Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / TCF - TCF Financial: Cost Synergies To Counter Tough Operating Environment


TCF - TCF Financial: Cost Synergies To Counter Tough Operating Environment

Earnings of TCF Financial Corporation (TCF) plunged by 55% sequentially in the first quarter to $0.32 per share due to a surge in provision expense and lower non-interest income. I’m expecting earnings for the remaining three quarters of the year to be better than the first quarter’s earnings. The conversion of Chemical Bank’s systems is on track, which will likely lead to a drop in non-interest expenses in the year ahead. Moreover, deposit repricing will support earnings in the coming quarters. Furthermore, modest loan growth will likely drive earnings recovery in the remainder

Read more ...

Stock Information

Company Name: TCF Financial Corporation
Stock Symbol: TCF
Market: NYSE
Website: tcfbank.com

Menu

TCF TCF Quote TCF Short TCF News TCF Articles TCF Message Board
Get TCF Alerts

News, Short Squeeze, Breakout and More Instantly...