TCF Financial Corp. (TCB) Misses Q1 EPS by 5c
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TCF Reports Quarterly Net Income of $39.8 Million, or 21 Cents Per Share
April 21, 2015 8:02 AM EDTWAYZATA, 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 Â Â Â ... MoreTCF Declares Quarterly Cash Dividends
April 20, 2015 4:07 PM EDTWAYZATA, 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
