E*TRADE Financial (ETFC) Tops Q2 EPS by 7c
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E*TRADE Financial Corporation Announces Second Quarter 2018 Results
July 19, 2018 4:05 PM EDTNEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ: ETFC):
Second Quarter Results
Net income of $250 million; diluted earnings per common share of $0.95 Total net revenue of $710 million Operating margin of 49 percent; adjusted operating margin of 46 percent(1) Average interest-earning assets of $60 billion; net interest margin of 302 basis points Daily Average Revenue Trades (DARTs) of 259,000, including derivative DARTs of 87,000 and a derivatives mix of 34 percent, a Company record(2)... More