TCF Financial Corporation (TCF) Tops Q2 EPS by 3c, Revenues Beat
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TCF Reports Quarterly Net Income of $58.7 Million and Diluted Earnings Per Common Share of 34 Cents
July 27, 2018 8:00 AM EDTAdjusted diluted earnings per common share of 49Â cents,(1) excluding 15Â cent per share after-tax impact related to BCFP/OCC settlement
SECOND QUARTER OBSERVATIONS
Revenue of $364.9 million, up 6.8 percent from the second quarter of 2017 Net interest income of $250.8 million, up 10.4 percent from the second quarter of 2017 Net interest margin of 4.67 percent, up 15 basis points from the second quarter of 2017 Reported efficiency ratio of 74.55 percent, up 636 basis points from the second quarter of 2017; adjusted efficiency ratio of 65.78 percent,(1) down 241 basis points from the second quarter of 2017... More