TCF Financial Related Content

TCF Q1 Earnings Up 59.4%, Helped by Equipment Finance Income

TCF Financial reported net income of $73.8 million in Q1/18 was up 59.4% from $46.3 million in Q1/17. TCF noted non-interest income from leasing and equipment finance was up 47.9% compared to the same quarter in 2017. read more

TCF Indirect Subsidiary & 6fusion Launch Pay-As-You-Go IT Program

6fusion and Winthrop Resources, a division of TCF Bank and an indirect subsidiary of TCF Financial, launched a program allowing companies to rapidly switch their IT investments to true pay-as-you-go consumption. read more

TCF Halts Indirect Auto Originations, Will Take $92MM A/T Charge

TCF Financial will discontinue all indirect auto loan originations, effective December 1, 2017. TCF expects to recognize after-tax charges of about $92 million in Q4/17 as a result of the decision. read more

TCF Capital Funding Provides $24MM Owen Equipment Recapitalization

TCF Capital Funding provided $24 million in secured financing to support Prospect Partners in a dividend recapitalization of Owen Equipment. read more

Craig Dahl Named Chairman of TCF Financial Board of Directors

The Board of Directors of TCF Financial has elected Craig R. Dahl, TCF’s president and CEO, to the additional role of chairman of the board, effective immediately. read more

TCF Financial Indirect Subsidiary Announces Executive Leadership Changes

Gateway One Lending & Finance appointed Todd A. Pierson as president and Andrew B. Sturm as executive vice president and chief operating officer. read more

Former TCF CEO Cooper Passes Away at 73

William A. Cooper, the former CEO and current executive chairman of TCF Financial, passed away earlier this week. He was 73 years old. read more

TCF FY Earnings Up on Higher Revenue, Originations Up 10.3%

TCF reported 2016 net income of $212.1 million was up 7.6% from a year earlier. TCF noted 2016 loan and lease originations of $16.8 billion were up 10.3% from the previous year. read more

TCF Financial Indirect Subsidiary Enters eContracting Partnership

Gateway One Lending & Finance entered into a partnership with RouteOne to bring indirect auto financing platform and eContracting solutions to Gateway One’s network of more than 12,500 dealers in the U.S. read more

TCF Financial Names Adams Director of Corporate Development & Strategy

Brad Adams, formerly of Talmer Bancorp, joined TCF Financial as executive vice president and director of corporate development and strategy. read more

TCF Beats the Street; Q2 Equipment Finance Revenue Up 18% Y/Y

TCF Financial reported Q2 earnings of $57.7 million were up 10.4% year/year. EPS of $0.31 per share exceeded analysts’ estimates of $0.29 per share. TCF noted that its equipment finance Q2 revenues were up 17.85% year-over-year. read more

TCF Q1 Earnings 20.7% Higher; Equipment Finance Revenue up 28%

TCF Financial reported Q1/16 earnings of $48.0 million were up 20.7% year-over-year. TCF also noted that leasing and equipment revenue of $28.5 million was up over 28% compared to a year earlier. read more

Sullivan Nominated for TCF Financial Board of Directors

Julie H. Sullivan will stand for election to the TCF board of directors at the 2016 annual meeting of stockholders on April 27, 2016. If elected, Sullivan will serve on the board’s Audit, Finance and Risk Committees. read more

Peterson Named President, CEO of TCF Equipment Finance

TCF Financial appointed Gary Peterson president and chief executive officer of TCF Equipment Finance, a division of TCF National Bank. read more

TCF Financial Equipment Finance Earnings Up on Portfolio Growth

TCF Financial reported its equipment finance business interest income of $175.6 million was up 7% from $167.0 million a year earlier. The bank noted equipment finance net assets of $4.0 billion were up from $3.7 billion a year earlier. read more

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