TCF Financial Corporation TCF Income Statement

Tcf financial corporation (TCF)

Income statement / TTM

Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Interest income:
Loans and leases
1,094,523	1,084,356	1,065,137	1,050,966	1,030,261	995,073	954,246	908,461	875,253	855,289	850,546	852,044	848,529	841,565	832,736	825,897	824,251	823,875	820,436	818,971	817,246	817,133	819,501	825,949	832,210	834,301	835,380	830,305	831,050	836,107	844,796	860,153	869,242	877,332	883,923	880,458	875,884	0	0	0
Debt securities available for sale
73,075	63,266	54,574	46,237	39,885	35,421	33,278	32,071	30,711	29,055	26,573	23,884	20,919	18,066	15,648	13,837	12,649	11,911	11,994	13,135	14,610	16,442	18,074	18,495	19,654	20,833	35,150	53,094	70,048	84,871	85,188	80,701	78,041	78,467	80,445	82,847	86,163	0	0	0
Debt securities held to maturity
3,412	3,486	3,970	4,053	4,138	4,175	4,436	4,553	4,529	4,610	4,649	4,820	5,132	5,400	5,486	5,579	5,663	5,722	5,281	3,946	2,558	1,177	277	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans held for sale and other
19,857	19,139	18,583	18,139	15,534	17,343	27,097	35,002	44,715	51,741	48,962	43,775	40,821	39,447	38,060	40,974	39,823	37,888	36,518	34,298	31,686	28,865	26,688	22,730	19,766	17,165	13,812	12,504	10,396	8,599	7,967	7,534	6,769	6,169	5,509	4,826	4,731	0	0	0
Interest and Dividend Income, Operating
1,190,867	1,170,247	1,142,264	1,119,395	1,089,818	1,052,012	1,019,057	980,087	955,208	940,695	930,730	924,523	915,401	904,478	891,930	886,287	882,386	879,396	874,229	870,350	866,100	863,617	864,540	867,638	872,037	872,644	884,623	895,903	911,494	929,577	937,951	948,388	954,052	961,968	969,877	968,131	966,778	0	0	0
Interest expense:
Deposits
138,672	122,083	107,113	94,644	84,324	74,807	66,012	60,219	59,055	60,512	61,788	60,507	56,958	52,145	48,226	45,214	43,623	41,420	38,385	36,053	34,986	34,960	36,604	39,148	40,261	41,607	40,987	39,806	40,932	42,165	45,108	48,687	50,778	55,629	61,229	75,371	94,742	0	0	0
Borrowings
52,955	48,449	43,144	39,772	35,533	30,882	27,807	25,044	23,414	21,621	20,836	21,687	22,862	23,707	23,316	22,280	21,060	20,201	20,215	20,880	22,250	23,850	25,312	26,665	29,019	32,100	63,617	103,707	142,667	181,591	193,155	199,161	205,043	207,759	209,446	206,355	202,923	0	0	0
Interest Expense
191,627	170,532	150,257	134,416	119,857	105,689	93,819	85,263	82,469	82,133	82,624	82,194	79,820	75,852	71,542	67,494	64,683	61,621	58,600	56,933	57,236	58,810	61,916	65,813	69,280	73,707	104,604	143,513	183,599	223,756	238,263	247,848	255,821	263,388	270,675	281,726	297,665	0	0	0
Interest Income (Expense), Net
999,240	999,715	992,007	984,979	969,961	946,323	925,238	894,824	872,739	858,562	848,106	842,329	835,581	828,626	820,388	818,793	817,703	817,775	815,629	813,417	808,864	804,807	802,624	801,825	802,757	798,937	780,019	752,390	727,895	705,821	699,688	700,540	698,231	698,580	699,202	686,405	669,113	0	0	0
Provision for credit losses
44,855	45,522	46,768	50,133	62,408	67,618	68,443	66,072	65,421	59,225	65,874	63,593	59,717	58,995	52,944	90,934	96,655	94,036	95,737	62,932	71,795	94,477	118,368	144,096	215,769	237,284	247,443	258,172	214,212	204,111	200,843	219,240	226,212	231,220	236,437	234,335	236,939	0	0	0
Interest Income (Expense), after Provision for Loan Loss
954,385	954,193	945,239	934,846	907,553	878,705	856,795	828,752	807,318	799,337	782,232	778,736	775,864	769,631	767,444	727,859	721,048	723,739	719,892	750,485	737,069	710,330	684,256	657,729	586,988	561,653	532,576	494,218	513,683	501,710	498,845	481,300	472,019	467,360	462,765	452,070	432,174	0	0	0
