TCF Financial Earnings Preview

TCF Financial (NYSE: TCB  ) didn't hit the Street's expectations last quarter, but investors hope that it will rebound this quarter. The company will unveil its latest earnings on Tuesday, Jan. 24. TCF Financial is a financial holding company that provides branch banking, retail lending, commercial banking, leasing, equipment finance, and inventory finance.

What analysts say:

  • Buy, sell, or hold?: Analysts are bullish on TCF, as eight analysts rate it as a buy and only two analysts rate it as a sell. Analysts like TCF better than competitor Associated Banc-Corp overall. While analysts still rate the stock a hold, they are a little more optimistic about it compared to three months ago.
  • Revenue forecasts: On average, analysts predict $176.6 million in revenue this quarter. That would represent a rise of 1.3% from the year-ago quarter.
  • Wall Street earnings expectations: The average analyst estimate is earnings of $0.15 per share. Estimates range from $0.08 to $0.21.

What our community says:
CAPS All-Stars are solidly backing the stock, with 90% awarding it an outperform rating. The community at large agrees with the All-Stars, with 80% assigning it a rating of outperform. Fools are bullish on TCF, though the message boards have been quiet lately, with only 56 posts in the past 30 days. TCF's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.

Management:
Revenue has fallen for the past three quarters.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows net margins over the past four quarters.

Quarter

Q3

Q2

Q1

Q4

Net Margin

9%

8.5%

8.5%

8%

For all our TCF-specific analysis, including earnings and beyond, add TCF to My Watchlist.

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Earnings estimates provided by Zacks.


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