TCF Financial Corporation

TCF is a national bank holding company based in Wayzata, MN. As of December 31, 2015, TCF had $20.7 billion in total assets and 375 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota, providing retail and commercial banking services. Through its subsidiaries, TCF also conducts commercial leasing, equipment finance and auto finance business in all 50 states and commercial inventory finance business in all 50 states and Canada.
Type
Public
HQ
Wayzata, US
Founded
1923
Size (employees)
6,427 (est)-4%
TCF Financial Corporation was founded in 1923 and is headquartered in Wayzata, US

TCF Financial Corporation Office Locations

TCF Financial Corporation has offices in Wayzata, Ann Arbor, Chicago, Buffalo and in 83 other locations
Wayzata, US (HQ)
200 Lake St E
Show all (87)

TCF Financial Corporation Data and Metrics

TCF Financial Corporation Financial Metrics

TCF Financial Corporation's revenue was reported to be $345.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

345.8 m

Gross profit (Q1, 2017)

325.6 m

Gross profit margin (Q1, 2017), %

94%

Net income (Q1, 2017)

48.6 m

EBIT (Q1, 2017)

222.1 m

Market capitalization (05-May-2017)

2.8 b

Closing share price (05-May-2017)

17

Cash (31-Mar-2017)

468.6 m
TCF Financial Corporation's current market capitalization is $2.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.3 b1.3 b1.3 b1.4 b

Revenue growth, %

3%2%5%

Cost of goods sold

71.5 m82.6 m

Gross profit

1.3 b1.3 b

Gross profit Margin, %

95%94%

General and administrative expense

150 m

Operating expense total

894.7 m909.9 m

EBIT

820.4 m848.1 m

EBIT margin, %

62%61%

Pre tax profit

314.7 m338.2 m

Income tax expense

108.9 m116.5 m

Net Income

158.7 m181.6 m205.8 m221.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

336.5 m335.9 m344.9 m352 m352.4 m345.8 m

Cost of goods sold

17.1 m18.3 m20.7 m21 m20.7 m20.2 m

Gross profit

319.5 m317.5 m324.3 m330.9 m331.7 m325.6 m

Gross profit Margin, %

95%95%94%94%94%94%

General and administrative expense

36.2 m34.2 m37 m36.9 m37.9 m39.6 m

Operating expense total

36.2 m34.2 m37 m36.9 m37.9 m39.6 m

EBIT

206 m205.3 m211.7 m213 m212 m222.1 m

EBIT margin, %

61%61%61%61%60%64%

Pre tax profit

83.8 m85.2 m77.1 m90.4 m88.9 m69.4 m

Income tax expense

(2.6 m)(464 k)(3 m)28.9 m30.5 m26.8 m29.7 m30.3 m20.8 m

Net Income

48.6 m
USDFY, 2015FY, 2016

Cash

889.3 m609.6 m

PP&E

445.9 m418.4 m

Goodwill

225.6 m225.6 m

Total Assets

20.7 b21.4 b

Accounts Payable

17.2 b

Total Debt

1 b1.1 b

Total Liabilities

19 b

Additional Paid-in Capital

851.8 m862.8 m

Total Equity

2.3 b2.4 b

Debt to Equity Ratio

0.5 x0.4 x

Debt to Assets Ratio

0.1 x0.1 x

Financial Leverage

9 x8.8 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

912.5 m786.1 m870.2 m668 m656.5 m468.6 m

PP&E

435.6 m445 m439.5 m428.5 m424.5 m423.1 m

Goodwill

225.6 m225.6 m225.6 m225.6 m225.6 m225.6 m

Total Assets

19.8 b20.1 b21.3 b21.1 b21.1 b21.8 b

Accounts Payable

15.8 b16.1 b17.3 b17.2 b17.2 b17.5 b

Additional Paid-in Capital

838.8 m846.2 m860.3 m862.2 m860.5 m853 m

Total Equity

2.2 b2.3 b2.4 b2.4 b2.5 b2.5 b

Financial Leverage

8.9 x8.9 x9 x8.7 x8.6 x8.8 x
USDFY, 2015FY, 2016

Net Income

221.7 m

Depreciation and Amortization

157.3 m182.2 m

Cash From Operating Activities

363.7 m289.3 m

Cash From Investing Activities

(1.6 b)(1.1 b)

Short-term Borrowings

1.1 m(1.2 m)

Dividends Paid

(19.4 m)(19.4 m)

Cash From Financing Activities

1 b484.2 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

48.6 m

Depreciation and Amortization

74.8 m111.3 m46 m91.9 m135.1 m45.5 m

Cash From Operating Activities

155.9 m332.7 m137.7 m276 m324.4 m(142.2 m)

Cash From Investing Activities

(707.3 m)(1.2 b)(704.3 m)(615.5 m)(686.6 m)(391.4 m)

Short-term Borrowings

3 m32.3 m(3.2 m)(909 k)(4.1 m)990 k

Dividends Paid

(9.7 m)(14.5 m)(4.8 m)(9.7 m)(14.5 m)(4.8 m)

Cash From Financing Activities

348.6 m562.5 m547.4 m118.1 m129.4 m392.5 m
USDY, 2017

Revenue/Employee

53.8 k

Financial Leverage

8.8 x

TCF Financial Corporation Market Value History

Traffic Overview of TCF Financial Corporation

TCF Financial Corporation Online and Social Media Presence

TCF Financial Corporation Company Life and Culture

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