TCF Financial Corp Stock – Fundamental Analysis

Price
–
–
Delisted
Reason: Not specified Delisting date: –

Not enough price data available yet.

Fundamental Data & Ratios (Balance sheet update: 3/2/2021)

Balance Sheet Total Assets 47,802,500,000.00 ROE –
Balance Sheet Total Equity 5,670,810,000.00 ROA –
Cashflow Capital Expenditures -188,378,000.00 P/FCF –
Cashflow Free Cash Flow -67,272,000.00 – –
Cashflow Operating Cash Flow 121,106,000.00 P/CF –
Income Earnings per Share (diluted) 1.40 Div. Yield –
Income Net Income 222,759,000.00 P/E –
Income Shares Outstanding 152,514,000.00 P/B –
Income Total Revenue 2,054,460,000.00 P/S –

Ratios calculated on: –

Company Description

TCF Financial Corporation (together with its direct and indirect subsidiaries, "we," "us," "our," "TCF" or the "Company"), a Delaware corporation incorporated on April 28, 1987, is a national bank holding company based in Wayzata, Minnesota. References herein to "TCF Financial" or the "Holding Company" refer to TCF Financial Corporation on an unconsolidated basis. TCF's principal subsidiary, TCF National Bank ("TCF Bank"), is headquartered in Sioux Falls, South Dakota. TCF Bank operates bank branches in Illinois, Minnesota, Michigan, Colorado, Wisconsin, Arizona and South Dakota (TCF's primary banking markets). TCF delivers consumer banking services in 46 states and commercial banking services in 34 states. TCF also conducts commercial leasing and equipment finance business in all 50 states and, to a limited extent, in foreign countries and commercial inventory finance business in all 50 states and Canada and, to a limited extent, in other foreign countries. Effective April 1, 2017, the Company executed its strategic shift from an originate-to-sell and originate-to-hold model to an entirely originate-to-hold model for its auto finance business and effective December 1, 2017, the Company discontinued auto finance loan originations. The determination was based on management's review of strategic alternatives and the financial outlook of the auto finance loan origination business compared with alternative uses of capital. TCF's subsidiary, Gateway One Lending & Finance, LLC ("Gateway One"), will continue to service existing auto loans on its balance sheet and those serviced for others. The decision to discontinue auto finance loan originations resulted in a goodwill impairment charge of $73.0 million, an other intangible assets impairment charge of $0.4 million and approximately $14.8 million of expenses related to severance, other asset impairments and lease termination expenses in 2017.

Advanced Analysis Features

Additional comparison and history views are available after login.

Finanzoo GmbH assumes no liability for the accuracy of the information provided! All information is provided without guarantee. Sources: www.bundesanzeiger.de, www.sec.gov, www.tcfbank.com
All metrics and scores are an automated evaluation and not investment advice or a recommendation to buy or sell. Finanzoo GmbH or its shareholders may themselves hold positions in the securities shown. Learn more