TCF Reports Quarterly Net Income of $70.5 Million, or $0.42 Per Share
TCF FINANCIAL (TCF)
Last tcf financial earnings: 4/27 04:30 pm
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US:NYSE Investor Relations:
ir.tcfbank.com
Company Research
Source: Business Wire
Adjusted diluted earnings per common share of $0.46,(1) excluding 4 cents per share after-tax impact of merger-related expenses WAYZATA, Minn.--(BUSINESS WIRE)-- TCF Financial Corporation (NYSE: TCF): First Quarter Observations Diluted earnings per common share of 42 cents, up 7.7% from the first quarter of 2018; adjusted diluted earnings per common share of 46 cents(1), up 17.9% from the first quarter of 2018 Revenue of $357.9 million, up 0.7% from the first quarter of 2018 Net interest income growth of 3.2% from the first quarter of 2018 Non-interest expense up 2.9% from the first quarter of 2018; non-interest expense (excluding merger-related expenses of $9.5 million), down 1.0%(2) from the first quarter of 2018 Reported efficiency ratio of 70.70%, up 149 basis points from the first quarter of 2018;
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