TCF Financial Company Profile (NYSE:TCB)

About TCF Financial

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: Lending, Funding and Support Services. Its Lending segment includes consumer real estate, commercial real estate and business lending, leasing and equipment finance, inventory finance and auto finance. Its Funding segment includes branch banking and treasury services, which includes the Company's investment and borrowing portfolios and management of capital, debt and market risks, including interest rate and liquidity risks. Its Support Services segment includes Holding Company and corporate functions that provide data processing, bank operations and other professional services to the operating segments. TCF Bank operates bank branches in Illinois, Minnesota, Michigan, Colorado, Wisconsin, Arizona, South Dakota and Indiana. TCF delivers retail banking products in over 40 states.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: TCB
  • CUSIP: 87227510
Key Metrics:
  • Previous Close: $17.51
  • 50 Day Moving Average: $18.12
  • 200 Day Moving Average: $16.36
  • 52-Week Range: $11.30 - $20.03
  • Trailing P/E Ratio: 15.23
  • Foreward P/E Ratio: 12.51
  • P/E Growth: 1.70
  • Market Cap: $2.93B
  • Outstanding Shares: 167,412,000
  • Beta: 1.14
  • Net Margins: 15.19%
  • Return on Equity: 9.83%
  • Return on Assets: 1.00%
  • Debt-to-Equity Ratio: 0.49%
  • Current Ratio: 1.04%
  • Quick Ratio: 1.02%
Additional Links:
Companies Related to TCF Financial:

Analyst Ratings

Consensus Ratings for TCF Financial (NYSE:TCB) (?)
Ratings Breakdown: 9 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.31)
Consensus Price Target: $17.70 (1.09% upside)

Analysts' Ratings History for TCF Financial (NYSE:TCB)
DateFirmActionRatingPrice TargetDetails
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
1/27/2017RBC Capital MarketsReiterated RatingOutperform$22.00 -> $20.00View Rating Details
1/20/2017Deutsche Bank AGDowngradeBuy -> Hold$22.00 -> $20.00View Rating Details
1/9/2017Wells Fargo & CoUpgradeMarket Perform -> OutperformView Rating Details
12/13/2016DA DavidsonReiterated RatingNeutral$21.00View Rating Details
11/17/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
10/12/2016Keefe, Bruyette & WoodsReiterated RatingMarket PerformView 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
4/24/2016BMO Capital MarketsReiterated RatingHoldView Rating Details
2/9/2016Compass PointUpgradeSell -> Neutral$13.00 -> $12.50View Rating Details
6/30/2015Sandler O'NeillDowngradeBuy -> HoldView Rating Details
(Data available from 2/26/2015 forward)


Earnings History for TCF Financial (NYSE:TCB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/27/2017Q416$0.31$0.27$214.19 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)


Earnings Estimates for TCF Financial (NYSE:TCB)
Current Year EPS Consensus Estimate: $1.22 EPS
Next Year EPS Consensus Estimate: $1.40 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.23$0.24$0.24
Q2 20163$0.29$0.30$0.29
Q3 20161$0.30$0.30$0.30
Q4 20163$0.27$0.31$0.29
Q1 20173$0.22$0.29$0.25
Q2 20173$0.27$0.32$0.30
Q3 20173$0.30$0.34$0.32
Q4 20173$0.30$0.34$0.32
Q1 20181$0.27$0.27$0.27
Q2 20181$0.33$0.33$0.33
Q3 20181$0.35$0.35$0.35
Q4 20181$0.35$0.35$0.35
(Data provided by Zacks Investment Research)


