TCF Financial Corporation (TCB) : Company Profile and SWOT Analysis by WMIntelligence

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									TCF Financial Corporation

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TCF Financial Corporation                                                     Financial Snapshot

                                                                              Operating Performance
Fast Facts
                                  200 Lake Street East, Wayzata, Minnesota,   The company reported revenue of US$1,375 million
Headquarters Address
                                  55391-1693,United States of America         during the fiscal year 2012 (2012). The company's
                                                                              revenue declined at a compounded rate of 1.54%
Telephone                         + 1 612 6616500
                                                                              during 2008 - 2012, with an annual decline of 0.53%
                                                                              over 2011. In 2012, the company recorded a net profit
Fax                               + 1 612 3332160                             margin of -15.48%, as against 7.91% in 2011.

Website                           www.tcfbank.com
                                                                              Total Income and Margins
Ticker Symbol, Stock Exchange     TCB (New York Stock Exchange)

Number of Employees               7,328

Fiscal Year End                   December

Total Income (in US$ million)     1,375




SWOT Analysis

Strengths                         Weaknesses                                  Return on Equity

Capital adequacy ratio            Declining operating performance             The company recorded a return on equity (ROE) of -
                                                                              11.42% for 2012, as compared to its peers, BOK
                                                                              Financial Corporation (BOKF), The PNC Financial
Diversified business operations                                               Services Group, Inc. (PNC) and CIT Group Inc. (CIT),
                                                                              which recorded ROEs of 11.87%, 8.97% and -7.11%
Increase in total deposits                                                    respectively. The company reported an net profit
                                                                              margin of -15.48% in 2012.
Opportunities                     Threats
                                                                              Return on Equity
Business expansion                Changing regulations

Strategic agreement with ABA      Fluctuations in interest rates

                                  Increase in compliance costs




                                                                              Financial Leverage

                                                                              The company reported a debt to equity ratio of 0.21 in
                                                                              2012, as compared to its peers, BOK Financial
                                                                              Corporation, The PNC Financial Services Group, Inc.
                                                                              and CIT Group Inc., which recorded debt to equity
                                                                              ratios of 1.13, 0.00 and 2.63 respectively.
                                                                              Furthermore, in 2012, the company recorded a debt
                                                                              to capital ratio of 0.02, as compared to its peers, BOK
                                                                              Financial Corporation, The PNC Financial Services
                                                                              Group, Inc. and CIT Group Inc., which recorded debt
                                                                              to capital ratios of 0.12, 0.00 and 0.50 respectively.




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TCF Financial Corporation - SWOT Profile                                                                              Page 1
TCF Financial Corporation

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TABLE OF CONTENTS

1     Business Analysis ................................................................................................................................... 5
    1.1       Company Overview ......................................................................................................................................... 5
    1.2       Business Description ....................................................................................................................................... 6
    1.3       Major Products and Services ........................................................................................................................... 7
2     Analysis of Key Performance Indicators ............................................................................................... 8
    2.1       Five Year Snapshot: Overview of Financial and Operational Performance Indicators ....................................... 8
    2.2       Key Financial Performance Indicators ............................................................................................................ 10
      2.2.1       Total Income and Net Profit Margin............................................................................................................ 10
      2.2.2       Asset and Liabilities ................................................................................................................................... 11
      2.2.3       Gearing Ratio ............................................................................................................................................ 12
      2.2.4       Valuation ................................................................................................................................................... 13
    2.3       Competitive Benchmarking ..........................................................................................
								
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