V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough
Banking

TFS Financial Executive Compensation (FY25)

TFSL · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): February 26, 2026
245 figures on this page: 242 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
The say-on-pay proposal drew 92.7% of votes cast for or against in favor at the meeting held February 26, 2026 for fiscal 2025, and the disclosed peer group names Axos Financial, Inc., Bank of Hawaii Corporation, BankUnited, Inc., Brookline Bancorp, Inc. and Capitol Federal Financial, Inc., among others. The company reported 5 named executive officers for fiscal 2025. Disclosures span fiscal 2023 through fiscal 2025.
Latest say-on-pay support
=
February 26, 2026
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Say-on-pay support: 92.3% → 92.7% (0.4 points higher)

Frequently asked questions

Answers drawn from the data on this page.
What was TFS Financial's say-on-pay result?
The say-on-pay proposal drew 92.7% of votes cast for or against in favor at the meeting held February 26, 2026 for fiscal 2025.
Which companies are in TFS Financial's peer group?
The disclosed peer group names Axos Financial, Inc., Bank of Hawaii Corporation, BankUnited, Inc., Brookline Bancorp, Inc. and Capitol Federal Financial, Inc., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Marc Stefanski
President and Chief Executive Officer
◇—◇—◇◇◇◇
Meredith Weil
Chief Financial Officer
◇—◇—◇◇◇◇
Cathy Zbanek
Chief Synergy Officer
◇—◇—◇◇◇◇
Andrew Rubino
Chief Operating Officer
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Marc Stefanski
Chair of the Board, President and Chief Executive Officer
◇—◇—◇◇◇◇
Meredith Weil
Chief Financial Officer, Secretary and Treasurer
◇—◇—◇◇◇◇
Cathy Zbanek
Vice President of the Company and Chief Synergy Officer
◇—◇—◇◇◇◇
Andrew Rubino
Vice President of the Company and Chief Information Officer
◇—◇—◇◇◇◇
Timothy Mulhern
Vice President of the Company and Chief Innovation Officer
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Meredith Weil
Chief Financial Officer, Secretary and Treasurer
◇—◇—◇◇◇◇
Cathy Zbanek
Vice President of the Company and Chief Synergy Officer
◇—◇—◇◇◇◇
Andrew Rubino
Vice President of the Company and Chief Operating Officer
◇—◇—◇◇◇◇
Marc Stefanski
Chair of the Board, President and Chief Executive Officer
◇—◇—◇◇◇— not reconciled
Bradley Stefanski
Vice President of the Company and Chief Strategy Officer
◇◇◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Andrew J. RubinoPSU◇—◇—◇—◇
Andrew J. RubinoRSU◇——◇——◇
Bradley T. StefanskiPSU◇—◇—◇—◇
Bradley T. StefanskiRSU◇——◇——◇
Cathy W. ZbanekRSU◇——◇——◇
Cathy W. ZbanekPSU◇—◇—◇—◇
Marc A. StefanskiRSU◇——◇——◇
Marc A. StefanskiPSU◇—◇—◇—◇
Meredith S. WeilRSU◇——◇——◇
Meredith S. WeilPSU◇—◇—◇—◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Bradley StefanskiPSU◇◇——
Option◇—◇1/5/2028
RSU◇◇——
RSU◇◇——
Cathy ZbanekPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇1/5/2028
Option◇—◇12/15/2026
RSU◇◇——
Option◇—◇12/17/2025
Meredith WeilPSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇1/5/2028
RSU◇◇——
RSU◇◇——
Option◇—◇12/17/2025
Option◇—◇12/15/2026
RSU◇◇——
Marc StefanskiPSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇12/17/2025
RSU◇◇——
Andrew RubinoPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇1/5/2028
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Terrence L. Bauer
◇◇———◇◇
Ashley H. Williams
◇◇———◇◇
William C. Mulligan
◇◇———◇◇
Robert A. Fiala
◇◇———◇◇
John P. Ringenbach
◇◇———◇◇
Terrence R. Ozan
◇◇———◇◇
Daniel F. Weir
◇◇———◇◇
Martin J. Cohen
◇◇———◇◇
Anthony J. Asher
◇◇———◇◇
Barbara J. Anderson
◇◇———◇◇
Marc A. Stefanski and Meredith S. Weil served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Audit committee chair◇
Compensation committee chair◇
Committee meeting fee◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Axos Financial, Inc. AX
  • Bank of Hawaii Corporation BOH
  • BankUnited, Inc. BKU
  • Brookline Bancorp, Inc. BRKL
  • Capitol Federal Financial, Inc. CFFN
  • Cathay General Bancorp CATY
  • Community Financial System, Inc. CBU
  • CVB Financial Corp. CVBF
  • Dime Community Bancshares, Inc. DCOM
  • Eagle Bancorp, Inc. EGBN
  • First BanCorp. FBNC
  • Fulton Financial Corporation FULT
  • Hancock Whitney Corporation HWC
  • Home Bancshares, Inc. HOMB
  • Independent Bank Corp. INDB
  • International Bancshares Corporation IBOC
  • Mr. Cooper Group Inc. symbol not shown
  • Northwest Bancshares, Inc. NWBI
  • OceanFirst Financial Corp. OCFC
  • Onity Group Inc. ONIT
  • Trustmark Corporation TRMK
  • WaFd, Inc. WAFD
  • WSFS Financial Corporation WSFS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025February 26, 2026=◇◇◇
2024February 20, 2025=◇◇◇
2023February 22, 2024=◇◇◇
Email me this page as a cited PDF
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when TFS Financial files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact TFS Financial disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where TFS Financial sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for a Velarion Pro seat
Full platform access for one person: every industry we cover, peer positioning, and the written analysis. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.
Join the list for Peer Group Review
Whether TFS Financial's disclosed peer group is defensible, who names TFS Financial back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
245 figures on this page: 242 cited to the filing that reported them, 3 calculated from figures it prints.
242 cited to the filing
3 calculated from the filing

Documents cited

  1. 0001381668-26-000016
  2. 0001381668-26-000002
    DIRECTOR COMPENSATION · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal 2025 Year-End · and 1 more section
  3. 0001381668-25-000019
  4. 0001381668-25-000002
    Summary Compensation Table
  5. 0001381668-24-000027
  6. 0001381668-24-000007
    Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “TFS Financial executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/TFSL (accessed 2026).
Short form: data: Velarion
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about TFS Financial and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers TFS Financial discloses

The companies named in TFSL's own disclosed peer group.

Axos Financial, Inc.Bank of Hawaii CorporationBankUnited, Inc.Capitol Federal Financial, Inc.Cathay General BancorpCommunity Financial System, Inc.CVB Financial Corp.Dime Community Bancshares, Inc.Eagle Bancorp, Inc.First BanCorp.Fulton Financial CorporationHancock Whitney CorporationHome Bancshares, Inc.Independent Bank Corp.International Bancshares CorporationNorthwest Bancshares, Inc.OceanFirst Financial Corp.Trustmark CorporationWaFd, Inc.WSFS Financial Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy