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TCB $16.86

TCB target price
16.86
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TCF Financial Corporation
Type
Public
Traded as
  • NYSE: TCF
  • S&P 400 component
Industry Banking
Founded 1923 (1923)
Headquarters Wayzata, MN, USA
Number of locations
425
Area served
Midwest and Mountain West
Total assets US$18.4 billion
Website tcfbank.com

TCF Financial Corporation is a Wayzata, Minnesota-based national bank holding company. As of December 31, 2013, TCF had $18.4 billion in total assets and nearly 430 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona, and South Dakota, providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing and equipment finance business in all 50 states, commercial inventory finance business in the United States and Canada, and indirect auto finance business in 45 states.

Banking:

Leasing:

Inventory Finance:

Auto Finance:

Philanthropy:

TCF Financial Corporation began business in 1923 as Twin City Building and Loan Association.In 1936 it was given a federal charter and renamed as Twin City Federal Savings and Loan Association. The company went public in 1986 chartered under the name TCF Banking and Savings, F.A. (TCF Bank). In the 1990s, the company expanded banking into Michigan through the acquisitions of First Federal Savings Bank of Oakland County and Great Lakes National Bank. 1997 saw the acquisition of Winthrop Resources Corporation and 2004 saw the acquisition of VGM Leasing, Inc. In 2008, TCF entered the commercial inventory finance business in the U.S. and Canada with the creation of TCF Inventory Finance, Inc. TCF then entered the indirect auto finance business with the acquisition of Gateway One Lending & Finance in 2011.

TCF's primary funding source for its loan and lease growth is its low cost, core deposit base. TCF offers various banking services: checking; traditional, supermarket and campus branches; debit cards with Apple Pay, coin counting and withdrawals at ATMs; and TCF Online Banking and Mobile Banking.

TCF maintains a well-diversified loan and lease portfolio by business unit, segment, geography, rate, duration and collateral type. TCF's loan and lease portfolio consists of consumer real estate, commercial, leasing and equipment finance, inventory finance and auto finance.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-07-09 Reiterated Rating JPMorgan Chase & Co. Hold
2016-07-07 Reiterated Rating Jefferies Group Hold $13.50
2016-07-07 Lower Price Target JPMorgan Chase & Co. Neutral $13.50 to $13.00
2016-04-24 Reiterated Rating BMO Capital Markets Hold
2016-04-23 Reiterated Rating FBR & Co. Buy
2016-04-23 Reiterated Rating FBR & Co Buy
2016-04-22 Boost Price Target FBR & Co. Outperform $15.00 to $16.00
2016-04-07 Initiated Coverage Stephens Overweight
2016-04-05 Reiterated Rating Deutsche Bank Buy $15.00
2016-04-05 Reiterated Rating Deutsche Bank AG Buy $15.00
2016-03-20 Reiterated Rating Deutsche Bank Buy $15.00
2016-02-09 Upgrade Compass Point Sell to Neutral $13.00 to $12.50
2016-02-07 Reiterated Rating FBR & Co. Outperform
2016-02-01 Lower Price Target BMO Capital Markets Market Perform $15.00 to $14.00
2016-02-01 Lower Price Target Jefferies Group Hold $13.00
2016-01-31 Reiterated Rating FBR & Co. Outperform $15.00
2016-01-29 Lower Price Target Keefe, Bruyette & Woods $16.50 to $15.00
2016-01-29 Lower Price Target Barclays Overweight $18.00 to $14.00
2016-01-29 Lower Price Target RBC Capital Outperform $19.00 to $16.00
2016-01-29 Lower Price Target Barclays PLC Overweight $18.00 to $14.00
2016-01-29 Lower Price Target Royal Bank Of Canada Outperform $19.00 to $16.00
2016-01-13 Lower Price Target Deutsche Bank $18.00 to $16.00
2015-11-01 Reiterated Rating Deutsche Bank Buy $19.00 to $18.00
2015-10-09 Reiterated Rating Barclays Buy $19.00 to $18.00
2015-10-06 Lower Price Target Jefferies Group Hold $18.00 to $17.00
2015-09-05 Reiterated Rating FBR & Co. Outperform $18.00
2015-09-01 Reiterated Rating Compass Point Sell $14.00
2015-08-26 Lower Price Target BMO Capital Markets Market Perform $17.00 to $16.00
2015-07-02 Boost Price Target Jefferies Group $17.00 to $18.00
2015-06-30 Downgrade Sandler O'Neill Buy to Hold
2015-06-16 Boost Price Target Barclays Overweight $17.00 to $19.00
2015-04-22 Lower Price Target Keefe, Bruyette & Woods Market Perform $16.00 to $15.50
2015-04-22 Lower Price Target Barclays Overweight $19.00 to $17.00
2015-01-30 Lower Price Target Keefe, Bruyette & Woods Market Perform $16.50 to $16.00
2015-01-29 Upgrade DA Davidson Neutral to Buy $17.00
2014-12-19 Initiated Coverage Wells Fargo & Co. Market Perform
2014-12-19 Initiated Coverage Wells Fargo Market Perform
2014-10-30 Reiterated Rating Jefferies Group Hold $18.00 to $17.00
2014-10-27 Reiterated Rating Keefe, Bruyette & Woods Market Perform $17.00 to $16.50
2014-10-27 Reiterated Rating DA Davidson Neutral $18.50 to $17.00
2014-07-28 Reiterated Rating JPMorgan Chase & Co. Neutral $18.00 to $18.50
2014-07-25 Boost Price Target FBR & Co. Outperform $18.00 to $19.00
2014-07-09 Upgrade Sterne Agee CRT Neutral to Buy
2014-07-07 Upgrade Raymond James Underperform to Market Perform
2014-07-07 Upgrade Raymond James Financial Inc. Underperform to Market Perform
2014-05-12 Reiterated Rating Deutsche Bank Buy to Buy $18.00
2014-05-12 Upgrade FBR & Co. Market Perform to Outperform $18.00
2014-04-23 Reiterated Rating Deutsche Bank Buy $18.00
2014-04-23 Boost Price Target Keefe, Bruyette & Woods Market Perform $16.00 to $17.00
2014-04-23 Boost Price Target Barclays Overweight $18.00 to $19.00
2014-04-23 Boost Price Target Jefferies Group $17.00 to $18.00
2014-04-02 Upgrade Sandler O'Neill Hold to Buy
2014-03-27 Boost Price Target Morgan Stanley $17.00 to $18.00
2014-03-27 Reiterated Rating DA Davidson Neutral $18.50
2014-01-30 Reiterated Rating Deutsche Bank Buy $18.00
2014-01-30 Boost Price Target Keefe, Bruyette & Woods $15.00 to $16.00
2014-01-08 Upgrade Oppenheimer Market Perform to Outperform
2013-10-31 Boost Price Target Jefferies Group Hold $16.00 to $17.00
2013-10-08 Initiated Coverage Evercore ISI Neutral $15.50
2011-10-31 Downgrade Compass Point Neutral to Sell $16 to $9
2011-09-07 Reiterated Stifel Nicolaus Buy $14 to $15
2011-05-09 Reiterated Compass Point Neutral $14 to $16
2016-07-09 Reiterated Rating JPMorgan Chase & Co. Hold
2016-07-07 Reiterated Rating Jefferies Group Hold $13.50
2016-07-07 Lower Price Target JPMorgan Chase & Co. Neutral $13.50 to $13.00
2016-04-24 Reiterated Rating BMO Capital Markets Hold
2016-04-23 Reiterated Rating FBR & Co. Buy

