TCF Financial Corporation operates as the holding company for TCF National Bank that provides various financial products and services in the United States and Canada. It operates through Consumer Banking, Wholesale Banking, and Enterprise Services segments. The company offers checking, savings, and money market accounts; certificates of deposits; and individual retirement accounts. It also provides consumer loans; loans secured by personal property, as well as unsecured personal loans; commercial real estate products; lease and equipment financing products; inventory financing products; and residential, consumer, and small business lending products. In addition, the company offers treasury services, such as investment and borrowing portfolios, as well as manages capital, debt, and market risks. Further, it provides credit, debit, and prepaid cards; and check cashing and remittance services. As of December 31, 2017, the company had 320 branches consisting of 189 traditional branches, 128 supermarket branches, and 3 campus branches. TCF Financial Corporation was founded in 1923 and is headquartered in Wayzata, Minnesota.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:TCF
CUSIP87227510
Phone952-745-2760
Debt
Debt-to-Equity Ratio0.67
Current Ratio1.01
Quick Ratio1.00
Price-To-Earnings
Trailing P/E Ratio20.98
Forward P/E Ratio13.84
P/E Growth1.19
Sales & Book Value
Annual Sales$1.47 billion
Price / Sales2.88
Cash Flow$2.9313 per share
Price / Cash8.59
Book Value$14.05 per share
Price / Book1.79
Profitability
EPS (Most Recent Fiscal Year)$1.20
Net Income$268.63 million
Net Margins19.04%
Return on Equity11.81%
Return on Assets1.21%
Miscellaneous
Employees6,116
Outstanding Shares167,690,000
Market Cap$4.25 billion
TCF Financial (NYSE:TCF) Frequently Asked Questions
What is TCF Financial's stock symbol?
TCF Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "TCF."
How often does TCF Financial pay dividends? What is the dividend yield for TCF Financial?
TCF Financial announced a quarterly dividend on Wednesday, July 25th. Stockholders of record on Wednesday, August 15th will be paid a dividend of $0.15 per share on Tuesday, September 4th. This represents a $0.60 annualized dividend and a dividend yield of 2.38%. The ex-dividend date is Tuesday, August 14th. View TCF Financial's Dividend History.
How were TCF Financial's earnings last quarter?
TCF Financial Co. (NYSE:TCF) posted its earnings results on Friday, July, 27th. The bank reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.03. The bank earned $364.90 million during the quarter, compared to the consensus estimate of $361.56 million. TCF Financial had a net margin of 19.04% and a return on equity of 11.81%. The firm's revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.33 EPS. View TCF Financial's Earnings History.
When is TCF Financial's next earnings date?
What price target have analysts set for TCF?
16 Wall Street analysts have issued 12-month price targets for TCF Financial's shares. Their forecasts range from $22.00 to $30.00. On average, they expect TCF Financial's stock price to reach $25.7857 in the next year. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for TCF Financial.
What is the consensus analysts' recommendation for TCF Financial?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TCF Financial in the last year. There are currently 1 sell rating, 10 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TCF Financial.
Are investors shorting TCF Financial?
TCF Financial saw a decrease in short interest during the month of August. As of August 15th, there was short interest totalling 2,151,509 shares, a decrease of 45.3% from the July 31st total of 3,935,072 shares. Based on an average daily volume of 1,055,349 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.4% of the shares of the stock are sold short. View TCF Financial's Current Options Chain.
Who are some of TCF Financial's key competitors?
Some companies that are related to TCF Financial include Comerica (CMA), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), PacWest Bancorp (PACW), CIT Group (CIT), First Horizon National (FHN), Webster Financial (WBS), Synovus Financial (SNV), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), F.N.B. (FNB), MB Financial (MBFI), Valley National Bancorp (VLY) and Akbank T.A.S. (AKBTY).
Who are TCF Financial's key executives?
TCF Financial's management team includes the folowing people:
- Mr. Craig R. Dahl, Chairman, Pres & CEO (Age 63)
- Mr. Thomas F. Jasper, Vice Chairman & COO (Age 49)
- Mr. Brian W. Maass, Exec. VP & CFO (Age 45)
- Mr. William S. Henak, Exec. VP of Wholesale Banking (Age 61)
- Mr. Michael Scott Jones, Exec. VP of Consumer Banking (Age 50)
Who are TCF Financial's major shareholders?
TCF Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.68%), Dimensional Fund Advisors LP (6.32%), Millennium Management LLC (2.88%), LSV Asset Management (2.25%), Van Berkom & Associates Inc. (1.62%) and Fuller & Thaler Asset Management Inc. (1.40%). Company insiders that own TCF Financial stock include Barry N Winslow, Brian W Maass, Michael Scott Jones, Peter Bell and Thomas F Jasper. View Institutional Ownership Trends for TCF Financial.
Which institutional investors are selling TCF Financial stock?
TCF stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Deprince Race & Zollo Inc., Cooke & Bieler LP, Schwab Charles Investment Management Inc., Van Berkom & Associates Inc., First Trust Advisors LP, Dai Ichi Life Insurance Company Ltd and Cambiar Investors LLC. Company insiders that have sold TCF Financial company stock in the last year include Barry N Winslow, Brian W Maass, Michael Scott Jones, Peter Bell and Thomas F Jasper. View Insider Buying and Selling for TCF Financial.
Which institutional investors are buying TCF Financial stock?
TCF stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Assenagon Asset Management S.A., LSV Asset Management, KBC Group NV, Connor Clark & Lunn Investment Management Ltd., Janus Henderson Group PLC, Cookson Peirce & Co. Inc. and Capital Fund Management S.A.. Company insiders that have bought TCF Financial stock in the last two years include Barry N Winslow and Brian W Maass. View Insider Buying and Selling for TCF Financial.
How do I buy shares of TCF Financial?
Shares of TCF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 stock can currently be purchased for approximately $25.18.
How big of a company is TCF Financial?
TCF Financial has a market capitalization of $4.25 billion and generates $1.47 billion in revenue each year. The bank earns $268.63 million in net income (profit) each year or $1.20 on an earnings per share basis. TCF Financial employs 6,116 workers across the globe.
What is TCF Financial's official website?
How can I contact TCF Financial?
TCF Financial's mailing address is 200 LAKE STREET EAST, WAYZATA MN, 55391. The bank can be reached via phone at 952-745-2760 or via email at [email protected]
MarketBeat Community Rating for TCF Financial (NYSE TCF)
MarketBeat's community ratings are surveys of what our community members think about TCF Financial and other stocks. Vote "Outperform" if you believe TCF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TCF will underperform the S&P 500 over the long term. You may vote once every thirty days.
