New article on TFS Financial at Seeking Alpha

I’ve just added a new article on TFS Financial at Seeking Alpha. The piece is entitled “TFS Financial – A Misunderstood Bank Cheaper Than It Appears.” I note in the article:

TFS Financial (TFSL) is a misunderstood bank trading at 9 times this year’s earnings even as interest rates are poised to rise. Its management team has been buying back stock aggressively for years using a huge pool of excess capital, its loan delinquencies are miniscule, and it’s paying a 4.5% forward dividend yield.

TFS Financial’s stock has been flat for a while now, and I think it offers an excellent reward for the risk at today’s price. Click over to SeekingAlpha to read the whole article and why the stock could be poised for further gains.

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