TCF Bank

TCF Bank

 

Financials

Current Annual Revenue
$1.31 billion

Current Gross Profit
$1.23 billion

Current Annual Net Income
$147.18 million

2014 Fiscal Year Revenue Growth
3.07%

 

Credit Rating

S&P Rated (TCF Financial): Investment Grade BBB-
Moody’s Rated (TCF Bank): Investment Grade Baa1

TCF Bank

TCF Bank Corporate Profile

TCF Financial Corporation is the holding company for TCF Bank. TCF has over $19 billion in assets, and over 430 branches throughout the United States, which offer personal and commercial products including checking, savings, and money market accounts, CDs, retirement savings accounts, loans for home purchases and improvement, debt consolidation, real estate investment, and business activities. To adapt to today’s regulatory environment, TCF has diversified its lending platforms and increased its originations by 12.2% in 2014, resulting in a total of $13.5 billion in loans and leases. This further diversifies TCF’s income through sales and servicing fees reducing its reliance on banking fees. It also adds high-yield, high-quality assets to its balance sheet, introduces diversification across type of credit, geography, industry, product, and collateral, and enables TCF to potentially reduce risk through active management of loan concentrations.

ExchangeRight

1055 E. Colorado Blvd, Suite 310
Pasadena, CA 91106

Phone: (855) 317-4448
Fax: (877) 711-4047
Email: info@exchangeright.com

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