TCF Financial (NYSE:TCF) is scheduled to be releasing its earnings data before the market opens on Monday, April 23rd. Analysts expect TCF Financial to post earnings of $0.37 per share for the quarter.
TCF Financial (NYSE:TCF) last posted its quarterly earnings results on Tuesday, January 30th. The bank reported $0.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.02). TCF Financial had a net margin of 18.31% and a return on equity of 9.85%. The business had revenue of $362.75 million during the quarter, compared to analyst estimates of $355.48 million. On average, analysts expect TCF Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
TCF Financial stock opened at $22.75 on Monday. TCF Financial has a 1-year low of $14.58 and a 1-year high of $23.80. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market capitalization of $3,938.97, a price-to-earnings ratio of 18.96, a price-to-earnings-growth ratio of 1.64 and a beta of 1.05.
A number of research firms have weighed in on TCF. UBS began coverage on TCF Financial in a research note on Thursday, March 22nd. They issued a “neutral” rating and a $24.00 price target on the stock. Morgan Stanley restated an “equal weight” rating and issued a $23.00 price target (up from $22.00) on shares of TCF Financial in a research note on Wednesday, March 7th. Zacks Investment Research upgraded TCF Financial from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research note on Thursday, April 5th. Barclays raised their price target on TCF Financial from $22.00 to $23.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 11th. Finally, Sandler O’Neill restated a “buy” rating and issued a $25.50 price target on shares of TCF Financial in a research note on Tuesday, March 27th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. TCF Financial has a consensus rating of “Hold” and an average price target of $22.39.
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TCF Financial Company Profile
TCF Financial Corporation operates as the holding company for TCF National Bank that provides various financial products and services in the United States and Canada. It operates through Consumer Banking, Wholesale Banking, and Enterprise Services segments. The company offers checking, savings, and money market accounts; certificates of deposits; and individual retirement accounts.
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