Current Dividend Information for TCF Financial (NYSE:TCB)
Annual Dividend:$0.30
Dividend Yield:1.71%
Dividend Growth:14.50% (3 Year Average)
Payout Ratio:26.09% (Based on Trailing 12 Months of Earnings)
24.59% (Based on Current Year Consensus EPS Estimate)
21.43% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for TCF Financial (NYSE:TCB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TCF Financial (NYSE:TCB)
Insider Ownership Percentage: 4.40%
Institutional Ownership Percentage: 79.17%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for TCF Financial (NYSE:TCB)
News IconRevenue Approximations Analysis: Live Nation Entertainment, Inc. (LYV), TCF Financial Corporation (TCB) - StockNewsJournal (NYSE:TCB) - February 25 at 3:31 AM logoTCF FINANCIAL CORP Financials (NYSE:TCB) - February 25 at 3:31 AM
News IconEarnings Estimates Revision Screen: TCF Financial Corporation (TCB) (NYSE:TCB) - February 23 at 9:28 PM
News IconBuy or Sell? Average Brokerage Ratings on Wright Medical Group NV (WMGI), TCF Financial Corporation (TCB) - StockNewsJournal (NYSE:TCB) - February 22 at 10:14 AM
News IconStock Price of TCF Financial Corporation (TCB) Increases 1.5 ... - Highland Mirror (NYSE:TCB) - February 22 at 10:14 AM logoTCF FINANCIAL CORP Files SEC form 10-K, Annual Report (NYSE:TCB) - February 21 at 4:47 PM
News IconToday Analysts Focus on Diebold Nixdorf, Incorporated (DBD), TCF Financial Corporation (TCB) - StockNewsJournal (NYSE:TCB) - February 20 at 7:14 PM logoTCF FINANCIAL INVESTIGATION INITIATED by Former Louisiana ... - Business Wire (press release) (NYSE:TCB) - February 19 at 8:40 AM logoFormer Attorney General of Louisiana, Charles C. Foti, Jr. (NYSE:TCB) - February 18 at 9:04 AM logoTCF FINANCIAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of TCF Financial Corporation - TCB (NYSE:TCB) - February 18 at 9:04 AM
News IconWhy to Keeping Eye on Two Harbors Investment Corp. (TWO), TCF Financial Corporation (TCB)? - StockNewsJournal (NYSE:TCB) - February 15 at 6:24 AM logoTCF to Hold Its Annual Meeting on April 26, 2017 (NYSE:TCB) - February 15 at 6:24 AM logo2 Trending Stocks Regal Entertainment Group (NYSE:RGC), TCF Financial Corporation (NYSE:TCB) - Wall Street 24 (NYSE:TCB) - February 14 at 1:39 AM
News IconWhat are Analyst's Indicators for TCF Financial Corporation (TCB), Huntsman Corporation (HUN) - The USA Commerce (NYSE:TCB) - February 13 at 3:37 PM logoTCF FINANCIAL CORPORATION : ex-dividend day (NYSE:TCB) - February 12 at 8:02 PM logoTCF Financial Corporation (TCB) Ex-Dividend Date Scheduled for ... - Nasdaq (NYSE:TCB) - February 11 at 4:53 AM
News IconAnalyst's Indicator Review for Integrated Device Technology, Inc. (IDTI), TCF Financial Corporation (TCB) - The USA Commerce (NYSE:TCB) - February 10 at 5:59 AM logoBestPrep Honors TCF with Humanitarian of the Year Award (NYSE:TCB) - February 10 at 5:59 AM logoTCF FINANCIAL CORPORATION (NYSE:TCB) Files An 8-K Other Events (NYSE:TCB) - February 9 at 6:01 AM logoShould Value Investors Pick TCF Financial (TCB)? (NYSE:TCB) - February 9 at 6:01 AM logoFormer TCF CEO Bill Cooper dies (NYSE:TCB) - February 9 at 6:01 AM logoTCF FINANCIAL CORP Files SEC form 8-K, Other Events (NYSE:TCB) - February 9 at 6:01 AM logoTCF Financial chairman dies at age 73 (NYSE:TCB) - February 9 at 6:01 AM logoETFs with exposure to TCF Financial Corp. : February 2, 2017 (NYSE:TCB) - February 3 at 6:10 AM
News IconTCF Financial Corporation (NYSE:TCB) reported Beta of 1.11 (NYSE:TCB) - February 2 at 5:44 AM
News IconEarnings Forecast Research on TCF Financial Corporation (TCB) (NYSE:TCB) - February 2 at 5:44 AM logoTCF Financial Corporation 13.5% Potential Upside Now Implied by ... - DirectorsTalk Interviews (NYSE:TCB) - February 1 at 6:51 AM
News IconEarnings Parade Rolls On, What Are Analysts Saying About TCF Financial Corporation (NYSE:TCB)? - Wall Street Beacon (NYSE:TCB) - February 1 at 6:51 AM logoTCF Financial (TCB) Fell 7.5% as Q4 Earnings Lag; Costs Up (NYSE:TCB) - January 30 at 11:40 AM logoTCF Financial Corp. :TCB-US: Earnings Analysis: 2016 By the Numbers : January 30, 2017 (NYSE:TCB) - January 30 at 11:40 AM logo8:02 am TCF Financial misses by $0.03 (NYSE:TCB) - January 29 at 10:36 PM logoTCF Financial Corp. (TCB) Misses Q4 EPS by 4c (NYSE:TCB) - January 28 at 9:22 PM logoMean Rating Of TCF Financial Corporation (NYSE:TCB) At $2.79 (NYSE:TCB) - January 28 at 9:22 PM logoTCF Financial Corp. Announces 5% Fall In Q4 Bottom Line (NYSE:TCB) - January 28 at 6:52 AM
News IconTCF Financial (NYSE:TCB) 4Q16 earnings sneak peak (NYSE:TCB) - January 28 at 6:52 AM logoTCF Financial's (TCB) CEO Craig Dahl on Q4 2016 Results - Earnings Call Transcript (NYSE:TCB) - January 28 at 6:51 AM logoQ4 2016 TCF Financial Corp Earnings Release - Before Market Open (NYSE:TCB) - January 28 at 6:51 AM logoTCF Reports Quarterly Net Income of $50.1 Million, or 27 Cents Per Share and Annual Net Income of $212.1 Million, or $1.15 Per Share (NYSE:TCB) - January 28 at 6:51 AM logoTCF misses Street 4Q forecasts (NYSE:TCB) - January 28 at 6:51 AM logoEdited Transcript of TCB earnings conference call or presentation 27-Jan-17 3:00pm GMT (NYSE:TCB) - January 28 at 6:51 AM
News IconTracking CCI Levels on Shares of TCF Financial Corporation (TCB) - Springdale Times (NYSE:TCB) - January 27 at 6:07 AM logoTCF Financial Corp. (TCB) Declares $0.075 Quarterly Dividend; 1.6% Yield - (NYSE:TCB) - January 26 at 6:15 AM logoTCF Declares Quarterly Cash Dividends (NYSE:TCB) - January 26 at 6:15 AM
News IconEarnings in Full Force, Analysts Take Aim at TCF Financial Corporation (NYSE:TCB) - Wall Street Beacon (NYSE:TCB) - January 25 at 6:27 AM
News IconTechnicals in Focus for TCF Financial Corporation (TCB) - The USA Commerce (NYSE:TCB) - January 23 at 11:13 PM logoFaruqi & Faruqi, LLP is Investigating TCF Financial Corporation ... - PR Newswire (press release) (NYSE:TCB) - January 23 at 11:13 PM logoFaruqi & Faruqi, LLP is Investigating TCF Financial Corporation (TCB) on Behalf of its Shareholders (NYSE:TCB) - January 23 at 11:13 PM
News IconTechnical Review on Shares of TCF Financial Corporation (TCB) - Springdale Times (NYSE:TCB) - January 23 at 8:07 AM logoTCF Financial Corp. breached its 50 day moving average in a Bullish Manner : TCB-US : January 23, 2017 (NYSE:TCB) - January 23 at 8:07 AM
News IconNext Weeks Broker Price Targets For TCF Financial Corporation (NYSE:TCB) (NYSE:TCB) - January 21 at 7:52 PM


