TCF Reports Q4 EPS $.22 vs. $.23

TCF Financial Corporation TCB today reported diluted earnings per common share of 22 cents for the fourth quarter of 2010, compared with 15 cents in the fourth quarter of 2009, an increase of 46.7 percent. Net income for the fourth quarter of 2010 was $30.7 million, compared with $19.5 million in the fourth quarter of 2009, an increase of 57.9 percent. Diluted earnings per common share for the year ended December 31, 2010 was $1.05, compared with 54 cents for the same 2009 period, an increase of 94.4 percent. Net income for the year ended December 31, 2010 was $146.6 million, compared with $87.1 million for the same 2009 period, an increase of 68.3 percent.