About TCF Financial (NYSE:TCF)
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
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:TCF
CUSIP87227510
Phone952-745-2760
Debt
Debt-to-Equity Ratio0.61%
Current Ratio1.02%
Quick Ratio1.03%
Price-To-Earnings
Trailing P/E Ratio20.94
Forward P/E Ratio14.44
P/E Growth1.73
Sales & Book Value
Annual Sales$1.47 billion
Price / Sales2.93
Cash Flow$2.9905 per share
Price / Cash8.40
Book Value$13.93 per share
Price / Book1.80
Profitability
EPS (Most Recent Fiscal Year)$1.20
Net Income$268.63 million
Net Margins19.62%
Return on Equity10.86%
Return on Assets1.12%
Miscellaneous
Employees6,116
Outstanding Shares170,960,000
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 Thursday, April 19th. Shareholders of record on Tuesday, May 15th will be given a dividend of $0.15 per share on Friday, June 1st. This represents a $0.60 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date is Monday, May 14th. View TCF Financial's Dividend History.
How were TCF Financial's earnings last quarter?
TCF Financial Co. (NYSE:TCF) announced its earnings results on Monday, April, 23rd. The bank reported $0.39 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.02. The bank earned $355.40 million during the quarter, compared to the consensus estimate of $349.56 million. TCF Financial had a net margin of 19.62% and a return on equity of 10.86%. TCF Financial's quarterly revenue was up 9.2% compared to the same quarter last year. View TCF Financial's Earnings History.
When is TCF Financial's next earnings date?
What price target have analysts set for TCF?
14 Wall Street analysts have issued 12 month price objectives for TCF Financial's shares. Their forecasts range from $14.00 to $28.00. On average, they anticipate TCF Financial's share price to reach $23.8077 in the next year. View Analyst Ratings for TCF Financial.
Who are some of TCF Financial's key competitors?
Some companies that are related to TCF Financial include Comerica (CMA), Huntington Bancshares (HBAN), Zions Bancorporation (ZION), Akbank (AKBTY), Cullen/Frost Bankers (CFR), CIT Group (CIT), BOK Financial (BOKF), PacWest Banc (PACW), Synovus (SNV), First Horizon National (FHN), Webster Bank (WBS), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), FNB (FNB) and Valley National Bank (VLY).
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)
Has TCF Financial been receiving favorable news coverage?
News headlines about TCF stock have trended positive on Thursday, Accern reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. TCF Financial earned a media sentiment score of 0.39 on Accern's scale. They also gave press coverage about the bank an impact score of 47.17 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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 $25.12.
How big of a company is TCF Financial?
TCF Financial has a market capitalization of $4.24 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.
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 (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.
TCF Financial (NYSE:TCF) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
14 Wall Street analysts have issued ratings and price targets for TCF Financial in the last 12 months. Their average twelve-month price target is $23.8077, suggesting that the stock has a possible downside of 5.22%. The high price target for TCF is $28.00 and the low price target for TCF is $14.00. There are currently 2 sell ratings, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.21 | 2.21 | 2.31 | 2.09 |
| Ratings Breakdown: | 2 Sell Rating(s)
7 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
7 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
7 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
8 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $23.8077 | $22.0385 | $19.5833 | $18.10 |
| Price Target Upside: | 5.22% downside | 0.68% downside | 7.49% downside | 2.43% upside |
TCF Financial (NYSE:TCF) Consensus Price Target History
TCF Financial (NYSE:TCF) Analyst Ratings History
Show:
(Data available from 4/26/2016 forward)
TCF Financial (NYSE:TCF) Dividend Information
TCF Financial pays an annual dividend of $0.60 per share, with a dividend yield of 2.39%. TCF's next quarterly dividend payment will be made on Friday, June 1. TCF Financial pays out 50.00% of its earnings out as a dividend.
