TCF Financial Corporation operates as the financial holding company for TCF National Bank that provides various financial products and services in the United States and Canada. More Details
Excellent balance sheet average dividend payer.
Share Price & News
How has TCF Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TCF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TCF's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TCF exceeded the US Banks industry which returned 55.6% over the past year.
Return vs Market: TCF exceeded the US Market which returned 55.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TCF Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StConsider This Before Buying TCF Financial Corporation (NASDAQ:TCF) For The 3.0% Dividend
2 months ago | Simply Wall StShould You Review Recent Insider Transactions At TCF Financial Corporation (NASDAQ:TCF)?
5 months ago | Simply Wall StTCF Financial Corporation Just Missed EPS By 31%: Here's What Analysts Think Will Happen Next
Is TCF Financial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TCF ($47.55) is trading above our estimate of fair value ($36.17)
Significantly Below Fair Value: TCF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TCF is poor value based on its PE Ratio (33.9x) compared to the US Banks industry average (13.2x).
PE vs Market: TCF is poor value based on its PE Ratio (33.9x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: TCF is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: TCF is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is TCF Financial forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCF's forecast earnings growth (29.7% per year) is above the savings rate (2%).
Earnings vs Market: TCF's earnings (29.7% per year) are forecast to grow faster than the US market (18.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TCF's revenue (6.3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: TCF's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TCF's Return on Equity is forecast to be low in 3 years time (8.3%).
How has TCF Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCF has a large one-off loss of $243.6M impacting its December 31 2020 financial results.
Growing Profit Margin: TCF's current net profit margins (11.7%) are lower than last year (16.8%).
Past Earnings Growth Analysis
Earnings Trend: TCF's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: TCF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TCF had negative earnings growth (-25.4%) over the past year, making it difficult to compare to the Banks industry average (0.5%).
Return on Equity
High ROE: TCF's Return on Equity (4%) is considered low.
How is TCF Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: TCF's Assets to Equity ratio (8.4x) is low.
Allowance for Bad Loans: TCF has a low allowance for bad loans (78%).
Low Risk Liabilities: 92% of TCF's liabilities are made up of primarily low risk sources of funding.
Loan Level: TCF has an appropriate level of Loans to Assets ratio (71%).
Low Risk Deposits: TCF's Loans to Deposits ratio (87%) is appropriate.
Level of Bad Loans: TCF has an appropriate level of bad loans (2%).
What is TCF Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TCF's dividend (2.94%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: TCF's dividend (2.94%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: TCF's dividends per share have been stable in the past 10 years.
Growing Dividend: TCF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (99.9%), TCF's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TCF's dividends in 3 years are forecast to be well covered by earnings (40.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Provost (66 yo)
Mr. David T. Provost, also known as Dave, serves as the Chief Executive Officer at TCF Financial Corporation since October 28, 2020. He served as an Executive Vice Chair of TCF Financial Corporation since ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD5.25M) is about average for companies of similar size in the US market ($USD6.40M).
Compensation vs Earnings: Insufficient data to compare Dave's compensation with company performance.
Experienced Management: TCF's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: TCF's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TCF insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TCF Financial Corporation's company bio, employee growth, exchange listings and data sources
- Name: TCF Financial Corporation
- Ticker: TCF
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$7.343b
- Shares outstanding: 152.60m
- Website: https://ir.tcfbank.com
Number of Employees
- TCF Financial Corporation
- 333 West Fort Street
- Suite 1800
- United States
TCF Financial Corporation operates as the financial holding company for TCF National Bank that provides various financial products and services in the United States and Canada. It operates through Consumer...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/09 23:15|
|End of Day Share Price||2021/04/09 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.