E*TRADE Financial (ETFC) Tops Q3 EPS by 7c, Revenues Beat
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E*TRADE Financial Corporation Announces Third Quarter 2019 Results
October 17, 2019 4:05 PM EDTThird Quarter Results
Net income of $274 million; net income available to common shareholders of $254 million Diluted earnings per common share of $1.08, which includes a net benefit of $9 million, or $0.04 per diluted share, related to the benefit to provision for loan losses Total net revenue of $767 million, a Company record(1) Operating margin of 50 percent; adjusted operating margin of 48 percent(2) Average interest-earning assets of $55.4 billion; net interest margin of 328 basis points Daily Average Revenue Trades (DARTs) of 267,000, including 36 percent in derivatives, a Company... More