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
COOPER WILLIAM ALLEN Chairman & CEO 0.60%  (1000000) TCB /
STRATTON EARL D EVP, COO, CPO 0.15%  (245687) TCB /
Henak William S. EVP 0.14%  (227567) TCB /
Jasper Thomas F Vice Chair & EVP, Finance 0.10%  (169246) TCB /
SCHWALBACH GERALD A 0.09%  (152096) TCB /
JOHNSON GEORGE G 0.07%  (120063) TCB /
BIEBER WILLIAM F 0.07%  (116008) TCB /
DAHL CRAIG R Vice Chair & EVP, Lending 0.07%  (112500) TCB /
Maass Brian W CFO, Treasurer 0.05%  (87345) TCB /
Opperman Vance K 0.05%  (85223) TCB /
ZONA RICHARD A 0.04%  (68420) TCB /
Grandstrand Karen L 0.04%  (68125) TCB /
Butterfield Thomas John Chief Information Officer 0.04%  (64535) TCB /
Bigos Theodore 0.04%  (64426) TCB /
Costa James M Chief Risk Officer 0.04%  (63692) TCB /
Schuette Tamara K. SVP, Corporate Controller 0.04%  (62824) TCB /
Green Joseph T SVP/General Counsel 0.04%  (60904) TCB /
Nyquist Mark D SVP/Signif Subsidiary 0.03%  (55502) TCB /
CUSICK THOMAS A 0.03%  (48931) TCB /
STAUTZ DAVID M Chief Risk Officer 0.03%  (43886) TCB /
Jackson Andrew J Chief Audit Executive 0.02%  (40247) TCB /
Barton Raymond L. 0.02%  (33688) TCB /
Franzese Yvonne K Chief Human Capital Officer 0.02%  (30000) CNO / TCB /
Sit Roger J 0.02%  (28888) TCB /
Bagley Mark A Chief Credit Officer 0.01%  (25000) TCB /
RAMSTAD JAMES M 0.01%  (24805) TCB /
Bode Susan D Principal Accounting Officer 0.01%  (23767) TCB /
King Richard H 0.01%  (21452) TCB /
SHAW BARBARA E Senior Vice President 0.01%  (19743) TCB /
Jones Michael Scott CFO 0.01%  (12422) TCB /
Bell Peter 0.01%  (8664) TCB /