E*TRADE Financial (ETFC) Reports Q1 EPS of $0.72
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E*TRADE Financial Corporation Announces First Quarter 2020 Results
April 23, 2020 4:05 PM EDTÂ
ARLINGTON, Va.--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ: ETFC):
First Quarter Results
Net income of $181 million; net income available to common shareholders of $161 million Diluted earnings per common share of $0.72, which includes expenses of $23 million, or $0.10 per diluted share, related to the provision for credit losses, costs incurred as a result of the proposed merger with Morgan Stanley, and other items(1) Total net revenue of $707 million Average interest-earning assets of $56.7 billion; net interest margin of 282 basis... More