TCF Financial (TCF) Displays Cost Pressure: Time to Sell?

On Jun 9, we issued an updated research report on TCF Financial Corporation TCF. While this Minnesota-based various retail and commercial banking products and services provider is getting digitized as per customers' requirements and reflecting organic growth, its escalating expenses and declining fee income remain concerns.

Further, cost pressure on the company led to a 16.3% decline in share price over the last six months, as compared with 1.1% growth recorded by the Zacks categorized Midwest Banks industry.