| Next Dividend: | 6/1/2018 |
| Annual Dividend: | $0.60 |
| Dividend Yield: | 2.39% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 50.00% (Trailing 12 Months of Earnings)
34.48% (Based on This Year's Estimates)
32.26% (Based on Next Year's Estimates)
|
TCF Financial (NYSE:TCF) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/19/2018 | quarterly | $0.15 | 2.63% | 5/14/2018 | 5/15/2018 | 6/1/2018 |
| 1/31/2018 | quarterly | $0.15 | 2.8% | 2/14/2018 | 2/15/2018 | 3/1/2018 |
| 10/19/2017 | quarterly | $0.0750 | 1.75% | 11/14/2017 | 11/15/2017 | 12/1/2017 |
| 7/19/2017 | Quarterly | $0.0750 | 1.89% | 8/11/2017 | 8/15/2017 | 9/1/2017 |
| 4/20/2017 | Quarterly | $0.0750 | | 5/11/2017 | 5/15/2017 | 6/1/2017 |
| 4/20/2017 | quarterly | $0.0750 | 1.76% | 5/11/2017 | 5/15/2017 | 6/1/2017 |
| 1/25/2017 | quarterly | $0.0750 | 1.57% | 2/13/2017 | 2/15/2017 | 3/1/2017 |
| 10/19/2016 | quarterly | $0.0750 | 2.05% | 11/10/2016 | 11/15/2016 | 12/1/2016 |
| 7/20/2016 | quarterly | $0.0750 | 2.3% | 8/11/2016 | 8/15/2016 | 9/1/2016 |
| 4/20/2016 | quarterly | $0.0750 | 2.25% | 5/11/2016 | 5/13/2016 | 6/1/2016 |
| 1/22/2016 | quarterly | $0.0750 | 2.59% | 2/10/2016 | 2/12/2016 | 3/1/2016 |
| 10/19/2015 | quarterly | $0.0750 | 1.93% | 11/10/2015 | 11/13/2015 | 12/1/2015 |
| 7/20/2015 | quarterly | $0.05 | | 8/12/2015 | 8/14/2015 | 9/1/2015 |
| 4/20/2015 | quarterly | $0.05 | 1.31% | 5/13/2015 | 5/15/2015 | 6/1/2015 |
| 1/23/2015 | quarterly | $0.05 | 1.33% | 2/11/2015 | 2/13/2015 | 3/2/2015 |
| 10/20/2014 | quarterly | $0.05 | 1.32% | 11/12/2014 | 11/14/2014 | 12/1/2014 |
| 7/21/2014 | quarterly | $0.05 | 1.25% | 8/13/2014 | 8/15/2014 | 9/2/2014 |
| 4/21/2014 | quarterly | $0.05 | 1.22% | 5/13/2014 | 5/15/2014 | 6/2/2014 |
| 1/27/2014 | quarterly | $0.05 | 1.22% | 2/12/2014 | 2/14/2014 | 3/3/2014 |
| 10/22/2013 | quarterly | $0.05 | 1.31% | 11/13/2013 | 11/15/2013 | 11/29/2013 |
| 7/22/2013 | quarterly | $0.05 | 1.24% | 8/13/2013 | 8/15/2013 | 8/30/2013 |
| 4/17/2013 | quarterly | $0.05 | 1.44% | 5/13/2013 | 5/15/2013 | 5/31/2013 |
| 1/24/2013 | quarterly | $0.05 | 1.53% | 2/13/2013 | 2/15/2013 | 2/28/2013 |
(Data available from 1/1/2013 forward)
TCF Financial (NYSE TCF) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.34%
Institutional Ownership Percentage: 84.82%
TCF Financial (NYSE TCF) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/13/2017 | Peter Bell | Director | Sell | 15,000 | $20.53 | $307,950.00 | |  |
| 9/14/2017 | Barry N Winslow | Director | Buy | 12,000 | $25.00 | $300,000.00 | 2,365 | |
| 6/8/2017 | Barry N Winslow | Director | Buy | 476 | $25.74 | $12,252.24 | 2,365 | |
| 6/8/2017 | Brian W Maass | CFO | Buy | 3,225 | $15.50 | $49,987.50 | 60,027 | |
| 6/6/2017 | Barry N Winslow | Director | Buy | 500 | $25.55 | $12,775.00 | 2,365 | |
| 6/1/2017 | Barry N Winslow | Director | Sell | 10,274 | $25.19 | $258,802.06 | 2,365 | |
| 3/16/2017 | Barry N Winslow | Director | Sell | 6,000 | $17.55 | $105,300.00 | 2,365 | |
| 2/14/2017 | Barry N. Winslow | Director | Sell | 75,000 | $17.51 | $1,313,250.00 | | |
| 11/30/2015 | William Allen Cooper | CEO | Sell | 84,066 | $15.50 | $1,303,023.00 | 20,000 | |
| 11/25/2015 | William Allen Cooper | CEO | Sell | 17,427 | $15.50 | $270,118.50 | 20,000 | |
| 11/23/2015 | William Allen Cooper | CEO | Sell | 16,427 | $15.50 | $254,618.50 | 20,000 | |
| 11/10/2015 | William F Bieber | Director | Sell | 6,920 | $15.43 | $106,775.60 | | |
| 10/26/2015 | Thomas A Cusick | Director | Buy | 2,500 | $26.92 | $67,300.00 | 24,100 | |
