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TCF Declares Quarterly Cash Dividends

Company Release - 8/1/2019 4:18 PM ET

DETROIT--(BUSINESS WIRE)-- The Board of Directors of TCF Financial Corporation (TCF) (NASDAQ: TCF) today declared quarterly cash dividends on TCF’s common shares and 5.70% Series C Non-Cumulative Perpetual Preferred Stock.

A quarterly cash dividend of $0.35 per common share is payable on September 3, 2019 to stockholders of record at the close of business on August 15, 2019.

A quarterly cash dividend of $0.35625 per depositary share is payable on September 3, 2019 to stockholders of record of the depositary shares, representing a 1/1,000th interest in a share of the 5.70% Series C Non-Cumulative Perpetual Preferred Stock, at the close of business on August 15, 2019.

About TCF Financial Corporation

TCF Financial Corporation (NASDAQ: TCF) is a Detroit, Michigan-based financial holding company with over $47 billion in total assets and a top 10 deposit market share in the Midwest. TCF’s primary banking subsidiary, TCF National Bank, is a premier Midwest bank offering consumer and commercial banking, trust and wealth management, and specialty leasing and lending products and services to consumers, small businesses and commercial clients. TCF has more than 500 branches primarily located in Michigan, Illinois and Minnesota with additional locations in Arizona, Colorado, Indiana, Ohio, South Dakota and Wisconsin. TCF also conducts business across all 50 states and Canada through its specialty lending and leasing businesses. To learn more about TCF, visit ir.tcfbank.com.

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Tom Wennerberg (248) 498-2872 [email protected] (Media)

Timothy Sedabres (952) 745-2766 [email protected] (Investors)

Source: TCF Financial Corporation

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