Welcome to PFS. I've been a s/o since the 2003 ipo and I'm very pleased with this bank. Dividends have gone up steadily. Good Investment.
has been approved to do another buyback. That will send the stock into the $12.25 to $12.75 range. Approval of a dividend would send us to the $13,75 to $15.00 range................and the ending of the MOU would send us over the $15 share price. I'm expecting to see the buyback announcement within the next 4-6 weeks, and the other two either in the first or second quarter of the year. Stay Long my fellow shareowners and buy more on dips. We will be reward soon.
Regulators have total control so a MOU can be short or long term. TFSL has had some strong earnings and the balance sheet is excellent, compared to when the MOU began. Regulators let the buyback return and that's a very good sign. A dividend authorization would allow this stock to move into the mid teens. I think we'll see that in the next few months.
Too many BS posts about "other stuff". Let's (shareholders) talk about TFSL. Glad they rec'd permission to do buybacks. Stock should stay in the $11.85-$12.85 trading range for now. Hoping to hear one of two things....(1) a dividend has been requested and approved and (2) the MOU has been terminated. Either event will move this stock to $15. As a side note I'm still owning my IPO shares, but am now buying more on dips, as I expect good news coming sooner than later.
3 year anniversary just passed. Any chance of the MOU being lifted anytime soon????? Glad the stocks at a new 3 year high, but I want a dividend. MOU lifted moves the stock thru the teens.
When the MOU is lifted..................they will be allowed to pay a dividend and buyback shares......in addition to second-step conversion. This will move the stock towards $20. It will happen, just not sure when.
I love this stock and the fact that the dividend keeps increasing, but I'd love to see a stock split......perhaps a 5 for 4 or a 3 for 2?? It's been 10 yrs since the IPO and no splits......or second-step conversion.
Correct. The rising interest rates will hurt this stock. The Fed talking about taking away the punch bowl, is concerning. I've been enjoying my monthly div checks for a while now. Good to buy more on dips.
Will TFS Financial be added to the S&P 500 someday? I think it's time to throw out JC Penny and a few other dogs that are dragging down the S&P 500 and add some stocks that have a good 3-5 year outlook.
Was just some profit taking, as we're now hitting and making new 52 week highs. Closing in on $11. When the MOU is lifted and they start paying div's and buying back shares.......we should move up quickly. $13-$14 when the news is announced.