TCF Financial Corporation (TCB) 2018年年度报告「NYSE」.pdf

1、TCF Financial Corporation2018 Annual Report2018 Financial Highlights1 See“Consolidated Financial Condition AnalysisNon-GAAP Financial Measures”in Item 7.“Managements Discussion and Analysis of Financial Condition and Results of Operation”of the accompanying 2018 Form 10-K for reconciliation of GAAP

2、to non-GAAP measures2 Calculated by subtracting auto finance balances of$2.0 billion and$3.2 billion at December 31,2018 and December 31,2017,respectively,from total loan and lease balances of$19.1 billion at both December 31,2018 and December 31,2017Adjusted return on average tangible common equity

3、(ROATCE)1 exceeded 2018 target range (ROATCE1:13.56%;ROACE:12.42%)14.74%Adjusted efficiency ratio1 within 2018 target range (efficiency ratio:69.34%)67.15%Total return to shareholders through common stock dividends and share repurchases100%Loan and lease growth excluding auto finance2 (total loan an

4、d lease balances declined 0.2%)7.5%Average non-interest bearing deposit growth10.1%Record net income attributable to TCF$304 MILLION Total revenue$1.5 BILLION 11 See“Consolidated Financial Condition AnalysisNon-GAAP Financial Measures”in Item 7.“Managements Discussion and Analysis of Financial Condi

5、tion and Results of Operation”of the accompanying 2018 Form 10-K for reconciliation of GAAP to non-GAAP measuresOperating Results 2016 2017 2018Net interest income$848,106$925,238$992,007 Non-interest income 465,900 448,299 470,885 Total revenue 1,314,006 1,373,537 1,462,892 Provision for credit los

6、ses 65,874 68,443 46,768 Non-interest expense 909,887 1,059,934 1,014,400 Incomebeforeincometaxexpense(benefit)338,245245,160401,724 Incometaxexpense(benefit)116,528(33,624)86,096 Income attributable to non-controlling interest 9,593 10,147 11,270 Net income attributable to TCF Financial Corporation