E*TRADE Financial (ETFC) Declares $0.14 Quarterly Dividend; 1.1% Yield
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E*TRADE Financial Corporation Announces First Quarter 2019 Results
April 17, 2019 4:05 PM EDTNEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ: ETFC):
First Quarter Results
Net income of $290 million; net income available to common shareholders of $270 million Diluted earnings per common share of $1.09, which includes a net benefit of $19 million, or $0.08 per diluted share, related to benefits to provision for loan losses and communications expense(1) Total net revenue of $755 million, a Company record(2) Operating margin of 52 percent; adjusted operating margin of 50 percent (3)... More