Non-interest income:
Noninterest Income, Leasing and Equipment Finance Income
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Servicing fee income
-	-	-	-	-	-	-	-	44,178	42,950	-	37,400	35,056	32,770	31,229	28,972	26,803	24,479	21,444	18,698	15,946	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subtotal
-	-	-	0	-	-	-	90,736	108,266	118,660	-	121,078	111,148	110,590	102,773	103,413	107,303	97,690	99,803	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Leasing and equipment finance
-	-	-	0	-	-	145,039	133,524	127,733	118,977	119,166	120,205	119,081	114,392	108,129	100,141	97,359	94,043	93,799	92,504	96,899	96,439	90,919	93,447	85,167	85,765	92,172	85,064	86,212	85,284	89,167	94,077	97,343	95,592	89,194	80,965	72,934	0	0	0
Subtotal
-	-	-	-	-	-	-	-	208,852	210,897	-	216,029	218,392	220,136	220,930	221,821	224,400	225,741	227,934	232,080	234,533	238,125	241,182	242,300	243,529	250,755	254,772	263,205	294,087	317,897	343,437	368,274	378,046	400,620	414,084	429,681	438,346	0	0	0
Gains on sales of auto loans, net
35,983	32,347	33,498	55,858	55,858	49,046	42,787	54,816	66,440	76,203	85,259	36,823	35,622	36,235	30,580	40,406	44,846	41,360	43,565	37,881	30,158	31,023	29,699	29,290	29,636	26,997	22,101	0	0	0	-	-	-	-	-	-	-	-	-	-
Gains on sales of consumer real estate loans, net
-	-	-	0	-	-	-	42,596	48,075	49,934	-	46,855	40,470	41,585	40,964	34,035	35,654	31,851	34,794	33,964	29,354	25,272	21,692	20,906	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Gains (losses) on debt securities, net
1,778	736	348	229	324	300	237	324	-465	-465	-581	-745	-276	-335	-297	-288	-251	575	1,027	967	0	0	-	0	-	-	102,232	104,408	91,148	0	-	0	0	-	29,123	18,494	0	0	-	0
Other
10,476	12,474	13,843	14,686	13,798	12,659	11,646	9,793	9,133	8,743	8,883	9,324	10,124	9,179	10,463	11,020	11,120	12,449	10,704	8,653	6,469	4,852	6,196	2,647	5,349	7,345	5,974	10,781	7,879	5,095	3,434	2,681	2,972	3,823	5,584	5,964	5,707	0	0	0
Fees and other revenue
-	-	-	0	-	-	-	442,751	453,984	457,277	-	466,636	458,745	454,297	442,295	436,395	440,182	429,923	432,240	426,820	416,890	413,424	403,094	399,391	392,176	392,160	388,191	379,974	397,057	411,659	437,171	465,032	478,361	500,035	508,862	516,610	516,987	0	0	0
Total non-interest income
465,055	465,707	470,885	463,644	456,429	456,989	448,299	443,075	453,519	456,812	465,900	465,891	458,469	453,962	441,998	436,107	439,931	430,498	433,267	428,911	418,995	414,762	404,058	398,783	404,681	417,781	490,423	488,576	494,274	495,533	444,434	487,638	507,824	529,588	537,985	524,548	526,976	0	0	0
Non-interest expense:
Compensation and employee benefits
488,574	494,780	497,063	495,172	486,999	482,054	482,512	471,125	473,326	475,789	475,964	468,782	468,335	466,401	457,743	464,478	460,163	453,668	452,942	445,735	444,175	440,048	429,188	422,277	409,853	402,103	393,841	374,758	364,107	355,402	348,792	346,779	349,303	347,204	346,072	356,170	356,640	0	0	0
Occupancy and equipment
168,152	167,035	165,812	163,140	159,569	157,823	156,909	155,481	154,653	152,572	149,980	149,654	145,875	145,143	144,962	142,885	142,847	141,011	139,023	138,780	137,912	136,658	134,694	131,999	131,752	131,421	130,792	130,349	128,472	126,524	126,437	125,039	126,001	126,529	126,551	127,202	126,638	0	0	0
Subtotal
-	-	-	0	-	-	-	871,759	870,972	869,407	-	847,551	840,279	834,098	831,960	815,266	822,808	821,677	819,935	814,224	807,321	801,429	785,202	811,153	788,817	777,082	769,574	754,299	745,311	729,976	712,397	718,516	715,993	709,652	709,932	686,085	686,772	0	0	0
Lease financing equipment depreciation
