TFS Financial Corporation - Common Stock (TFSL)

Competitors to TFS Financial Corporation - Common Stock (TFSL)

Cleveland Financial Corporation

Cleveland Financial Corporation primarily competes with TFS Financial Corporation in the regional banking market. While TFS focuses on providing savings accounts and home loans, Cleveland Financial offers a comprehensive suite of services including wealth management and investment advisory, appealing to a different segment of clientele. Cleveland Financial can leverage its diversified offerings to attract more affluent customers, which gives it a competitive edge in specific customer demographics.

Flagstar Bancorp, Inc.

Flagstar Bancorp competes with TFS Financial Corporation primarily in the mortgage lending and retail banking sectors. Flagstar has a robust mortgage origination platform and a diverse range of financial products, which allows it to attract a broader customer base. Additionally, Flagstar has a larger scale of operations, especially in the Midwest, giving it superior resources for advertising and customer engagement. However, TFS Financial focuses more on relationship banking, mainly in Ohio and Pennsylvania, which helps it build strong local customer loyalty.

People's United Financial, Inc.

People's United Financial competes with TFS Financial Corporation through a wide array of banking services, including commercial banking and consumer finance. People’s United has a broader footprint with a significant presence in New England, allowing it to benefit from economies of scale that TFS Financial might lack. This scale provides advantages in terms of product diversification and marketing reach, making it challenging for TFS to compete unless it can effectively capitalize on its strong local presence.

Washington Federal, Inc. 

Washington Federal, Inc. competes with TFS Financial Corporation by offering various banking products with an emphasis on commercial real estate loans. Washington Federal has a strong focus on expansion and has been increasing its market share outside its home base in the Western U.S., leveraging its extensive experience in the commercial sector. In contrast, TFS Financial's niche focus on residential lending gives it strong local ties, but Washington Federal's growth strategy offers more expansion opportunities.