Back to top

Image: Bigstock

TCF Financial Corporation

Read MoreHide Full Article

Shares of TCF Financial have outperformed the industry over the past six months. Also, the company has decent earnings surprise history, surpassing the Zacks Consensus Estimate for earnings in two of the trailing four quarters. First-quarter 2018 results reflect robust organic growth along with a strong capital position. The company’s increasing loans and strong deposit mix will likely aid profitability. Also, it has been benefiting from improving credit quality in consumer real estate portfolio and has witnessed enhanced profitability ratios as well, which keeps us encouraged. However, TCF Financial’s revenues continue to be hurt by the consistently declining banking fees over the last few years. Also, mounting costs due to increasing staff level is expected to impact bottom line.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

TCF Financial Corporation (TCF) - free report >>

Published in