76,999	75,811	73,829	71,241	67,412	61,933	55,901	50,310	44,652	42,028	40,359	43,061	42,508	41,248	39,409	32,679	30,628	28,659	27,152	26,283	25,555	25,092	24,500	24,396	24,015	24,282	25,378	26,284	27,368	28,810	30,007	31,485	33,041	34,994	37,106	32,551	27,446	0	0	0
Loss on termination of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-550,735	0	0	0	-	-	-	-	-	-	-	-	-	-
Foreclosed real estate and repossessed assets, net
15,355	16,764	17,050	17,393	17,341	18,123	17,756	14,906	15,320	13,816	13,187	16,238	17,675	20,917	23,193	25,694	25,329	24,695	24,567	23,192	22,039	23,851	27,950	29,466	35,974	40,478	41,358	45,099	46,859	47,417	49,238	50,696	47,854	43,993	40,385	36,065	32,867	0	0	0
Merger-related expenses
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	30,372	31,182	31,919	32,066	32,845	31,642	31,749	30,425	28,401	28,865	27,938	28,747	29,498	27,621	25,298	23,584	21,271	20,726	0	0	0
Advertising and marketing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	23,417	22,354	21,641	21,477	28,829	28,484	28,356	25,241	14,519	11,416	9,491	10,034	10,938	13,147	13,402	13,062	14,674	15,454	0	0	0
Deposit account premiums
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	14,628	21,188	25,664	22,891	18,097	14,392	13,704	17,304	23,088	27,035	0	0	0
Other
223,541	257,647	260,646	366,072	369,664	342,076	346,856	245,372	243,212	241,265	230,397	261,670	247,999	234,470	229,255	235,899	238,037	234,768	227,970	176,003	171,845	171,173	167,777	177,087	169,530	164,540	163,897	149,573	148,108	148,219	145,489	143,650	148,423	146,409	146,253	143,680	140,279	0	0	0
Other credit costs, net
-	-	-	0	-	-	-	512	386	308	-	265	59	51	185	5	-283	150	123	-297	303	-296	-1,252	-1,770	-1,366	338	887	1,692	960	-20	2,816	4,447	3,752	5,979	6,018	8,190	12,237	0	0	0
FDIC special assessment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Noninterest Expense
986,305	1,021,495	1,014,400	1,112,248	1,100,860	1,061,908	1,059,934	937,487	931,330	925,559	909,887	907,115	900,521	896,314	894,747	893,918	891,322	881,408	871,777	870,488	863,032	858,353	845,269	838,849	823,425	817,898	1,362,554	1,336,038	1,328,078	1,320,180	764,451	760,629	763,534	757,512	756,335	762,891	767,684	0	0	0
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
433,135	398,405	401,724	286,242	263,122	273,786	245,160	334,340	329,507	330,590	338,245	337,512	333,812	327,279	314,695	270,048	269,657	272,829	281,382	308,908	293,032	266,739	243,045	217,663	168,244	161,536	-339,555	-353,244	-320,121	-322,937	178,828	208,309	216,309	239,436	244,415	213,727	191,466	0	0	0
Income Tax Expense (Benefit)
88,648	85,752	86,096	-44,882	-42,212	-32,836	-33,624	107,103	106,656	110,568	116,528	113,380	113,651	112,847	108,872	93,269	93,532	96,015	99,766	111,546	105,306	93,365	84,345	72,094	53,847	54,945	-132,858	-135,974	-123,119	-124,575	64,441	75,434	79,127	88,153	90,171	78,245	70,246	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
344,487	312,653	315,628	331,124	305,334	306,622	278,784	227,237	222,851	220,022	221,717	224,132	220,161	214,432	205,823	176,779	176,125	176,814	181,616	197,362	187,726	173,374	158,700	145,569	114,397	106,591	-206,697	-217,270	-197,002	-198,362	114,387	132,875	137,182	151,283	154,244	135,482	121,220	0	0	0
Income attributable to non-controlling interest
11,718	11,562	11,270	11,019	10,897	10,502	10,147	9,907	9,757	9,666	9,593	9,608	9,354	9,064	8,700	8,160	7,764	7,583	7,429	7,168	7,054	6,923	7,032	7,111	7,040	6,607	6,187	5,956	5,663	5,410	4,993	4,816	4,485	3,985	3,297	2,192	0	0	0	-
Net Income (Loss) Attributable to Parent
