TCF Financial Corp. (TCB) Friday said second-quarter net income available to common stockholders rose to $48.28 million from $34.06 million last year. Earnings per common share were $0.29, compared to $0.21 last year.
On average, 18 analysts polled by Thomson Reuters expected earnings of $0.27 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue was $310.1 million, compared to $301.83 million last year.
Provision for credit losses declined to $9.91 million from $32.59 million.
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