TCF Financial (NASDAQ:TCF) Upgraded by BidaskClub to Hold

BidaskClub upgraded shares of TCF Financial (NASDAQ:TCF) from a sell rating to a hold rating in a research report sent to investors on Friday, BidAskClub reports.

Shares of TCF opened at $29.40 on Friday. The company has a market cap of $4.47 billion, a P/E ratio of 22.11, a price-to-earnings-growth ratio of 1.08 and a beta of 1.91. TCF Financial has a 12-month low of $16.96 and a 12-month high of $47.46. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.09 and a current ratio of 1.10.

TCF Financial (NASDAQ:TCF) last released its quarterly earnings data on Monday, July 27th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.07. TCF Financial had a return on equity of 8.38% and a net margin of 8.67%. The business had revenue of $511.41 million for the quarter, compared to the consensus estimate of $527.75 million. On average, equities analysts expect that TCF Financial will post 2.52 EPS for the current year.

About TCF Financial

TCF Financial Corporation operates as the financial holding company for TCF National Bank that provides various financial products and services in the United States and Canada. It operates through Consumer Banking, Wholesale Banking, and Enterprise Services segments. The company offers checking, savings, and money market accounts; certificates of deposit; and individual retirement accounts.

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