Its diluted earnings per share of 19 cents fell two cents short of consensus estimates of analysts polled by Thomson Reuters. The $18.8 billion-asset company reported noninterest income of $114.1 million, down 16% from a year earlier. Fees and services charges fell 27%, to $56.4 million.
In a press release Thursday, William A. Cooper, TCF's chairman and chief executive said that the company plans to introduce new products and fee structure in the fourth quarter as a way to adapt with the new regulatory environment.
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