TCF Financial Corporation (TCF) Misses Q3 EPS by 1c

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Go back to TCF Financial Corporation (TCF) Misses Q3 EPS by 1c

TCF Reports Third Quarter 2020 Results

October 26, 2020 4:06 PM EDT

TCF also announces quarterly cash dividends on common and preferred stock

DETROIT--(BUSINESS WIRE)-- TCF Financial Corporation (NASDAQ: TCF):

Third Quarter 2020 Highlights

Quarterly net income of $55.7 million, or $0.35 per diluted share, up 134.5% from the second quarter of 2020 Adjusted diluted earnings per common share of $0.63(1), up 16.7% from the second quarter of 2020. Adjusted diluted earnings per common share excludes $43.0 million, or $0.28 per share, after-tax impact of merger-related expenses and notable items Successful on-time completion of merger-of-equals integration activities Loan and lease balances on... More