TCF Financial Corporation (TCB)
TCF Financial Corporation Beneish M-Score: -3.566
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TCB Beneish M-Score Rankings
| Overall | 91st percentile | 309 of 3771 |
| Sector | 77th percentile | 154 of 676 in Financial |
| Industry | 66th percentile | 7 of 21 in Money Center Banks |
TCB Beneish M-Score Range, Past 5 Years
| Minimum | -3.577 | Dec 2008 |
| Maximum | -3.249 | Dec 2007 |
| Average | -3.458 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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TCB News
TCF Financial Corporation's CEO Presents at UBS Global Financial Services Conference (Transcript)
May 11, 10:37PM Seeking Alpha
May 11, 10:37PM Seeking Alpha
Compass Point Reiterates a 'Sell' on TCF Financial (TCB); Limited Upside with Materially Negative Trends
Apr 24, 7:18AM Street Insider
Apr 24, 7:18AM Street Insider
TCF Financial's CEO Discusses Q1 2012 Results - Earnings Call Transcript
Apr 19, 8:51PM Seeking Alpha
Apr 19, 8:51PM Seeking Alpha
Listen to $TCB Q1 2012 earnings call - live at 11:00 AM, ondemand after - http://stks.co/3PsS
about 44 days ago by earningscast
about 44 days ago by earningscast
TCF Financial Corp. (TCB) Posts Narrower than Expected Q1 Loss of $1.78/Share
Apr 19, 8:08AM Street Insider
Apr 19, 8:08AM Street Insider
Previously Announced Balance Sheet Repositioning Drives TCF's First Quarter 2012 Results
Apr 19, 8:00AM Business Wire
Apr 19, 8:00AM Business Wire
TCF Financial Corp. (TCB) Declares $0.05 Quarterly Dividend; 1.8% Yield
Apr 16, 3:05PM Street Insider
Apr 16, 3:05PM Street Insider
TCF to Host Teleconference to Discuss 2012 First Quarter Results on April 19 at 10:00 a.m. CT
Apr 06, 2:30PM Business Wire
Apr 06, 2:30PM Business Wire
$TCB http://stks.co/2scR Possible reversal if it breaks above 11.90 http://stks.co/2scS
about 79 days ago by freeswingtrades
about 79 days ago by freeswingtrades
$TCB forms bearish "Symmetrical Continuation Triangle" chart pattern. http://stks.co/2epO
about 91 days ago by RecogniaEvents
about 91 days ago by RecogniaEvents
EOD: Closed: None, New: Short: Added to shorts in $FXE $TCB, Long: Added to long in $SBUX
about 114 days ago by RSDtrading
about 114 days ago by RSDtrading
EOD: Closed: Covered $JCP, New: Long: Added to $GDX position, Short: $PNK $TCB
about 120 days ago by RSDtrading
about 120 days ago by RSDtrading
$TCB Downside Blowoff - 15 Minute Up Reversal - Green bar after 4 red bars with lower highs and lower lows
about 130 days ago by TradeIdeasQuant
about 130 days ago by TradeIdeasQuant
Listen to $TCB Q4 2011 earnings call (EPS 0.1 vs est 0.14) - live at 11:00 AM, ondemand after - http://stks.co/240W
about 130 days ago by earningscast
about 130 days ago by earningscast
Listen to $TCB Q4 2011 earnings call (EPS 0.1 vs est 0.14) - live at 10:00 AM, ondemand after - http://stks.co/23tn
about 130 days ago by earningscast
about 130 days ago by earningscast
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TCB | 10.99 | -0.80 | -6.79% | 1.910B |
| TCAP | 19.98 | -0.36 | -1.77% | 553.45M |
| TC | 3.44 | +0.01 | +0.29% | 576.51M |
| TBT | 14.74 | -0.71 | -4.60% | |
| TBOW | 1.22 | +0.02 | +1.67% | |
| TBI | 13.84 | -1.11 | -7.42% | 596.21M |
| TBET | 1.29 | +0.00 | +0.00% | 19.16M |
| TBBK | 8.66 | -0.43 | -4.73% | 300.88M |
| TAYC | 14.11 | -0.77 | -5.17% | 423.04M |
| TAXI | 10.33 | +0.01 | +0.10% | 182.87M |