E*TRADE Financial (ETFC) Tops Q4 EPS by 3c, Revenues Miss
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E*TRADE Financial Corporation Announces Fourth Quarter and Full Year 2018 Results
January 24, 2019 4:05 PM ESTNEW YORK--(BUSINESS WIRE)--
E*TRADE Financial Corporation (NASDAQ: ETFC):
Fourth Quarter Results
Net income of $270 million or $1.06 per diluted share, which includes a net benefit of $9 million, or $0.03 per diluted share, related to the benefit to provision for loan losses Total net revenue of $735 million, a Company record(1) Operating margin of 50 percent; adjusted operating margin of 48 percent(2) Return on common equity of 19 percent; adjusted return on common equity of 18 percent(3)... More