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TCF News and Press, TCF Financial Corporation From 05/31/21

Stock Information

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

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TCF - Merger Arbitrage Mondays - Italy's Ali Group Bids $3.3 Billion For Welbilt

Ali Group ignites a potential bidding war for Welbilt (WBT). Cimarex Energy (XEC) and Cabot Oil & Gas Corporation (COG) combine in an $8.5 billion all-stock deal. United Rentals (UFN) completes the acquisition of General Finance Corporation (GFN) in 40 days. For further ...

TCF - TCF Financial sells 14 bank branches to Horizon Bank amid merger with Huntington

Horizon Bancorp's (HBNC) wholly owned subsidiary Horizon Bank is acquiring 14 national bank branches of TCF Financial (TCF) in Michigan counties with about $976M in deposits and $278M in associated loans.TCF is divesting the Michigan-based branches in connection with its ongoing mer...

TCF - Huntington, TCF Announce Receipt Of All Required Regulatory Approvals For Pending Merger

Huntington, TCF Announce Receipt Of All Required Regulatory Approvals For Pending Merger Announce buyer in pending divestiture of 14 TCF branches PR Newswire COLUMBUS, Ohio and DETROIT , May 25, 2021 /PRNewswire/ -- Huntington Bancshares Incorpor...

TCF - TCF Financial: Avoid The Preferred Shares

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 shar...

TCF - CFRA downgrades TCF Financial to Hold as merger upside already priced in

CFRA analyst Pauline Bell downgrades TCF Financial ([[TCF]] -6.2%) to Hold from Buy on her view that the upside from its pending merger with Huntington Bancshares ([[HBAN]] -6.0%) is already priced in.TCF shares have risen ~25% against the unaffected share price of $34.78, the closing price o...

TCF - TCF Financial EPS beats by $0.12, beats on revenue

TCF Financial (TCF): Q1 Non-GAAP EPS of $0.84 beats by $0.12; GAAP EPS of $0.79 beats by $0.08.Revenue of $513.89M (-4.6% Y/Y) beats by $7.42M.Press Release For further details see: TCF Financial EPS beats by $0.12, beats on revenue

TCF - TCF Reports First Quarter 2021 Results

TCF Financial Corporation (NASDAQ: TCF): First Quarter 2021 Highlights Quarterly net income of $123.3 million, or $0.79 per diluted share, up 35.0% from the fourth quarter of 2020 Adjusted diluted earnings per common share of $0.84 (1) , up 12.0% from the fourth qu...

TCF - Everybody And Their Mother Is Overweight Financials, And So Should You

Fact: Financials is the most attractively-priced sector out there. Fact: Financials is the most overweight sector out there. Fact: Financials is the most hurdle-free sector out there. Conclusion: We see no reason not to be bullish on Financials. For further details see: ...

TCF - We're Buying Banks Hand Over Fist

Last year, our focus was on cheap too big to fail banks. These have been appreciated generously since then. As the lift on the dividend cap seems unavoidable, banks are one of the most attractive industries to be exposed to. For further details see: We're Buying Banks Ha...

TCF - TCF Financial Corporation Introduces New Advisory Board to Bridge Generational Gap in Banking and Finance

Emerging Leaders Advisory Board members will counsel Bank leadership on technology, social responsibility, workplace culture, and the financial needs of future generations TCF Financial Corporation (TCF) (NASDAQ: TCF) on Tuesday announced the formation of a new advisory boar...

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