The competitive outlook favors TCF Equipment Finance due to its tech-driven underwriting processes. Enhanced risk modeling may further reduce default ratios, bolstering market confidence in the company’s earnings visibility. 3 hours ago · INDIANAPOLIS – Former NFL quarterback Mark Sanchez was charged early Sunday morning by Marion County prosecutors for his alleged role in a stabbing that left him seriously injured early Saturday ... As part of the transaction, Faegre Drinker Biddle & Reath served as legal advisor to TCF, and Davis Polk & Wardwell served as legal advisor to Truist. Truist Securities served as financial advisor to Truist. Analysts highlight TCF Equipment Finance’s low cost of funds compared to industry norms as a key competitive advantage. This financial positioning could sustain net interest margins above 3% in 2024, even under volatile treasury yields.
