TCF Financial (formerly known as Chemical Bank Corporation) is a financial holding company. Through its subsidiaries, TCF offers consumer and commercial banking, trust and wealth management, and specialty leasing and lending products and services to consumers, small businesses, and commercial clients. The company was formed as a result of a merger between Chemical Financial Corporation and TCF Financial Corporation.
Type | Public | |
Founded | 1923 | |
HQ | Detroit, MI, US | Map |
Website | tcfbank.com | |
Employee Ratings | More | |
Overall Culture | D | More |
USD | |
---|---|
Revenue (Q2, 2019) | 113.5m |
Net income (Q2, 2019) | 90.4m |
Market capitalization (1-Mar-2021) | 7.1b |
Closing stock price (1-Mar-2021) | 46.4 |
Cash (30-Jun-2019) | 555.3m |
EV | 10.5b |
USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 135.9m | 137.9m | 114.2m | 350.4m | 353.2m | 392.9m | 331.1m | 331.9m | 308.3m | 317.4m | 321.6m | 318.0m | 324.1m | 335.8m | 320.4m | 336.5m | 335.9m | 344.9m | 352.0m | 352.4m | 345.8m | 363.2m | 366.8m | 112.2m | 114.1m | 116.4m | 107.0m | 113.5m |
Sales and marketing expense | 3.7m | 3.4m | 3.2m | 3.5m | 1.1m | 2.6m | 5.4m | 4.2m | 5.7m | 5.5m | 4.6m | 5.5m | 5.9m | 5.3m | 6.5m | 5.2m | 5.8m | 5.9m | 5.7m | 5.5m | ||||||||
Operating expense total | 38.8m | 42.8m | 37.7m | 40.5m | 35.9m | 39.9m | 42.4m | 40.4m | 43.7m | 47.5m | 48.3m | 46.8m | 48.5m | 53.2m | 54.7m | 51.0m | 51.5m | 49.2m | 55.7m | 55.3m | 64.0m | 61.1m | 61.4m | 58.8m | 89.1m | 58.0m | 56.4m | 54.8m |
Interest expense | 67.7m | 67.4m | 61.9m | 60.1m | 59.4m | 47.4m | 20.0m | 19.3m | 16.5m | 15.6m | 15.8m | 13.4m | 14.0m | 15.5m | 16.4m | 17.1m | 18.3m | 20.7m | 21.0m | 20.7m | 20.2m | 21.4m | 23.5m | 32.1m | 35.5m | 38.1m | 52.3m | 56.6m |
USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 387.7m | 386.7m | 702.8m | 752.5m | 1.2b | 705.6m | 865.3m | 922.1m | 1.2b | 1.1b | 983.8m | 866.9m | 881.4m | 840.8m | 925.1m | 912.5m | 786.1m | 870.2m | 668.0m | 656.5m | 468.6m | 551.5m | 711.7m | 588.9m | 581.9m | 570.0m | 463.8m | 555.3m |
Accounts Receivable | 14.4b | 14.6b | 14.5b | 14.4b | 14.1b | 14.9b | 15.0b | 15.0b | 15.3b | 15.3b | 15.4b | 16.0b | 15.8b | 16.2b | 16.9b | 16.7b | 17.0b | 17.7b | 17.3b | 17.2b | 17.8b | 18.2b | 18.8b | 19.2b | 18.4b | 18.3b | 19.2b | 19.0b |
PP&E | 447.3m | 446.4m | 443.1m | 439.9m | 434.3m | 433.4m | 442.3m | 442.4m | 438.6m | 439.0m | 437.1m | 440.8m | 436.6m | 436.3m | 434.0m | 435.6m | 445.0m | 439.5m | 428.5m | 424.5m | 423.1m | 423.7m | 425.1m | 427.5m | 431.0m | 429.6m | 429.7m | 432.8m |
Goodwill | 152.6m | 152.6m | 152.6m | 152.6m | 152.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 225.6m | 227.1m | 227.8m | 154.8m | 154.8m | 154.8m | 154.8m | 154.8m |
USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|---|---|---|---|---|
Net Income | 146.6m | 109.4m | (212.9m) | 151.7m | 174.2m | 197.1m | 221.7m | 278.8m | 315.6m |
Depreciation and Amortization | 86.6m | 73.2m | 109.2m | 118.0m | 128.7m | 157.3m | 182.2m | 206.6m | 222.6m |
