(TCB) Expected to Announce Earnings of $0.26 Per Share

Cornelia Mascio
Aprile 27, 2017

Further, stringent regulatory landscape remains near-term headwind. The decline was chiefly attributable to the recovery of previously charged-off consumer real estate non-accrual loans that were sold, partially offset by an increase in net charge-offs in the commercial portfolio and auto finance portfolio. The company's increasing loans and strong deposit mix keeps us encouraged about its organic growth prospects.

TCB has been the subject of a number of research analyst reports. They presently have a $18.00 price target on the bank's stock. TCF Financial Corporation (TCB) now trades with a market capitalization of $2.86 Billion.

TCF Financial Corporation (TCB) belongs to the "Financial" sector with an industry focus on "Money Center Banks", with Mr. Craig R. Dahl as Vice Chairman, Chief Exec. Officer and Pres.

In case of Revenue Estimates, 233000 analysts have provided their consensus Average Revenue Estimates for TCF Financial Corporation as 13000. These holdings make up 78.83% of the company's outstanding shares. The stock of TCF Financial Corporation (NYSE:TCB) earned "Outperform" rating by FBR Capital on Saturday, September 5. The P/E ratio was recorded at 14.83.The volatility in the previous week has experienced by 3.00% and observed of 2.90% in the previous month.84.40% ownership is held by institutional investors while insiders hold ownership of 1.50%. Latest closing price was -0.07% below its 50-day moving average and 6.34% above its 200-day moving average.

Net interest income for the first quarter of 2017 raised $10.5 million, or 4.9 percent, contrast with the first quarter of 2016 and raised $10.7 million, or 5.0 percent, contrast with the fourth quarter of 2016.

The bank, based in Wayzata, Minnesota, said it had earnings of 25 cents per share. The firm earned $327.11 million during the quarter, compared to the consensus estimate of $332.03 million. The Return on Equity (ROE) value stands at 9%.

The company reported an impressive total revenue of 0 in the last fiscal year. During the same period in the prior year, the business posted $0.26 earnings per share. On average, equities research analysts forecast that TCF Financial will post $1.23 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 1st. American Intll Group Inc invested in 329,610 shares or 0.02% of the stock.

Dividend History for TCF Financial Co. TCF Financial had 13 analyst reports since August 26, 2015 according to SRatingsIntel. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of USA & global trademark and copyright legislation. Feltl & Co downgraded the stock to "Hold" rating in Friday, December 2 report.

Looking about the past performance history, the company jumped 3.15% in past week and climbed 7.65% in one month. Following the transaction, the director now directly owns 2,365 shares of the company's stock, valued at $41,505.75. The shares were sold at an average price of $17.55, for a total transaction of $105,300.00. The disclosure for this sale can be found here. The company's 5 year Earnings per share growth and Capital Spending growth remains at 10.21 and 4.29.

Large investors have recently modified their holdings of the stock. Acrospire Investment Management LLC boosted its stake in TCF Financial by 40.5% in the third quarter.

While trading at volume above than average, Viacom, Inc. MAI Capital Management now owns 11,728 shares of the bank's stock worth $170,000 after buying an additional 1,066 shares during the period. BlackRock Fund Advisors boosted its stake in shares of TCF Financial by 4.5% in the third quarter. Tower Research Capital LLC TRC now owns 9,837 shares of the bank's stock valued at $143,000 after buying an additional 9,248 shares during the period. Guggenheim Capital LLC boosted its position in shares of TCF Financial by 97.2% in the fourth quarter.

On 10/19/2015 announced a quarterly dividend of $0.08 1.93% with an ex dividend date of 11/10/2015 which will be payable on 11/13/2015.

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