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TCF Financial still a Buy at FBR after investor day

Sep. 03, 2015 9:43 AM ETTCF Financial Corporation (TCF) StockTCFBy: Stephen Alpher, SA News Editor1 Comment
  • Taking note of the announcement of a new CEO, new profitability targets, and greater detail and outlook for the bank's differentiated national business lines, analyst Bob Ramsey maintains his Outperform rating on TCF Financial (TCB).
  • "TCB has attractive niche lending businesses with above-average growth and risk-adjusted returns, and improving operating leverage should deliver greater profitability over the next few years, which could be further boosted if rates move higher."

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