Morgan Stanley reiterated coverage of TCF Financial with a rating of Equal-Weight and set a new price target of $52.00 from $48.00 previously
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Morgan Stanley reiterated coverage of TCF Financial with a rating of Equal-Weight and set a new price target of $52.00 from $48.00 previously
Morgan Stanley reiterated coverage of TCF Financial with a rating of Equal Weight and set a new price target of $48.00 from $45.00 previously
Morgan Stanley reiterated coverage of TCF Financial with a rating of Equal Weight and set a new price target of $48.00 from $45.00 previously
COLUMBUS, Ohio and DETROIT, May 25, 2021 /PRNewswire/ -- Huntington Bancshares Incorporated (NASDAQ:HBAN, ", Huntington", ))) and TCF Financial Corporation (NASDAQ:TCF, ", TCF", ))) jointly announced that the Board of Governors of the Federal Reserve System (the "Federal Reserve Board") and the Office of the Comptroller of the Currency, with input from the United States Department of Justice's Antitrust Division (the "DOJ"), have approved the proposed merger of Huntington and TCF and of The Huntington National Bank and TCF National Bank. In connection with the proposed m
TCF Financial Corporation (NASDAQ:TCF): First Quarter 2021 Highlights Quarterly net income of $123.3 million, or $0.79 per diluted share, up 35.0% from the fourth quarter of 2020 Adjusted diluted earnings per common share of $0.84(1), up 12.0% from the fourth quarter of 2020. Adjusted diluted earnings per common share excludes $6.7 million, or $0.04 per share, after-tax impact of merger-related expenses and notable items Loan and lease balances grew $1.8 billion, or 5.1%, from December 31, 2020. Loan and lease balances, excluding PPP loans(1), grew $1.4 billion, or 4.4%, from December 31, 2020 Deposit balances grew $930 million, or 2.4%, from December 31, 2020 Provision for cred
DETROIT--(BUSINESS WIRE)--TCF National Bank’s inventory finance subsidiary was named the exclusive floor plan financing provider for powersports company Speed UTV, which is owned by Robby Gordon, a former NASCAR and IndyCar racer, and Todd Romano, Founder of DragonFire Racing. Collectively, Gordon and Romano have more than 40 years of racing, engineering and business experience. They have assisted many of the major powersports original equipment manufacturers (OEMs) with product and new vehicle development, and have now decided to offer the market their own high-performance off-road vehicles, accessories and industry-leading designs. “TCF believed in our unique business model, veh
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S-8 POS - TCF FINANCIAL CORP (0000019612) (Filer)
TCF Financial Corporation (NASDAQ:TCF): First Quarter 2021 Highlights Quarterly net income of $123.3 million, or $0.79 per diluted share, up 35.0% from the fourth quarter of 2020 Adjusted diluted earnings per common share of $0.84(1), up 12.0% from the fourth quarter of 2020. Adjusted diluted earnings per common share excludes $6.7 million, or $0.04 per share, after-tax impact of merger-related expenses and notable items Loan and lease balances grew $1.8 billion, or 5.1%, from December 31, 2020. Loan and lease balances, excluding PPP loans(1), grew $1.4 billion, or 4.4%, from December 31, 2020 Deposit balances grew $930 million, or 2.4%, from December 31, 2020 Provision for cred
DETROIT--(BUSINESS WIRE)--TCF Capital Solutions, a division of TCF National Bank (“TCF”), announced that TCF has acquired BB&T Commercial Equipment Capital, Corp. (“CEC”), which includes a portfolio of approximately $1 billion of equipment finance leases and loans. CEC was Truist Bank’s national small-ticket equipment leasing and finance business. Approximately 60 employees from Truist/CEC have joined the TCF team as a result of the transaction. “We are excited the talented and experienced CEC team has joined TCF. The CEC business model is very complementary and consistent with the TCF Capital Solutions business model, which we believe will create significant incremental growth o
DETROIT--(BUSINESS WIRE)--The Board of Directors of TCF Financial Corporation (TCF) (NASDAQ: TCF) today declared quarterly cash dividends on TCF’s common shares and 5.70% Series C Non-Cumulative Perpetual Preferred Stock. A quarterly cash dividend of $0.35 per common share is payable on March 1, 2021 to stockholders of record at the close of business on February 12, 2021. A quarterly cash dividend of $0.35625 per depositary share is payable on March 1, 2021 to stockholders of record of the depositary shares, representing a 1/1,000th interest in a share of the 5.70% Series C Non-Cumulative Perpetual Preferred Stock, at the close of business on February 12, 2021. About TCF Financia
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