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TCFCP - TCF Financial: Avoid The Preferred Shares
May, 18 2021 05:00 PM
TCF Financial Corporation Depositary Shares representing 5.70% Series C Non-Cumulative Preferred Stock
TCF Financial's preferred shares offer little potential return through their potential call date. The current market quotation - at a premium to the redemption price - offers an opportunity to sell existing positions. The potential call of Huntington Bancshares' own preferred shares may provide a template for the outcome for TCF's preferred shares. For further details see:
TCF Financial: Avoid The Preferred Shares
Stock Information
Company Name:
TCF Financial Corporation Depositary Shares representing 5.70% Series C Non-Cumulative Preferred Stock
Stock Symbol:
TCFCP
Market:
NASDAQ
Website:
tcfbank.com
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