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Last $16.48 USD
Change Today +0.14 / 0.86%
Volume 967.0K
TCB On Other Exchanges
Symbol
Exchange
New York
Munich
As of 8:04 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

tcf financial corp (TCB) Snapshot

Open
$16.31
Previous Close
$16.34
Day High
$16.54
Day Low
$16.26
52 Week High
06/23/15 - $17.29
52 Week Low
01/29/15 - $13.78
Market Cap
2.8B
Average Volume 10 Days
1.2M
EPS TTM
$0.91
Shares Outstanding
168.9M
EX-Date
08/12/15
P/E TM
18.1x
Dividend
$0.20
Dividend Yield
1.21%
Current Stock Chart for TCF FINANCIAL CORP (TCB)

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tcf financial corp (TCB) Details

TCF Financial Corporation operates as the bank holding company for TCF National Bank that provides various retail and commercial banking products and services. The company’s Lending segment offers retail lending services, including consumer loans for personal, family, and household purposes, such as home purchases, debt consolidation, and financing of home improvements. This segment also provides loans secured by personal property, as well as unsecured personal loans; commercial real estate and business lending products; lease and equipment finance; inventory finance; and auto finance. Its Funding segment provides deposit products, including free checking accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plan accounts. This segment also offers treasury services. As of December 31, 2014, the company had 381 branches in Illinois, Minnesota, Michigan, Colorado, Wisconsin, Arizona, South Dakota, and Indiana. TCF Financial Corporation was founded in 1923 and is headquartered in Wayzata, Minnesota.

5,401 Employees
Last Reported Date: 02/23/15
Founded in 1923

tcf financial corp (TCB) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: $1.5M
Vice Chairman, President and Member of Techno...
Total Annual Compensation: $550.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $324.8K
Vice Chairman and Executive Vice President of...
Total Annual Compensation: $550.0K
Compensation as of Fiscal Year 2014.

tcf financial corp (TCB) Key Developments

TCF Financial Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

TCF Financial Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net income available to common stockholders of $47,408,000 or $0.29 per diluted share compared to net income available to common stockholders of $48,278,000 or $0.29 per diluted share a year ago. Total interest income was $223,081,000 compared to $220,091,000 a year ago. Net interest income after provision for credit losses was $193,501,000 compared to $196,192,000 a year ago. Income before income tax expense was $83,841,000 compared to $87,013,000 a year ago. Net income attributable to company was $52,225,000 compared to $53,125,000 a year ago. Annualized return on average tangible common equity was 11.34% compared to 12.72% a year ago. Return on average assets was 1.10% compared to 1.17% a year ago. Return on average common equity was 9.93% compared to 10.99% a year ago. Return on average tangible common equity was 11.34% compared to 12.72% a year ago. Net interest income was $206,029,000 compared to $206,101,000 a year ago. Return on total capital on common equity was over 11%. For the six months period, the company reported net income available to common stockholders of $82,362,000 or $0.50 per diluted share compared to net income available to common stockholders of $88,188,000 or $0.54 per diluted share a year ago. Total interest income was $442,875,000 compared to $434,718,000 a year ago. Net interest income after provision for credit losses was $384,130,000 compared to $382,974,000 a year ago. Income before income tax expense was $148,341,000 compared to $160,066,000 a year ago. Net income attributable to company was $92,056,000 compared to $97,882,000 a year ago. Annualized return on average tangible common equity was 9.98% compared to 11.82% a year ago. As on June 30, 2015, tangible book value per common share was $10.11. Return on average assets was 0.98% compared to 1.09% a year ago. Return on average common equity was 8.71% compared to 10.18% a year ago. Return on average tangible common equity was 9.98% compared to 11.82% a year ago. Net interest income was $409,449,000 compared to $407,375,000 a year ago. As on June 30, 2015, book value per share was $11.47.

TCF Financial Corporation Declares Quarterly Cash Dividends on Common and Preferred Stocks, Payable on September 1, 2015

The Board of Directors of TCF Financial Corporation declared quarterly cash dividends on the company's common shares, 7.50% Series A Non-Cumulative Perpetual Preferred Stock and 6.45% Series B Non-Cumulative Perpetual Preferred Stock. A quarterly cash dividend of $0.05 per common share is payable on September 1, 2015 to stockholders of record at the close of business on August 14, 2015. The company also announced the quarterly cash dividend of $0.46875 per depositary share is payable on September 1, 2015 to holders of record of the depositary shares, representing a 1/1,000th interest in a share of the 7.50% Series A Non- Cumulative Perpetual Preferred Stock, at the close of business on August 14, 2015. A quarterly cash dividend of $0.403125 per share is payable on September 1, 2015 to holders of record of the 6.45% Series B Non-Cumulative Perpetual Preferred Stock at the close of business on August 14, 2015.

TCF Financial Corporation, Q2 2015 Earnings Call, Jul 23, 2015

TCF Financial Corporation, Q2 2015 Earnings Call, Jul 23, 2015

 

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Industry Analysis

TCB

Industry Average

Valuation TCB Industry Range
Price/Earnings 18.1x
Price/Sales 2.3x
Price/Book 1.4x
Price/Cash Flow 16.4x
TEV/Sales 0.3x
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