NasdaqGS:TCF

Stock Analysis Report

Executive Summary

TCF Financial Corporation operates as the bank holding company for TCF National Bank that provides various financial products and services in the United States and Canada.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has TCF Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.9%

NasdaqGS:TCF

3.4%

US Banks

1.1%

US Market


1 Year Return

n/a

NasdaqGS:TCF

-3.7%

US Banks

2.1%

US Market

No trading data on TCF.

No trading data on TCF.


Share holder returns

TCFIndustryMarket
7 Day-0.9%3.4%1.1%
30 Day8.1%9.7%3.7%
90 Dayn/a5.1%2.3%
1 Yearn/a-1.0%-3.7%4.4%2.1%
3 Yearn/a56.1%45.4%47.0%37.4%
5 Yearn/a63.5%45.7%61.6%43.8%

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

No news available

Valuation

Is TCF Financial undervalued based on future cash flows and its price relative to the stock market?

27%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

TCF Financial's share price is below the future cash flow value, and at a moderate discount (> 20%).

TCF Financial's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

TCF Financial is overvalued based on earnings compared to the US Banks industry average.

TCF Financial is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

TCF Financial is good value based on expected growth next year.


Price Based on Value of Assets

TCF Financial is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is TCF Financial expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

41.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

TCF Financial's revenue is expected to grow by 18.7% yearly, however this is not considered high growth (20% yearly).

TCF Financial's earnings are expected to grow significantly at over 20% yearly.

TCF Financial's revenue growth is expected to exceed the United States of America market average.

TCF Financial's earnings growth is expected to exceed the United States of America market average.

TCF Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

TCF Financial is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has TCF Financial performed over the past 5 years?

15.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

TCF Financial's year on year earnings growth rate has been positive over the past 5 years.

TCF Financial's 1-year earnings growth exceeds its 5-year average (20.3% vs 15.8%)

TCF Financial's earnings growth has not exceeded the US Banks industry average in the past year (20.3% vs 31.7%).


Return on Equity

TCF Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

TCF Financial used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if TCF Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

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


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

TCF Financial has an acceptable proportion of non-loan assets held.

TCF Financial has a sufficient allowance for bad loans.

TCF Financial's liabilities are made up of primarily low risk sources of funding.

TCF Financial's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at TCF Financial are broadly funded by customer deposits.

TCF Financial has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is TCF Financial's current dividend yield, its reliability and sustainability?

3.18%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate TCF Financial's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate TCF Financial's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as TCF Financial has not reported any payouts.

Unable to verify if TCF Financial's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as TCF Financial has not reported any payouts.


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.2x coverage).


Next Steps

Management

What is the CEO of TCF Financial's salary, the management and board of directors tenure and is there insider trading?

0.08yrs

Average management tenure


CEO

Craig Dahl (64yo)

0.08yrs

Tenure

US$6,258,631

Compensation

Mr. Craig R. Dahl has been Chief Executive Officer, President and Director of TCF Financial Corporation since August 01, 2019. Mr. Dahl served the Chief Executive Officer at TCF Financial Corporation since ...


CEO Compensation Analysis

Craig's remuneration is about average for companies of similar size in United States of America.

Craig's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

0.08yrs

Average Tenure

61yo

Average Age

The average tenure for the TCF Financial management team is less than 2 years, this suggests a new team.


Board Age and Tenure

0.08yrs

Average Tenure

63yo

Average Age

The average tenure for the TCF Financial board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Tom Shafer (60yo)

    • Tenure: 0yrs
  • Craig Dahl (64yo)

    CEO, President & Director

    • Tenure: 0.08yrs
    • Compensation: US$6.26m
  • Dennis Klaeser (62yo)

    Executive VP & CFO

    • Tenure: 3.1yrs
  • Gary Torgow (62yo)

    Executive Chairman of the Board

    • Tenure: 3.1yrs
  • Bill Henak (62yo)

    Executive Vice President of Wholesale Banking

    • Tenure: 0.08yrs
    • Compensation: US$2.78m
  • David Provost (65yo)

    Executive Vice Chair

    • Tenure: 0.08yrs
  • Mike Jones (51yo)

    Executive Vice President of Consumer & Business Banking

    • Tenure: 0.08yrs
    • Compensation: US$3.00m
  • Brian Maass (46yo)

    Executive VP

    • Tenure: 0.08yrs
    • Compensation: US$2.59m
  • Tom Butterfield (54yo)

    Chief Information Officer

    • Tenure: 0.08yrs
    • Compensation: US$951.74k
  • Kathleen Wendt (46yo)

    Executive VP & Chief Accounting Officer

    • Tenure: 0yrs

Board Members

  • Craig Dahl (64yo)

    CEO, President & Director

    • Tenure: 0.08yrs
    • Compensation: US$6.26m
  • Ron Klein (61yo)

    Director

    • Tenure: 0.08yrs
  • Arthur Weiss (70yo)

    Director

    • Tenure: 0.08yrs
  • Vance Opperman (76yo)

    Lead Independent Director

    • Tenure: 0.08yrs
    • Compensation: US$188.75k
  • Gary Torgow (62yo)

    Executive Chairman of the Board

    • Tenure: 3.1yrs
  • David Provost (65yo)

    Executive Vice Chair

    • Tenure: 0.08yrs
  • Julie Sullivan (61yo)

    Director

    • Tenure: 0.08yrs
    • Compensation: US$160.00k
  • Barbara McQuade (54yo)

    Director

    • Tenure: 0.08yrs
  • Karen Grandstrand (64yo)

    Director

    • Tenure: 0.08yrs
    • Compensation: US$181.85k
  • Jeff Tate (49yo)

    Director

    • Tenure: 0.08yrs

Company Information

TCF Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TCF Financial Corporation
  • Ticker: TCF
  • Exchange: NasdaqGS
  • Founded: 1987
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$6.246b
  • Shares outstanding: 153.50m
  • Website: https://ir.tcfbank.com

Number of Employees


Location

  • TCF Financial Corporation
  • 333 West Fort Street
  • Suite 1800
  • Detroit
  • Michigan
  • 48226
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TCFNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDAug 2019
1BADB (Deutsche Boerse AG)YesCommon StockDEEURAug 2019
TCFC.PNasdaqGS (Nasdaq Global Select)5.7 DEP SHS RP CUSUSDAug 2019

Biography

TCF Financial Corporation operates as the bank holding company for TCF National Bank that provides various financial products and services in the United States and Canada. The company offers checking, savi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 00:52
End of Day Share Price2019/09/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.