue Performance: The company achieved revenue of $83.73 million in Q4, showing limited year-over-year growth, yet this stable income in the current economic climate lays a foundation for future development and reflects its market competitiveness.
- Valuation Appeal: With a price-to-earnings ratio of 7x and an over 8% dividend yield, TFS Financial's stock appears undervalued in the current market, likely attracting value investors seeking solid returns.
- Rating Analysis: According to Seeking Alpha's quantitative rating, TFS Financial is viewed as an attractive investment, reflecting market recognition of its future growth potential, which could drive stock price appreciation.
Upcoming Ex-Dividend Dates: FNB Corp, First Financial Bancorp, and TFS Financial Corp will trade ex-dividend on 12/1/25, with respective dividends of $0.12, $0.25, and $0.2825 scheduled for payment on 12/15/25 and 12/16/25.
Expected Price Adjustments: Following the ex-dividend date, shares of FNB Corp, First Financial Bancorp, and TFS Financial Corp are expected to open lower by approximately 0.72%, 1.00%, and 1.96%, respectively.
Dividend Yield Estimates: The estimated annualized yields based on the recent dividends are 2.88% for FNB Corp, 3.99% for First Financial Bancorp, and 7.84% for TFS Financial Corp, indicating potential stability in dividend payments.
Current Stock Performance: As of the latest trading day, shares of FNB Corp, First Financial Bancorp, and TFS Financial Corp have seen slight declines of about 0.2%, 0.7%, and 0.5%, respectively.
Quarterly Cash Dividend Announcement: TFS Financial Corporation declared a quarterly cash dividend of $0.2825 per share, payable on December 16, 2025, to stockholders of record on December 2, 2025.
MHC Dividend Waiver: The mutual holding company, which owns 81% of the Company's common stock, has waived its right to receive dividends on its shares, following member approval and Federal Reserve non-objection.
Company Overview: Third Federal Savings and Loan Association, founded in 1938, focuses on providing savings and mortgage products, operating in 28 states and the District of Columbia, with total assets of $17.46 billion as of September 30, 2025.
Forward-Looking Statements: The news release includes forward-looking statements regarding the Company's dividend plans, which are subject to risks and uncertainties that may affect future results.
- Dividend Declaration: TFS Financial (TFSL) announced a quarterly dividend of $0.2825 per share, consistent with previous payments.
- Dividend Details: The dividend has a forward yield of 8.28%, payable on December 16 to shareholders of record as of December 2, with an ex-dividend date also on December 2.
- Valuation Insight: TFS Financial is considered a significant bargain, trading at 7 times earnings while offering an 8%+ dividend yield.
- Additional Resources: More information is available on TFS Financial's dividend scorecard, yield chart, and historical earnings data.