Cash From Operating Activities | 515.7m | 496.5m | 497.6m | 411.0m | 311.8m | 363.7m | 289.3m | 239.5m | 556.8m |
Purchases of PP&E | (36.1m) | (34.9m) | (44.1m) | (37.9m) | (45.5m) | (53.6m) | (34.5m) | (48.4m) | (56.1m) |
USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 78.9m | 115.8m | 29.7m | 59.5m | 91.2m | (282.9m) | (251.4m) | (242.0m) | 30.0m | 68.9m | 111.7m | 44.8m | 97.9m | 150.2m | 39.8m | 92.1m | 144.6m | 48.0m | 105.7m | 162.0m | 48.6m | 112.1m | 175.1m | 76.4m | 138.6m | 227.5m | 73.4m | 167.5m |
Depreciation and Amortization | 44.4m | 65.7m | 19.9m | 40.3m | 55.2m | 18.1m | 38.4m | 79.0m | 29.9m | 55.0m | 85.2m | 29.4m | 62.1m | 95.4m | 36.8m | 74.8m | 111.3m | 46.0m | 91.9m | 135.1m | 45.5m | 94.9m | 149.3m | 56.6m | 110.2m | 167.1m | 56.5m | 114.5m |
Cash From Operating Activities | 252.6m | 369.0m | 109.7m | 274.4m | 399.1m | 111.9m | 255.6m | 395.7m | 369.3m | 221.9m | 315.8m | 45.4m | 87.6m | 195.5m | (63.3m) | 155.9m | 332.7m | 137.7m | 276.0m | 324.4m | (142.2m) | (54.4m) | 52.6m | 116.9m | 263.4m | 403.9m | 136.9m | 212.9m |
Purchases of PP&E | (19.4m) | (28.5m) | (8.8m) | (15.6m) | (22.2m) | (8.4m) | (26.9m) | (34.5m) | (9.7m) | (17.4m) | (24.5m) | (12.6m) | (22.9m) | (33.0m) | (8.4m) | (20.6m) | (38.5m) | (7.7m) | (13.9m) | (22.2m) | (9.6m) | (21.9m) | (36.4m) | (18.1m) | (33.5m) | (45.5m) | (41.1m) | (68.3m) |
USD | Q2, 2010 |
---|---|
Debt/Equity | 3.1 x |
Debt/Assets | 0.3 x |
Financial Leverage | 12.2 x |
FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Bank Branches | 379 | 375 | 339 | ||||||||
Dealers | 10.50 k | 11.80 k | 11.40 k | ||||||||
Non-accrual Loans | $216.73 m | $222.14 m | $205.71 m | $206.11 m | $200.47 m | $198.65 m | $195.54 m | $190.05 m | $181.45 m | $138.98 m | $129.27 m |
Total Loans | $16.40 b | $17.06 b | $16.88 b | $17.20 b | $17.44 b | $17.85 b | $17.47 b | $17.38 b | $17.84 b | $17.97 b | $18.37 b |
TCF Financial revenue breakdown by business segment: 62.0% from Consumer Banking and 38.0% from Wholesale Banking
D
57/100
F
50/100
B-
68/100
When was TCF Financial founded?
TCF Financial was founded in 1923.
Who are TCF Financial key executives?
TCF Financial's key executives are Michael S. Jones, Sandra D. Kuohn and Thomas J. Butterfield.
How many employees does TCF Financial have?
TCF Financial has 4,846 employees.
What is TCF Financial revenue?
Latest TCF Financial annual revenue is $470.9 m.
What is TCF Financial revenue per employee?
Latest TCF Financial revenue per employee is $97.2 k.
Who are TCF Financial competitors?
Competitors of TCF Financial include Wintrust, Synovus Financial and Wells Fargo.
Where is TCF Financial headquarters?
TCF Financial headquarters is located at 333 W Fort St #1800, Detroit.
Where are TCF Financial offices?
TCF Financial has an office in Detroit.
How many offices does TCF Financial have?
TCF Financial has 1 office.
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