TD Ameritrade (AMTD) Reports In-Line Q2 EPS

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Go back to TD Ameritrade (AMTD) Reports In-Line Q2 EPS

TD Ameritrade Earnings up on Strong Asset Gathering, Record Trading

April 19, 2016 7:30 AM EDT

Net New Client Assets of $14B, Record Total Client Assets of $711B

Diluted Earnings per Share of $0.38

Record Net Revenues of $846M

OMAHA, Neb.--(BUSINESS WIRE)-- TD Ameritrade Holding Corporation (Nasdaq: AMTD) has released results for the second quarter of fiscal 2016. The Company gathered approximately $14 billion in net new client assets, and reported record client trading activity.

The Companys results for the quarter ended Mar. 31, 2016 include the following: (1)

$0.38 earnings per diluted share, on net income of $205 million, up 9... More