E*TRADE Financial (ETFC) Tops Q3 EPS by 4c
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E*TRADE Financial Corporation Announces Third Quarter 2015 Results
October 22, 2015 4:05 PM EDTThird Quarter Results
Net loss of $153 million, or $0.53 per diluted share Adjusted net income of $98 million(1), or $0.33 per diluted share(1), excluding charges related to the termination of the Companys $4.4 billion of wholesale funding obligations Total adjusted net revenue of $443 million(1), excluding $370 million of losses related to the termination of wholesale funding obligations Allowance for loan losses of $376 million resulting in a benefit to provision for loan losses of $25 million Total operating expenses of $293 million... More