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TCF Financial (TCB) Stock Advancing After Q2 Results Beat

NEW YORK (TheStreet) -- Shares of TCF Financial (TCB) are increasing by 4.03% to $13.56 in afternoon trading on Friday, after the company reported better-than-expected fiscal 2016 second quarter results before Friday's market opened.

The Wayzata, MN-based bank holdings company posted earnings of 31 cents per share on revenue of $330.9 million. Analysts surveyed by Thomson Reuters projected earnings of 29 cents per share on revenue of $214.1 million.

Last year, TCF Financial reported earnings of 29 cents per share on revenue of $319.5 million.

"Despite the ongoing headwinds from the rate...


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