TCF Financial Company Profile (AMEX:TCF)

About TCF Financial (AMEX:TCF)

TCF Financial logoTCF Financial Corporation (TCF) is a bank holding company. The Company's principal subsidiary is TCF National Bank (TCF Bank). The Company operates in three segments: Consumer Banking, Wholesale Banking and Enterprise Services. Consumer Banking comprises all of the Company's consumer-facing businesses. The Consumer Banking segment includes retail banking, consumer real estate and auto finance. Wholesale Banking comprises commercial real estate and business lending, leasing and equipment finance and inventory finance. TCF's consumer banking strategy is primarily to generate deposits to use for funding high credit quality secured loans and leases. Enterprise Services comprises corporate treasury, corporate functions and the Holding Company. As of December 31, 2016, the Company's total securities available for sale were $1.4 billion. As of December 31, 2016, the Company's total loans were $17.8 billion. As of December 31, 2016, the Company's total deposits were $17.2 billion.

Industry, Sector and Symbol:
  • Sector: Financials
  • Industry: Banks - NEC
  • Sub-Industry: Regional Banks
  • Symbol: AMEX:TCF
  • CUSIP: 87227510
  • Web: www.tcfbank.com/
Average Prices:
  • 50 Day Moving Avg: $15.71
  • 200 Day Moving Avg: $16.83
  • 52 Week Range: $13.02 - $20.03
P/E:
  • Trailing P/E Ratio: 13.91
  • Foreward P/E Ratio: 11.31
  • P/E Growth: 1.65
Sales & Book Value:
  • Annual Revenue: $1.26 billion
  • Price / Sales: N/A
  • Book Value: $13.11 per share
  • Price / Book: 1.20
Dividend:
  • Annual Dividend: $0.30
  • Dividend Yield: 1.9%
Profitability:
  • Net Margins: 14.92%
  • Return on Equity: 7.61%
  • Return on Assets: 0.90%
Debt:
  • Debt-to-Equity Ratio: 0.49%
  • Current Ratio: 1.04%
  • Quick Ratio: 1.02%
Misc:
  • Average Volume: 1.33 million shs.
  • Beta: 1.14
  • Short Ratio: 4.61
 

Frequently Asked Questions for TCF Financial (AMEX:TCF)

What is TCF Financial's stock symbol?

TCF Financial trades on the AMEX under the ticker symbol "TCF."

How often does TCF Financial pay dividends? What is the dividend yield for TCF Financial?

TCF Financial declared a quarterly dividend on Thursday, April 20th. Investors of record on Monday, May 15th will be paid a dividend of $0.075 per share on Thursday, June 1st. This represents a $0.30 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date is Thursday, May 11th. View TCF Financial's Dividend History.

How were TCF Financial's earnings last quarter?

TCF Financial Co. (AMEX:TCF) posted its quarterly earnings data on Monday, April, 24th. The company reported $0.25 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.26 by $0.01. The business earned $325.60 million during the quarter, compared to analysts' expectations of $326.93 million. TCF Financial had a return on equity of 7.61% and a net margin of 14.92%. The company's quarterly revenue was up .4% compared to the same quarter last year. During the same period last year, the business posted $0.26 EPS. View TCF Financial's Earnings History.

Where is TCF Financial's stock going? Where will TCF Financial's stock price be in 2017?

10 equities research analysts have issued 12-month price targets for TCF Financial's stock. Their forecasts range from $15.00 to $21.00. On average, they anticipate TCF Financial's share price to reach $18.88 in the next twelve months. View Analyst Ratings for TCF Financial.

What are analysts saying about TCF Financial stock?

Here are some recent quotes from research analysts about TCF Financial stock:

  • 1. According to Zacks Investment Research, "TCF Financial's shares underperformed the Zacks categorized Midwest Banks industry over the past six months. The company’s expenses have been increasing over the last few years. Further, stringent regulatory landscape remains near-term headwind. However, the company has been benefiting from improving credit quality in consumer real estate portfolio and has witnessed enhanced profitability ratios as well. Also, the pressure on the margins is expected to ease as the company raised its prime lending rate to 4.00% in Mar 2017, following the Fed interest rate hike. Further, increasing loans and strong deposit mix keeps us encouraged about its organic growth prospects." (4/6/2017)
  • 2. FBR & Co analysts commented, "We reiterate our Market Perform rating on TCF Financial (TCB) and trim our price target to $19 (from $21), equal to 14.6x our 2018 EPS estimate and 1.7x TBV following 4Q16 results. This was a tough quarter for TCB, as soft net interest income and disappointing auto loan sales weighed on revenues, which more than offset lower expenses. Continued market volatility and negative sentiment around auto weighed on sales profitability, and the outlook remains murky. The backup in rates has helped stop the bleeding on NIM, but it will take more increases to drive expansion. TCB trades at a discount to peers, but we expect EPS to fall in 2017, and the current CFPB lawsuit on overdraft fees and concerns surrounding auto are additional overhangs." (2/1/2017)

Who are some of TCF Financial's key competitors?

Who are TCF Financial's key executives?