| 10/23/2015 | William Allen Cooper | CEO | Sell | 100,000 | $15.48 | $1,548,000.00 | 20,000 | |
| 9/15/2015 | William Allen Cooper | CEO | Sell | 100,000 | $15.60 | $1,560,000.00 | 20,000 | |
| 8/18/2015 | Barbara E Shaw | SVP | Sell | 35,000 | $16.50 | $577,500.00 | 16,916 | |
| 6/15/2015 | Barry N Winslow | Director | Sell | 66,098 | $16.94 | $1,119,700.12 | | |
| 6/11/2015 | Peter Bell | Director | Sell | 6,000 | $16.93 | $101,580.00 | | |
| 5/8/2015 | William Allen Cooper | CEO | Buy | 10,940 | $27.52 | $301,068.80 | | |
| 5/1/2015 | William Allen Cooper | CEO | Buy | 11,423 | $25.50 | $291,286.50 | | |
| 3/17/2015 | Barry N Winslow | Director | Sell | 175,000 | $15.96 | $2,793,000.00 | | |
| 2/3/2015 | Thomas A Cusick | Director | Buy | 5,770 | $26.99 | $155,732.30 | | |
| 8/4/2014 | Theodore Bigos | Director | Buy | 8,000 | $15.29 | $122,320.00 | | |
| 5/21/2014 | Theodore Bigos | Director | Buy | 4,000 | $26.23 | $104,920.00 | 4,697 | |
| 7/26/2013 | George G Johnson | Director | Sell | 16,166 | $16.09 | $260,110.94 | | |
| 7/25/2013 | Barry N Winslow | Chairman | Sell | 100,000 | $16.50 | $1,650,000.00 | | |
| 7/24/2013 | Joseph T Green | SVP | Sell | 21,428 | $16.16 | $346,276.48 | | |
| 5/8/2013 | William Allen Cooper | CEO | Sell | 500,000 | $15.00 | $7,500,000.00 | | |
| 5/7/2013 | Thomas F Jasper | EVP | Sell | 17,500 | $15.00 | $262,500.00 | | |
(Data available from 1/1/2013 forward)
TCF Financial (NYSE TCF) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | TCF Financial Co. to Post FY2018 Earnings of $1.79 Per Share, DA Davidson Forecasts (TCF)
www.americanbankingnews.com - April 26 at 10:02 AM |
| Brokers Issue Forecasts for TCF Financial Co.'s FY2018 Earnings (TCF)
www.americanbankingnews.com - April 26 at 10:02 AM |
| TCF Financial Co. (TCF) Forecasted to Post Q2 2018 Earnings of $0.45 Per Share
www.americanbankingnews.com - April 26 at 9:02 AM |
 | TCF Financial Corporation 2018 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 25 at 4:24 PM |
| Q2 2018 EPS Estimates for TCF Financial Co. (TCF) Boosted by Piper Jaffray
www.americanbankingnews.com - April 25 at 8:28 AM |
| Q2 2018 EPS Estimates for TCF Financial Co. (TCF) Boosted by Analyst
www.americanbankingnews.com - April 25 at 8:28 AM |
 | TCF Financial (TCF) Stock Jumps 7.27% on Q1 Earnings Beat
finance.yahoo.com - April 24 at 4:26 PM |
| TCF Financial (TCF) Given Hold Rating at Barclays
www.americanbankingnews.com - April 24 at 1:22 PM |
| TCF Financial (TCF) Given New $28.00 Price Target at BMO Capital Markets
www.americanbankingnews.com - April 24 at 11:34 AM |
| TCF Financial (TCF) PT Raised to $25.00 at Morgan Stanley
www.americanbankingnews.com - April 24 at 11:02 AM |
 | TCF Financial Corporation (TCF) Tops Q1 EPS by 1c, Beats on Revenues
www.streetinsider.com - April 24 at 9:42 AM |
| TCF Financial (TCF) Given New $26.00 Price Target at Deutsche Bank
www.americanbankingnews.com - April 24 at 8:50 AM |
| TCF Financial (TCF) Given "Hold" Rating at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 24 at 8:02 AM |
| TCF Financial's (TCF) "Buy" Rating Reaffirmed at Royal Bank of Canada
www.americanbankingnews.com - April 24 at 7:44 AM |
| TCF Financial (TCF) Upgraded at ValuEngine
www.americanbankingnews.com - April 23 at 11:18 PM |
 | June 15th Options Now Available For TCF Financial (TCF)
www.nasdaq.com - April 23 at 4:13 PM |
| TCF Financial's (TCF) CEO Craig Dahl on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - April 23 at 4:13 PM |
| TCF Financial up 7% on Q1 results.
