E*TRADE (ETFC) PT Raised to $47 at Deutsche Bank

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Go back to E*TRADE (ETFC) PT Raised to $47 at Deutsche Bank

E*TRADE Financial Corporation Announces Second Quarter 2017 Results

July 20, 2017 4:05 PM EDT

Company reduces its consolidated Tier 1 leverage ratio threshold to 6.5%

Announces $1 billion share repurchase program

NEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ: ETFC):

Second Quarter Results

Net income of $193 million, or $0.70 per diluted share, which includes a net benefit of $50 million, or $0.18 per diluted share, related to a benefit to provision for loan losses, partially offset by one-time market data expenses as well as expenses associated with the OptionsHouse integration and crossing the $50 billion regulatory threshold... More