TCF Financial's management team includes the folowing people:

  • Craig R. Dahl, Chairman of the Board, President, Chief Executive Officer
  • Thomas F. Jasper, Vice Chairman of the Board, Chief Operating Officer, Director
  • Brian W. Maass, Chief Financial Officer, Executive Vice President, Chief Investment Officer, Treasurer
  • Thomas John Butterfield, Executive Vice President, Chief Information Officer
  • Yvonne Franzese, Executive Vice President and Chief Human Capital Officer
  • William S. Henak, Executive Vice President
  • Michael S. Jones, Executive Vice President - Consumer Banking, Retail Lending, and Gateway One Lending & Finance
  • Susan D. Bode, Senior Vice President, principal Accounting Officer
  • Joseph T. Green, Senior Vice President, General Counsel, Secretary
  • Tamara K. Schuette, Senior Vice President,Corporate Controller

How do I buy TCF Financial stock?

Shares of TCF Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is TCF Financial's stock price today?

One share of TCF Financial stock can currently be purchased for approximately $15.72.


MarketBeat Community Rating for TCF Financial (AMEX TCF)
Community Ranking:  1.9 out of 5 ()
Outperform Votes:  175 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  469
MarketBeat's community ratings are surveys of what our community members think about TCF Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TCF Financial (AMEX:TCF) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 7 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.30)
Consensus Price Target: $18.88

Analysts' Ratings History for TCF Financial (AMEX:TCF)
Show:
DateFirmActionRatingPrice TargetDetails
4/24/2017BMO Capital MarketsReiterated RatingHold$18.00View Rating Details
4/3/2017Keefe, Bruyette & WoodsReiterated RatingHold$18.00View Rating Details
2/1/2017FBR & CoReiterated RatingHoldView Rating Details
1/30/2017Barclays PLCLower Price Target$20.00View Rating Details
1/30/2017Royal Bank Of CanadaLower Price TargetOutperform$22.00 -> $20.00View Rating Details
1/20/2017Deutsche Bank AGDowngradeBuy -> Hold$22.00 -> $20.00View Rating Details
1/9/2017Wells Fargo & CompanyUpgradeMarket Perform -> OutperformView Rating Details
12/13/2016DA DavidsonReiterated RatingNeutral$21.00View Rating Details
11/17/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
10/8/2016Piper Jaffray CompaniesReiterated RatingNeutral$15.00View Rating Details
7/9/2016J P Morgan Chase & CoReiterated RatingHoldView Rating Details
7/7/2016Jefferies Group LLCReiterated RatingHold$13.50View Rating Details
2/9/2016Compass PointUpgradeSell -> Neutral$13.00 -> $12.50View Rating Details
(Data available from 7/22/2015 forward)

Earnings

Earnings History for TCF Financial (AMEX:TCF)
Earnings by Quarter for TCF Financial (AMEX:TCF)
Earnings History by Quarter for TCF Financial (AMEX TCF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017Q1 2017$0.26$0.25$326.93 million$325.60 millionViewN/AView Earnings Details
1/27/2017Q416$0.31$0.27$332.03 million$327.11 millionViewN/AView Earnings Details
10/21/2016Q316$0.30$0.31$215.20 million$331.70 millionViewListenView Earnings Details
7/22/2016Q216$0.29$0.31$214.32 million$330.90 millionViewListenView Earnings Details
4/21/2016Q116$0.25$0.26$209.80 million$324.30 millionViewListenView Earnings Details
1/28/2016Q415$0.29$0.29$208.98 million$321.30 millionViewListenView Earnings Details
10/22/2015Q315$0.29$0.29$208.51 million$317.50 millionViewListenView Earnings Details
7/23/2015Q215$0.29$0.29$217.95 million$319.50 millionViewListenView Earnings Details
4/21/2015Q115$0.26$0.21$204.94 million$304.10 millionViewN/AView Earnings Details
1/29/2015Q414$0.29$0.12$206.80 million$313.80 millionViewN/AView Earnings Details
10/24/2014Q314$0.29$0.29$207.80 million$320.30 millionViewListenView Earnings Details
7/25/2014Q214$0.27$0.29$213.51 million$309.40 millionViewListenView Earnings Details
4/22/2014Q114$0.23$0.24$200.44 million$304.70 millionViewListenView Earnings Details
1/29/2014Q413$0.23$0.22$201.25 million$306.20 millionViewListenView Earnings Details
10/25/2013Q313$0.23$0.23$203.88 millionViewListenView Earnings Details
7/23/2013Q2 2013$0.21$0.21$311.11 million$301.83 millionViewListenView Earnings Details
4/19/2013Q1 2013$0.19$0.16$200.64 millionViewListenView Earnings Details
1/30/2013Q4 2012$0.18$0.15$200.85 millionViewListenView Earnings Details
10/26/2012Q312$0.18$0.06$201.55 millionViewN/AView Earnings Details
7/19/2012$0.19$0.20ViewN/AView Earnings Details
4/19/2012$0.08($1.78)ViewN/AView Earnings Details
1/24/2012$0.15$0.10ViewN/AView Earnings Details
10/20/2011$0.21$0.20ViewN/AView Earnings Details
7/21/2011$0.21$0.19ViewN/AView Earnings Details
4/21/2011$0.18$0.20ViewN/AView Earnings Details
1/20/2011$0.22$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TCF Financial (AMEX:TCF)
Current Year EPS Consensus Estimate: $1.19 EPS
Next Year EPS Consensus Estimate: $1.39 EPS