seekingalpha.com - April 23 at 3:46 PM |
| TCF Financial beats by $0.02, beats on net interest income
seekingalpha.com - April 23 at 9:26 AM |
| TCF: 1Q Earnings Snapshot
finance.yahoo.com - April 23 at 9:26 AM |
| TCF Reports Quarterly Net Income of $73.8 Million and Diluted Earnings Per Share of 39 Cents
finance.yahoo.com - April 23 at 9:26 AM |
| TCF Financial (TCF) Releases Earnings Results, Beats Expectations By $0.02 EPS
www.americanbankingnews.com - April 23 at 9:20 AM |
| TCF Financial Co. (TCF) to Issue $0.15 Quarterly Dividend
www.americanbankingnews.com - April 19 at 5:16 PM |
| Form 4 TCF FINANCIAL CORP For: Apr 16 Filed by: Bode Susan D
www.streetinsider.com - April 19 at 9:46 AM |
| TCF Financial (TCF) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - April 16 at 4:04 AM |
| TCF Financial Co. (TCF) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - April 15 at 1:37 AM |
| TCF to Announce First Quarter 2018 Earnings and Host Conference Call on Monday, April 23, 2018
finance.yahoo.com - April 12 at 10:42 AM |
| TCF Financial (TCF) Price Target Increased to $23.00 by Analysts at Barclays
www.americanbankingnews.com - April 11 at 2:21 PM |
| TCF Financial (TCF) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - April 6 at 12:35 PM |
| Q1 2018 Earnings Forecast for TCF Financial Co. (TCF) Issued By Jefferies Group
www.americanbankingnews.com - April 6 at 7:55 AM |
| TCF Financial (TCF) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - April 5 at 2:58 PM |
| FY2018 Earnings Forecast for TCF Financial Co. (TCF) Issued By Jefferies Group
www.americanbankingnews.com - April 5 at 8:40 AM |
 | Prospective Resource Increased 240% to 3.3 TCF
globenewswire.com - April 4 at 5:20 PM |
| TCF Inventory Finance Marks 10 Years in Business
finance.yahoo.com - April 3 at 4:16 PM |
| TCF Financial (TCF) Upgraded to Buy by DA Davidson
www.americanbankingnews.com - April 2 at 9:12 PM |
| TCF Financial (TCF) Given New $18.00 Price Target at Deutsche Bank
www.americanbankingnews.com - April 1 at 12:40 AM |
| TCF Financial (TCF) Rating Reiterated by Piper Jaffray
www.americanbankingnews.com - March 30 at 1:14 PM |
| TCF Financial (TCF) Stock Rating Reaffirmed by Sandler O'Neill
www.americanbankingnews.com - March 27 at 5:10 PM |
| TCF Financial (TCF) Cut to Underweight at JPMorgan Chase & Co.
www.americanbankingnews.com - March 26 at 10:59 AM |
| Barclays Downgrades TCF Financial (TCF) to Equal Weight
www.americanbankingnews.com - March 25 at 10:57 PM |
| TCF Financial (TCF) Stock Rating Reaffirmed by Jefferies Group
www.americanbankingnews.com - March 25 at 10:22 PM |
| Financial Sector Update for 03/22/2018: C,ARE,STBA,ACFC,ABCB - Nasdaq
www.nasdaq.com - March 23 at 4:06 PM |
| TCF Financial (TCF) Receives New Coverage from Analysts at UBS
www.americanbankingnews.com - March 22 at 9:48 PM |
| Financial Sector Update for 03/22/2018: ARE,STBA,ACFC,ABCB - Nasdaq
www.nasdaq.com - March 22 at 4:09 PM |
| TCF Bank Raises Prime Rate to 4.75 Percent
finance.yahoo.com - March 22 at 10:00 AM |
| TCF Financial Co. (TCF) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - March 21 at 1:58 AM |
| TCF Financial (TCF) Price Target Raised to $23.00 at Morgan Stanley
www.americanbankingnews.com - March 7 at 4:58 PM |
 | Bad Code Disrupted Ads on Newsweek Publisher’s International Sites As DA Investigates Company Finances
www.msn.com - March 7 at 9:53 AM |
| TCF Financial Co. (TCF) Shares Bought by Allianz Asset Management GmbH
www.americanbankingnews.com - March 4 at 4:18 AM |
| State of Tennessee Treasury Department Invests $4.72 Million in TCF Financial Co. (TCF) Stock
www.americanbankingnews.com - March 3 at 10:12 AM |
TCF Financial (NYSE:TCF) SEC Filings
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TCF Financial (NYSE:TCF) Income Statement, Balance Sheet and Cash Flow Statement
TCF Financial (NYSE TCF) Stock Chart for Thursday, April, 26, 2018
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