HIGHBuilt-inLoan_portfolio
69.1%
residential first mortgage loans
“10-K Item 1: 'fixed-rate and adjustable-rate, first mortgage residential loans totaled $10.84 billion, or 69.1% of our loan portfolio'”
TFSL · Concentration risk · 10-K extracted
TFS Financial (TFSL) concentration risks
Updated
The most significant concentration TFS Financial discloses is residential first mortgage loans at 69.1%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: TFS Financial’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH1
MEDIUM2
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inLoan_portfolio
25.9%
home equity lines of credit
“10-K Item 1: 'home equity lines of credit totaled $4.06 billion, or 25.9% of our loan portfolio'”
MEDIUMBuilt-inGeographic
Ohio and Florida primary markets
“10-K Item 1A: 'Our performance is significantly impacted by the general economic conditions in our primary markets in Ohio and Florida'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's loan portfolio is heavily weighted toward residential mortgage products, with structural exposures layered across both loan type and geography. Fixed-rate and adjustable-rate first mortgage residential loans totaled $10.84 billion, or 69.1% of the loan portfolio — the largest disclosed share — a high-share, structural concentration reflecting a deliberate savings institution strategy of funding home ownership. The structural character is well-established: this concentration is not a recent accumulation or the result of a single large relationship but rather reflects the institution's historical operating model. The primary risk channel is interest rate sensitivity on a long-duration, fixed-rate book combined with credit quality exposure tied to residential real estate valuations. Beneath that, home equity lines of credit totaled $4.06 billion, or 25.9% of the loan portfolio — a medium-share exposure that is also structurally tied to residential real estate. Together, the two residential categories account for the substantial majority of the book, leaving a narrow wedge for other loan types. This makes the portfolio's credit performance highly correlated with home prices, employment, and interest rate movements in the company's primary markets. The geographic overlay adds a medium-share structural dimension: performance is significantly influenced by economic conditions in Ohio and Florida. These two markets anchor the deposit base and drive collateral valuations for the residential portfolio, meaning regional employment trends, housing supply dynamics, and local economic cycles are the primary external variables to monitor alongside rates.
For the engine’s reasoning on TFSL’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Banks - Regional
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ASB | Associated Banc-Corp | 2 | 3 | 0 | 5 |
| BANC | Banc of California, Inc. | 2 | 0 | 0 | 2 |
| TFSL● | TFS Financial Corporation | 1 | 2 | 0 | 3 |
| AX | Axos Financial, Inc. | 1 | 1 | 0 | 2 |
| AUB | Atlantic Union Bankshares Corpo | 0 | 3 | 0 | 3 |
| ABCB | Ameris Bancorp | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.