E*TRADE Financial (ETFC) Tops Q3 EPS by 6c

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E*TRADE Financial Corporation Announces Third Quarter 2018 Results

October 18, 2018 4:05 PM EDT

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

COMPANY TO INITIATE QUARTERLY DIVIDEND ON COMMON STOCK

ANNOUNCES NEW $1 BILLION SHARE REPURCHASE PROGRAM

Third Quarter Results

Net income of $285 million; net income available to common shareholders of $261 million Diluted earnings per common share of $1.00, which includes a net benefit of $30 million, or $0.12 per diluted share, related to the benefit to provision for loan losses and other items(1) Total net revenue of $720 million, a... More