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E*TRADE Financial Corporation Announces First Quarter 2018 Results

04/19/18 | PDF

NEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ: ETFC): First Quarter Results Net income of $247 million; net income available to common shareholders of $235 million Diluted earnings per common share of $0.88 Total net revenue of $708 million Operating margin of 47 percent; adjusted operating margin of 44 percent(1) Average interest-earning assets of $59.8 billion; net interest margin of 297 basis points Daily Average Revenue Trades (DARTs) of 309,000, a Company record(2), including derivative DARTs of 98,000, a Company record(2) ... More

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