Professional
Added to YB: 2026-02-18
Pitch date: 2026-02-03
TFSL [bullish]
TFS Financial Corporation
+5.29%
current return
Author Info
Gator Capital Management manages financials sector long/short portfolios for private partnerships and mutual funds. Follow on Twitter/X.
Company Info
TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States.
Market Cap
$4.2B
Pitch Price
$14.56
Price Target
N/A
Dividend
7.57%
EV/EBITDA
N/A
P/E
46.66
EV/Sales
N/A
Sector
Banks
Category
value
Gator Capital Management Q4 2025 new position
TFSL (new position): $17B (assets) Cleveland thrift in partial MHC structure w/ highest mutual ownership among public MHC banks, creating leveraged exposure to equity/earnings growth for minority shareholders. NIM inflecting after rate headwinds; 5yr ARMs from '20-'21 repricing higher while deposit costs ease. Resumed buybacks amplify per-share gains. At tangible book, market assigns zero value to 2nd-step conversion catalyst or remutualization optionality. Risk: rate sensitivity & CD-funded model
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