About TCF Financial
TCF 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
- 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%
Companies Related to TCF Financial:
- Debt-to-Equity Ratio: 0.49%
- Current Ratio: 1.04%
- Quick Ratio: 1.02%
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.