TD Ameritrade Holding Corp (AMTD) Tops Q2 EPS by 1c
TD Ameritrade Holding Corp (NYSE: AMTD) reported Q2 EPS of $0.35, $0.01 better than the analyst estimate of $0.34. Revenue for the quarter came in at $812 million versus the consensus estimate of $799.8 million.
Key metrics:
- Net new client assets of approximately $12.2 billion, an annualized growth rate of 8 percent
- Record average client trades per day of approximately 492,000, an activity rate of 8.1 percent
- Record net revenues of $812 million, 52 percent of which were asset-based
- Investment product fee revenues of $75 million, up 21 percent year-over-year
- Pre-tax income of $317 million, or 39 percent of net revenues
- EBITDA(2) of $369 million, or 45 percent of net revenues
- Interest rate sensitive assets(3) of $96 billion, up 9 percent year-over-year
- Record client assets of approximately $617 billion, up 19 percent year-over-year
For earnings history and earnings-related data on TD Ameritrade Holding Corp (AMTD) click here.
