TCF Reports Fourth Quarter 2019 Results
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TCF Financial Corporation (TCF) Tops Q4 EPS by 6c
January 27, 2020 4:12 PM ESTTCF Financial Corporation (NASDAQ: TCF) reported Q4 EPS of $1.04, $0.06 better than the analyst estimate of $0.98.
Fourth Quarter Highlights
Quarterly net income of $112.4 million, or $0.72 per diluted shareAdjusted diluted earnings per common share of $1.04(1), excluding $49.2 million, or $0.32 per share, after-tax impact of merger-related expenses and notable itemsEfficiency ratio of 73.49%; adjusted efficiency ratio of 58.51%(1)Return on average common equity ("ROACE") of 8.00%; return on average tangible common equity ("ROATCE") of... More