TCF News and Press, TCF Financial Corporation From 12/15/20

Management currently believes the cost-cutting efforts are likely to help drive a sizable 18% EPS accretion by 2022. Both banks have a lot to bring to the table and I think this deal creates a "best in class" type lending platform. The combination of both a commercial and retail l...

The $120 billion asset Huntington Bancshares (NASDAQ: HBAN) , based in Columbus, Ohio, has announced a definitive agreement to acquire the $48 billion asset TCF Financial (NASDAQ: TCF) , based in Detroit, Michigan. The transaction will create a top 10 bank in the U.S...

Jefferies analyst Ken Usdin sees Huntington Bancshares' ([[HBAN]] -5.0%) agreement to acquire TCF Financial ([[TCF]] +3.7%) for almost $6B in stock looks pricey while Evercore ISI analyst John Pancari sees the price tag as "reasonable."As is usual, the acquirer slides after the deal was annou...

Huntington Bancorp and TCF Financial announced a merger agreement wherein Huntington will acquire TCF for a 12% premium in a stock-for-stock deal. Acquiring TCF Financial will create some meaningful cost saving opportunities and will vault Huntington into the top 15 banks in terms of ...

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Huntington Bancshares (HBAN) is near a deal to merge with TCF Financial (TCF), WSJ reports.The proposed all-stock deal, which would be one of the larger recent bank mergers, values Detroit-based TCF at nearly $6B, or ~11% above its current share price, according to the report.TCF's nine-state...

Huntington Bancshares And TCF Financial Corporation Announce Merger To Create Top 10 U.S. Regional Bank COLUMBUS, Ohio and DETROIT , Dec. 13, 2020 /PRNewswire/ -- Huntington Bancshares Incorporated ("Huntington") (Nasdaq: HBAN; www.huntington.com ), the pare...

The margin looks to be bottoming out near current levels. Any future profitability improvement is likely to only come from cost-cutting efforts. The recent credit trends relative to its valuation premium to peers are what keep me on the sidelines. For further details see: ...

With Entrust’s PCI-CP certified cloud-based instant issuance solution, TCF Bank customers can get permanent debit cards instantly at their local banking centers TCF National Bank chose Entrust to provide instant debit card issuance technology and services for ...

A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Challenger Highlights: Week Of November 29