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Recap: TCF Finl Q3 Earnings


Benzinga | Oct 26, 2020 04:29PM EDT

Recap: TCF Finl Q3 Earnings

Shares of TCF Finl (NASDAQ:TCF) fell 4.76% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 35.71% year over year to $0.63, which missed the estimate of $0.64.

Revenue of $495,977,000 up by 6.42% year over year, which missed the estimate of $505,790,000.

Outlook

TCF Finl hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

52-week high: $47.46

Company's 52-week low was at $16.96

Price action over last quarter: Up 9.46%

Company Overview

TCF Financial is a bank and financial services provider operating throughout the United States and Canada. The company operates in three segments: commercial banking, which provides industrial and commercial banking and leasing services; consumer banking, which provides personal loans and wealth management services through retail banks; and enterprise services, which includes the company's capital management and operational functions. The majority of branches are concentrated in the U.S. Midwest, Colorado, Arizona, and South Dakota.






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