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E*TRADE Financial Corp (ETFC.OQ)

ETFC.OQ on NASDAQ Stock Exchange Global Select Market

33.64USD
24 Mar 2017
Change (% chg)

$-0.10 (-0.30%)
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Open
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Volume
790,026
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Latest Key Developments (Source: Significant Developments)

E*TRADE says Feb net new brokerage assets were $1.8 billion
Tuesday, 14 Mar 2017 08:05am EDT 

E:TRADE Financial Corp : . E.TRADE Financial Corporation reports monthly activity for February 2017 . E.TRADE -daily average revenue trades (darts) for February were 218,964, a nine percent increase from January and a 33 percent increase from year-ago period . E.TRADE Financial Corp - Feb net new brokerage assets were $1.8 billion . E.TRADE Financial Corp - added 45,767 gross new brokerage accounts in February and ended month with about 3.5 million brokerage accounts.  Full Article

E*Trade Financial reports darts of 218,964 for Feb, a nine percent increase from Jan
Tuesday, 7 Mar 2017 08:01am EST 

E:Trade Financial Corp . For february 2017, company reports darts of 218,964, a nine percent increase from january .Derivatives represented 28 percent of total darts in february, down from 29 percent in prior month.  Full Article

E*Trade Financial updates 2017 operating margin target to 36 pct
Thursday, 2 Mar 2017 08:06am EST 

E:Trade Financial Corp . E.Trade Financial Corp - company updated its 2017 operating margin target to 36 percent . E.Trade Financial Corp - estimates that changes to trading comissions would have reduced 2016 commission revenue by approximately $100 million.  Full Article

E*Trade announces base rate and active trader commission reductions
Thursday, 2 Mar 2017 08:05am EST 

E:Trade Financial Corp . E.Trade announces base rate and active trader commission reductions . E.Trade Financial Corp - e.trade to lower trade commission rate to $6.95 from $9.99 for all customers . E.Trade Financial Corp - introducing an active trading program and pricing tier for its most engaged customers who execute 30+ trades per quarter . E.Trade Financial Corp - new commissions are scheduled to become effective March 13, 2017 . E.Trade Financial - new customer tier commissions for trades will be $4.95, options charges will be $0.50 per options contract, down from $0.75.  Full Article

E*Trade Financial reports monthly activity for January 2017
Tuesday, 14 Feb 2017 08:05am EST 

E:Trade Financial Corp . E.Trade Financial Corporation reports monthly activity for January 2017 . Daily Average Revenue Trades (DARTS) for January were 201,464, an eight percent increase from December . Net new brokerage assets were $0.8 billion in month . Jan net new brokerage assets were $0.8 billion in month . Added 42,055 gross new brokerage accounts in January .Jan customer margin balances increased $0.1 billion, ending month at $7.2 billion.  Full Article

E*Trade Financial Corp Q4 earnings per share $0.46
Thursday, 26 Jan 2017 04:01pm EST 

E:Trade Financial Corp . e.trade financial corporation announces fourth quarter and full year 2016 results . e.trade financial corp says q4 net new brokerage accounts of 24,000; annualized growth rate of 2.8 percent . Qtrly daily average revenue trades of 188,000 . e.trade financial corp - qtrly benefit to provision for loan losses of $ 18 million versus $23 million . e.trade financial corporation announces fourth quarter and full year 2016 results . Q4 earnings per share $0.46 . Q4 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . e.trade financial corp says q4 total net revenue $509 million versus. $439 million Further company coverage: [ETFC.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

E*TRADE Financial says added 30,747 gross new brokerage accounts in Oct
Monday, 14 Nov 2016 08:05am EST 

E:TRADE Financial Corp . e.trade financial corp - daily average revenue trades ("darts") for october were 168,739, a two percent increase from september . e.trade financial corp - net new brokerage assets were $0.2 billion in month . e.trade financial - added 30,747 gross new brokerage accounts in oct, ended month with about 3.4 million brokerage accounts, a decrease of 630 from sept . e.trade financial corporation reports monthly activity for october 2016.  Full Article

E*trade Financial to propose offering of preferred stock
Monday, 15 Aug 2016 08:05am EDT 

E:Trade Financial Corp . to propose offering of preferred stock . Intends to use gross proceeds from offering, along with $325 million of existing cash, to finance purchase of Aperture New Holdings .Filed for offering of up to $400 million of fixed-to-floating rate non-cumulative preferred stock, with a liquidation preference of $1,000 per share.  Full Article

E*Trade to buy OptionsHouse for $725 mln
Monday, 25 Jul 2016 07:55am EDT 

E:Trade Financial Corp : . E.Trade announces acquisition of OptionsHouse . Deal for $725 million . Intends to finance transaction through issuance of up to $400 million of non-cumulative perpetual preferred stock . Expects transaction to be relatively neutral to earnings in 2017 and accretive in 2018 . Full run-rate synergies of approximately $65 million annually are expected in 2018 .Along with $400 million of non-cumulative perpetual preferred stock, remaining balance of deal value to be paid in cash.  Full Article

E*TRADE Financial Q2 earnings per share $0.48
Thursday, 21 Jul 2016 04:05pm EDT 

E:TRADE Financial Corp . As of June 30, 2016, consolidated Tier 1 leverage ratio was 7.5 percent versus 7.8 percent in previous quarter end . Benefit to provision for loan losses of $35 million, compared to benefit of $34 million in previous quarter . Announces second quarter 2016 results . Q2 earnings per share $0.48 . E.TRADE reported DARTs of 152,000 during quarter, a decrease of eight percent from prior quarter . Q2 earnings per share view $0.38 -- Thomson Reuters I/B/E/S . Company ended quarter with 3.3 million brokerage accounts, an increase of 23,000 from prior quarter . Qtrly total net revenue $474 million versus $445 million .Allowance for loan losses ended quarter at $293 million, down from $322 million in prior quarter.  Full Article

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BRIEF-E*TRADE says Feb net new brokerage assets were $1.8 billion

* E*TRADE Financial Corporation reports monthly activity for February 2017