TCF Financial Corp. (TCB) Misses Q1 EPS by 5c

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Go back to TCF Financial Corp. (TCB) Misses Q1 EPS by 5c

TCF Reports Quarterly Net Income of $39.8 Million, or 21 Cents Per Share

April 21, 2015 8:02 AM EDT

WAYZATA, Minn.--(BUSINESS WIRE)-- TCF Financial Corporation:

FIRST QUARTER HIGHLIGHTS

Reinvested a portion of troubled debt restructuring loan sale proceeds into core businesses Loan and lease originations of $3.6 billion, up 14.9 percent from the first quarter of 2014 Average deposits of $15.7 billion, up 7.8 percent from the first quarter of 2014 Provision for credit losses of $12.8 million, down 11.7 percent from the first quarter of 2014 Revenue of $304.1 million, flat to the first quarter of 2014 Non-accrual loans and leases of $222.1 million, down 16.7 percent from the first quarter of 2014 Return on average assets of 0.85 percent, down 15 basis points from the first quarter of 2014      ... More

TCF Declares Quarterly Cash Dividends

April 20, 2015 4:07 PM EDT

WAYZATA, Minn.--(BUSINESS WIRE)-- The Board of Directors of TCF Financial Corporation (TCF) (NYSE: TCB) declared quarterly cash dividends on TCFs common shares, 7.50% Series A Non-Cumulative Perpetual Preferred Stock and 6.45% Series B Non-Cumulative Perpetual Preferred Stock.

A quarterly cash dividend of $.05 per common share is payable on June 1, 2015 to stockholders of record at the close... More