TCF Financial Corporation (TCF) Tops Q2 EPS by 3c
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TCF Reports Second Quarter 2020 Results
July 27, 2020 4:10 PM EDTTCF also announces quarterly cash dividends on common and preferred stock
DETROIT--(BUSINESS WIRE)-- TCF Financial Corporation (NASDAQ: TCF):
Second Quarter 2020 Highlights
Quarterly net income of $23.8 million, or $0.14 per diluted share, down 54.2% from the first quarter of 2020 Adjusted diluted earnings per common share of $0.54(1), down 5.3% from the first quarter of 2020. Adjusted diluted earnings per common share excludes $61.1 million, or $0.40 per share, after-tax impact of merger-related expenses and notable items Assisted customers via COVID-19-related loan and lease deferrals with $1.8 billion of... More