Dividends

Current Dividend Information for TCF Financial (AMEX:TCF)
Most Recent Dividend:6/1/2017
Annual Dividend:$0.30
Dividend Yield:1.91%
Payout Ratio:26.09% (Trailing 12 Months of Earnings)
25.21% (Based on This Year's Estimates)
21.58% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TCF Financial (AMEX:TCF)

Dividend History by Quarter for TCF Financial (AMEX TCF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/20/2017quarterly$0.081.76%5/11/20175/15/20176/1/2017
1/25/2017quarterly$0.081.57%2/13/20172/15/20173/1/2017
10/19/2016quarterly$0.082.05%11/10/201611/15/201612/1/2016
7/20/2016quarterly$0.082.3%8/11/20168/15/20169/1/2016
4/20/2016quarterly$0.082.25%5/11/20165/13/20166/1/2016
1/22/2016quarterly$0.082.59%2/10/20162/12/20163/1/2016
10/19/2015quarterly$0.081.93%11/10/201511/13/201512/1/2015
7/20/2015quarterly$0.058/12/20158/14/20159/1/2015
4/20/2015quarterly$0.051.31%5/13/20155/15/20156/1/2015
1/23/2015quarterly$0.051.33%2/11/20152/13/20153/2/2015
10/20/2014quarterly$0.051.32%11/12/201411/14/201412/1/2014
7/21/2014quarterly$0.051.25%8/13/20148/15/20149/2/2014
4/21/2014quarterly$0.051.22%5/13/20145/15/20146/2/2014
1/27/2014quarterly$0.051.22%2/12/20142/14/20143/3/2014
10/22/2013quarterly$0.051.31%11/13/201311/15/201311/29/2013
7/22/2013quarterly$0.051.24%8/13/20138/15/20138/30/2013
4/17/2013quarterly$0.051.44%5/13/20135/15/20135/31/2013
1/24/2013quarterly$0.051.53%2/13/20132/15/20132/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for TCF Financial (AMEX:TCF)
Insider Ownership Percentage: 4.40%
Institutional Ownership Percentage: 79.17%
Insider Trades by Quarter for TCF Financial (AMEX:TCF)
Insider Trades by Quarter for TCF Financial (AMEX:TCF)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/16/2017Barry N WinslowDirectorSell6,000$17.55$105,300.00View SEC Filing  
2/14/2017Barry N. WinslowDirectorSell75,000$17.51$1,313,250.00View SEC Filing  
11/30/2015William Allen CooperCEOSell84,066$15.50$1,303,023.00View SEC Filing  
11/25/2015William Allen CooperCEOSell17,427$15.50$270,118.50View SEC Filing  
11/23/2015William Allen CooperCEOSell16,427$15.50$254,618.50View SEC Filing  
11/10/2015William F BieberDirectorSell6,920$15.43$106,775.60View SEC Filing  
10/26/2015Thomas A CusickDirectorBuy2,500$26.92$67,300.00View SEC Filing  
10/23/2015William Allen CooperCEOSell100,000$15.48$1,548,000.00View SEC Filing  
9/15/2015William Allen CooperCEOSell100,000$15.60$1,560,000.00View SEC Filing  
8/18/2015Barbara E ShawSVPSell35,000$16.50$577,500.00View SEC Filing  
6/15/2015Barry N WinslowDirectorSell66,098$16.94$1,119,700.12View SEC Filing  
6/11/2015Peter BellDirectorSell6,000$16.93$101,580.00View SEC Filing  
5/8/2015William Allen CooperCEOBuy10,940$27.52$301,068.80View SEC Filing  
5/1/2015William Allen CooperCEOBuy11,423$25.50$291,286.50View SEC Filing  
3/17/2015Barry N WinslowDirectorSell175,000$15.96$2,793,000.00View SEC Filing  
2/3/2015Thomas A CusickDirectorBuy5,770$26.99$155,732.30View SEC Filing  
8/4/2014Theodore BigosDirectorBuy8,000$15.29$122,320.00View SEC Filing  
5/21/2014Theodore BigosDirectorBuy4,000$26.23$104,920.00View SEC Filing  
7/26/2013George G JohnsonDirectorSell16,166$16.09$260,110.94View SEC Filing  
7/25/2013Barry N WinslowChairmanSell100,000$16.50$1,650,000.00View SEC Filing  
7/24/2013Joseph T GreenSVPSell21,428$16.16$346,276.48View SEC Filing  
5/8/2013William Allen CooperCEOSell500,000$15.00$7,500,000.00View SEC Filing  
5/7/2013Thomas F JasperEVPSell17,500$15.00$262,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TCF Financial (AMEX:TCF)
Latest Headlines for TCF Financial (AMEX:TCF)
Source:

Social

Social activity is not available for this stock.
This page was last updated on 7/22/2017 by MarketBeat.com Staff