The Market Has Ignored TCF Financial’s Transformation (But Won’t For Long) - []

TCF Financial Corporation (NYSE:TCB), led by longtime CEO Bill Cooper, was an early pioneer in free checking and debit cards. The bank expanded across the Midwest, growing from a small savings and loan into a regional retail banking stalwart. Long-term shareholders were rewarded handsomely as the stock appreciated from under $1 per share in 1991 to a high of over $32 in 2005. Buttressed by signifi…