What is TCF Financial's stock symbol?

TCF Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "TCB."

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

TCF Financial announced a quarterly dividend on Wednesday, January 25th. Stockholders of record on Wednesday, February 15th will be given a dividend of $0.075 per share on Wednesday, March 1st. This represents a $0.30 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Monday, February 13th.

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

13 brokers have issued 1-year price objectives for TCF Financial's stock. Their predictions range from $13.00 to $21.00. On average, they expect TCF Financial's share price to reach $17.70 in the next year.

When will TCF Financial announce their earnings?

TCF Financial is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.

What are analysts saying about TCF Financial stock?

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

  • 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)

  • According to Zacks Investment Research, "TCF Financial's shares underperformed the Zacks categorized Midwest Banks industry over the past three months. The company’s fourth-quarter 2016 earnings lagged the Zacks Consensus Estimate on higher expenses. Though a stringent regulatory landscape limits business flexibility, the company benefits from an improving credit quality in consumer real estate portfolio and has been witnessing enhanced profitability ratios as well. Also, the company raised its prime lending rate to 3.75%, following the Fed interest rate hike to 0.50%-0.75%. Further, increasing loans and strong deposit mix keeps us encouraged about its organic growth prospects. However, bottom-line growth remains challenged by the company’s expanding cost base." (1/30/2017)

Who owns TCF Financial stock?

TCF Financial's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (9.38%), Dimensional Fund Advisors LP (5.31%), State Street Corp (4.08%), Allianz Asset Management AG (1.39%), Disciplined Growth Investors Inc. MN (1.11%) and AQR Capital Management LLC (0.96%). Company insiders that own TCF Financial stock include Barbara E Shaw, Barry N Winslow, Peter Bell, Thomas A Cusick, William Allen Cooper and William F Bieber.

Who sold TCF Financial stock? Who is selling TCF Financial stock?

TCF Financial's stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management AG, Renaissance Technologies LLC, Folger Hill Asset Management LP, Cipher Capital LP, Credit Agricole S A, Federated Investors Inc. PA, Barings LLC and Century Capital Management LLC.

Who bought TCF Financial stock? Who is buying TCF Financial stock?

TCF Financial's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Basswood Capital Management L.L.C., Russell Investments Group Ltd., Dimensional Fund Advisors LP, Comerica Bank, Martingale Asset Management L P, Gillson Capital LP and Leuthold Group LLC. Company insiders that have bought TCF Financial stock in the last two years include Thomas A Cusick and William Allen Cooper.

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.

How much does a share of TCF Financial stock cost?

One share of TCF Financial stock can currently be purchased for approximately $17.51.

TCF Financial (NYSE:TCB) Chart for Sunday, February, 26, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for TCF Financial (NYSE:TCB)

Earnings History Chart

Earnings by Quarter for TCF Financial (NYSE:TCB)

Dividend History Chart

Dividend Payments by Quarter for TCF Financial (NYSE:TCB)

Last Updated on 2/26/2017 by Staff