TCF Financial Corp. (TCB) Tops Q1 EPS by 1c

TCF Financial Corp. (NYSE: TCB) reported Q1 EPS of $0.24, $0.01 better than the analyst estimate of $0.23. Revenue for the quarter came in at $304.7 million, versus $291.8 million reported last year.

FIRST QUARTER HIGHLIGHTS

• Revenue of $304.7 million, up 4.4 percent from the first quarter of 2013
• Provision for credit losses of $14.5 million, down 62.2 percent from the first quarter of 2013
• Non-accrual loans and leases of $266.7 million, down 22.3 percent from the first quarter of 2013
• Loan and lease originations increased $422.2 million, or 15.5 percent, from the first quarter of 2013
• Average deposits increased $483.9 million, or 3.4 percent, from the first quarter of 2013

For earnings history and earnings-related data on TCF Financial Corp. (TCB) click here.

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