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TCF Financial Corp (TCF.N)

TCF.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

TCF Financial Corp To Record A One-Time, Estimated Net Tax Benefit Between $120 Mln-$140 Mln From Tax Reform
Friday, 29 Dec 2017 

Dec 29 (Reuters) - TCF Financial Corp ::TCF FINANCIAL CORPORATION ANNOUNCES ESTIMATED IMPACT OF TAX REFORM.TCF FINANCIAL CORP - AS A RESULT OF TAX REFORM, CO TO RECORD A ONE-TIME, ESTIMATED NET TAX BENEFIT BETWEEN $120 MILLION AND $140 MILLION.TCF FINANCIAL CORP SAYS THE ESTIMATED DECREASE TO INCOME TAX EXPENSE WILL BE REFLECTED IN CO'S OPERATING RESULTS FOR Q4 OF 2017.  Full Article

TCF To Discontinue Indirect Auto Originations, Authorizes New Share Repurchase Program
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Tcf Financial Corp ::TCF TO DISCONTINUE INDIRECT AUTO ORIGINATIONS, AUTHORIZES NEW SHARE REPURCHASE PROGRAM.‍ANNOUNCED THAT IT WILL DISCONTINUE ALL INDIRECT AUTO LOAN ORIGINATIONS, EFFECTIVE DECEMBER 1, 2017​.- TCF TO CONTINUE SERVICING EXISTING AUTO PORTFOLIO (OWNED AND SERVICED FOR OTHERS).TCF FINANCIAL - ‍BOARD APPROVED REPLACEMENT OF PREVIOUS SHARE REPURCHASE PROGRAM WITH NEW AUTHORIZATION TO REPURCHASE UP TO $150 MILLION OF COMMON STOCK​.TCF FINANCIAL - ‍EXPECTS TO RECOGNIZE A ONE-TIME, AFTER-TAX CHARGE IN Q4 OF AN AFTER-TAX CHARGE FOR GOODWILL AND OTHER INTANGIBLES OF $73.4 MILLION​.‍ALSO EXPECTS TO RECOGNIZE AFTER-TAX RESTRUCTURING CHARGE BETWEEN ABOUT $7.0 MILLION AND $12.0 MILLION FOR ITEMS SUCH AS SEVERANCE​.  Full Article

TCF Bank signs definitive agreement to acquire Rubicon Mortgage Advisors
Monday, 30 Oct 2017 

Oct 30 (Reuters) - TCF Financial Corp ::TCF Bank signs definitive agreement to acquire Rubicon Mortgage Advisors.TCF Financial Corp - ‍financial terms of agreement were not disclosed​.TCF Financial Corp - ‍signed definitive agreement to acquire Rubicon Mortgage Advisors, LLC, a residential mortgage lender​.  Full Article

TCF Q3 earnings per share $0.29
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Tcf Financial Corp :Tcf reports quarterly net income of $60.5 million, or 29 cents per share.Q3 earnings per share $0.29.Q3 revenue rose 3.5 percent to $343.3 million.Q3 revenue view $234.3 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.Tcf financial corp - qtrly ‍net interest income of $234.1 million, up 10.4 percent from q3 of 2016​.  Full Article

TCF Financial Corp reports Q2 net income of 31 cents per share
Friday, 22 Jul 2016 

TCF Financial Corp : TCF Financial Corp qtrly revenue of $330.9 million, up 3.6 percent from Q2 of 2015 . Net interest income for Q2 of 2016 increased 3.4 percent to $213 million, compared with Q2 of 2015 .TCF reports quarterly net income of $57.7 million, or 31 cents per share.  Full Article

TCF Financial sets qtrly dividend of $0.075 per share
Wednesday, 20 Jul 2016 

Tcf Financial Corp :Sets quarterly cash dividend of $0.075per share.  Full Article

TCF Financial Corp's TCF National Bank and New Albertson's Inc announces new multi-year retail banking services agreement
Thursday, 4 Feb 2016 

TCF Financial Corp's TCF National Bank and New Albertson's Inc:Announces new multi-year retail banking services agreement for Jewel-Osco grocery stores located in the Chicago area.Says TCF bank will close 33 retail branches inside jewel-osco stores by the end of May 2016.Expects to incur immaterial one-time pre-tax charge to Q1 earnings as result of changes related to jewel-osco service agreement.Says the new agreement is in effect until 2021, with options for TCF to renew it.When fully implemented in fiscal 2016, expects changes related to agreement to result in net positive economic impact within year.  Full Article