332,769	301,091	304,358	320,105	294,437	296,120	268,637	217,330	213,094	210,356	212,124	214,524	210,807	205,368	197,123	168,619	168,361	169,231	174,187	190,194	180,672	166,451	151,668	138,458	107,357	99,984	-212,884	0	0	0	-	-	-	-	-	-	-	0	0	0
Preferred stock dividends
9,975	9,975	11,588	12,840	16,810	19,163	19,904	21,005	19,388	19,388	19,388	19,388	19,388	19,388	19,388	19,388	19,388	19,388	19,388	19,388	19,388	19,388	19,065	16,590	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	0
Impact of preferred stock redemption
0	0	3,481	3,481	9,260	9,260	5,779	5,779	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash deemed preferred stock dividend
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net income available to common stockholders
322,794	291,116	289,289	303,784	268,367	267,697	242,954	190,546	193,706	190,968	192,736	195,136	191,419	185,980	177,735	149,231	148,973	149,843	154,799	170,806	161,284	147,063	132,603	121,006	92,380	89,854	-218,490	-225,598	-202,665	-203,772	109,394	129,844	142,614	0	-	0	0	-	0	0
Earnings Per Share [Abstract]
Reclassification adjustment for securities gains included in net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Unrealized holding gains arising during the period on securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Foreign currency hedge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Foreign currency translation adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Recognized postretirement prior service cost and transition obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Income tax (expense) benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Total other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Comprehensive income (loss) attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Basic (in dollars per share)
0.54	0.42	0.51	0.51	0.34	0.39	0.57	0.29	0.33	0.25	0.26	0.31	0.32	0.26	0.28	0.29	0.29	0.21	0.11	0.29	0.30	0.25	0.21	0.24	0.21	0.16	0.15	0.06	0.20	-1.78	0.11	0.20	0.19	0.21	0.24	0.26	0.32	0.26	0.14	0.08
Diluted (in dollars per share)
0.54	0.42	0.50	0.51	0.34	0.39	0.57	0.29	0.33	0.25	0.27	0.31	0.31	0.26	0.28	0.29	0.29	0.21	0.12	0.29	0.29	0.24	0.22	0.23	0.21	0.16	0.15	0.06	0.20	-1.78	0.11	0.20	0.19	0.21	0.24	0.26	0.32	0.26	0.14	0.08
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Basic (in shares)
161,973	161,865	-	-	165,728	168,507	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in shares)
162,305	162,427	-	-	166,857	169,997	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.05	0.05	-	0.05	0.05	0.05	0.05	0.05
Fees and service charges
Fee revenue
132,581	132,774	132,201	0	0	0	-	-	134,240	136,129	137,664	140,273	142,171	143,844	144,999	146,735	149,999	151,739	154,386	158,163	160,365	163,902	166,606	167,614	168,902	175,420	177,953	184,693	199,400	207,706	219,363	229,841	239,073	260,522	273,181	289,134	298,986	0	0	0
Card revenue
Fee revenue
60,018	59,348	58,864	0	0	0	-	-	54,740	54,669	54,882	54,974	55,030	54,849	54,387	53,436	52,627	51,974	51,323	51,559	51,732	51,753	51,920	51,828	51,588	51,848	52,638	53,307	68,081	82,770	96,147	110,129	110,207	110,579	111,067	109,835	108,660	0	0	0
ATM revenue
Fee revenue
19,410	19,480	19,690	0	0	0	-	-	19,872	20,099	20,445	20,782	21,191	21,443	21,544	21,650	21,774	22,028	22,225	22,358	22,436	22,470	22,656	22,858	23,039	23,487	24,181	25,205	26,606	27,421	27,927	28,304	28,766	29,519	29,836	30,712	30,700	0	0	0
Subtotal
Fee revenue
-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Servicing fee income
Fee revenue
21,188	24,149	27,334	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-