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E*TRADE Financial Corporation Announces Second Quarter 2017 Results

07/20/17 | PDF

Company reduces its consolidated Tier 1 leverage ratio threshold to 6.5% Announces $1 billion share repurchase program NEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ:ETFC): Second Quarter Results Net income of $193 million, or $0.70 per diluted share, which includes a net benefit of $50 million, or $0.18 per diluted share, related to a benefit to provision for loan losses, partially offset by one-time market data expenses as well as expenses associated with the OptionsHouse integration and crossing the $50 billion regulatory threshold Total net revenue of $577 million ... More

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