Bank holding company TFS Financial Corp. said Friday that a surge in souring loans drove it to a fiscal fourth-quarter loss against a year-earlier profit. For the three months ended Sept. 30, the company lost $12.9 million, 4 cents per share. For the full-year, the company earned $14.4 million, or 5 cents per share, down 74 percent from last year's profit of $54.5 million, or 17 cents per share.

TFS Financial Corporation, the holding company for Third Federal Savings and Loan Association of Cleveland, today announced quarterly and fiscal year results for the periods ended September 30, 2009. The Company reported a net loss of $12.9 million for the three months ended September 30, 2009, compared to net income of $14.1 million for the three months ended September 30, 2008.

TFS Financial Corporation, the holding company for Third Federal Savings and Loan Association of Cleveland, announced that on October 29, 2009 the Board of Directors declared the Company's eighth quarterly cash dividend of $0.07 per share, payable on November 27, 2009 to stockholders of record on November 13, 2009.

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