10. TCF Financial Corp. Shares of TCF Financial ( TCB) of Wayzata, Minn., closed at $9.43 Wednesday, down 36% year-to-date. Based on a quarterly payout of five cents, the shares have a dividend yield of 2.12%. The company had $18.8 billion in total assets as of June 30, with a nonperforming assets ratio of 4.35%, which was the same as the NPA ratio at the end of the first quarter, but up from 4.09% in June 2010, according to SNL Financial. Second-quarter net income was $29.8 million, or 19 cents a share, compared to $29.7 million, or 20 cents a share, the previous quarter, and $45 million, or 32 cents a share, in the second quarter of 2010. CEO William Cooper said that the company had "continued to evaluate potential strategies to mitigate the lost debit card interchange revenue," and that "TCF expects to be implementing its new product and fee structures in the fourth quarter." TCF's second-quarter operating return on average assets (ROA) was 0.67% according to SNL Financial. The second-quarter provision for loan losses was $44 million, declining from $45.3 million in the first quarter and $49 million in the second quarter of 2010. Following the second-quarter earnings announcement, Credit Suisse analyst Craig Siegenthaler reiterated his neutral rating for TCF, while reducing his target price for the shares to $16 from $17, saying that with clarity from the Federal Reserve's final ruling on the Durbin Amendment, the effect on TCF's earnings would be "$50-60M annually, slightly below our prior estimate of $64M." The shares trade for nine times the consensus 2012 EPS estimate of $1.01, among analysts polled by FactSet, and 0.9 times their June 30 tangible book value of $10.04, according to SNL. Out of 16 analysts covering TCF Financial, six rate the shares a buy, eight have neutral ratings and two recommend selling the shares.