Fourth-quarter income at TCF Financial Corp. in Wayzata, Minn., rose 16% from a year earlier, to $52.1 million, or 66 cents a share.

Net income for the full year climbed 12%, to $186.2 million, or $2.35 a share.

TCF attributed the growth to its strategy of expansion through supermarket branching. The company recently announced plans to open up to 40 new branches this year, mainly in supermarkets.

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