How Does TCF Financial Corporation (TCB) Stack Up Right Now?

TCF Financial Corporation (NYSE:TCB) is an interesting player in the Financial space, with a focus on Money Center Banks. The stock has been active on the tape, currently trading at $19.56, up from yesterday’s close by 1.29%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

No amount of research is complete without a bird’s eye view of the financial data. TCF Financial Corporation (TCB) currently trades with a market capitalization of $3.34B. That value represents a market adjusting for revenues that have been growing by 3.30% on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For TCB, the company currently has $555.56M of cash on the books, which is offset by $715.56M current liabilities. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of 0.3 on a per share basis this quarter. Perhaps, that suggests something about why 80.10% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, TCF Financial Corporation recorded a 52-week high of 20.03. It is now trading 0.72 off that level. The stock is trading 18.99 its 50-day moving average by -0.32. The stock carved out a 52-week low down at 10.37.

In recent action, TCF Financial Corporation (TCB) has made a move of +3.99% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 36.08, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 154.66M with 3.64% sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of TCB.

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