DBusiness Daily Update: Association for Corporate Growth to Host M&A All Star Awards Sept. 28, and More dbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dbusiness.com Daily Mail and Mail on Sunday newspapers.
Huntington Bancshares Has 15% Fewer TCF Employees Than Before Merger tcbmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tcbmag.com Daily Mail and Mail on Sunday newspapers.
Huntington's whirlwind courtship of TCF americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
9 & 10 News January 22, 2021 DETROIT (AP) Chemical Financial Corp. (TCF) on Friday reported fourth-quarter earnings of $91.4 million. The bank, based in Detroit, said it had earnings of 58 cents per share. Earnings, adjusted for one-time gains and costs, were 75 cents per share. The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share. The financial holding company posted revenue of $538.7 million in the period. Its revenue net of interest expense was $508.6 million, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $500.6 million. For the year, the company reported profit of $222.8 million, or $1.39 per share. Revenue was nearly unchanged at $2.05 billion.
Huntington bets economic rebound, cost savings will justify TCF deal americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
Here's what Detroit is gaining and losing in TCF-Huntington merger mdjonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mdjonline.com Daily Mail and Mail on Sunday newspapers.
Detroit loses corporate bank HQ, but CEO says Huntington commercial hub is 'forever' mdjonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mdjonline.com Daily Mail and Mail on Sunday newspapers.
CEO of Eden Prairie-based Tennant Co. retiring after 15 years Chris Killingstad will be succeeded by Dave Huml. By Patrick Kennedy Star Tribune December 15, 2020 7:20pm Text size Copy shortlink: He will be succeeded by Dave Huml, the Eden Prairie-based manufacturing company s chief operating officer. Dave Huml s promotion to CEO is a natural progression that reflects his successful leadership at Tennant, including his role as a major architect of the company s current enterprise strategy, said lead director Steven Sonnenberg in a news release. Killingstad will remain with Tennant as a strategic adviser until the end of next year. With his leadership, Chris helped transform Tennant into the innovation leader that we are today in the mechanized cleaning industry, Sonnenberg said.
TCF, Minnesota's third-largest bank, will merge with Huntington and give up its name businessnorth.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessnorth.com Daily Mail and Mail on Sunday newspapers.
Detroit-based TCF Financial Corp. will merge into Huntington Bancshares Inc. in a $22 billion all-stock merger that creates one of the largest regional banks in the U.S. with dual headquarters in Detroit and Columbus, Ohio, the companies announced Sunday. With Huntington, a major player in the industrial Midwest, the acquisition will create one of the top 10 largest regional banks in the country. Once it is complete, the TCF will name disappear, replaced with the Huntington name on its banking centers and ATMs. The deal is expected to close in the second quarter of 2021 and is subject to regulatory and shareholder approval.