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E*TRADE Financial Corp (ETFC.O)

ETFC.O on Nasdaq

35.52USD
6 Dec 2016
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Latest Key Developments (Source: Significant Developments)

E*Trade Financial Q3 earnings per share $0.51
Thursday, 20 Oct 2016 04:05pm EDT 

E:Trade Financial Corp . E.Trade financial corporation announces third quarter 2016 results . Q3 earnings per share $0.51 . Q3 earnings per share view $0.39 -- Thomson Reuters I/B/E/S . Qtrly total net revenue $486 million versus $474 million in q2 . Q3 revenue view $471.0 million -- Thomson Reuters I/B/E/S . E.Trade Financial corp - in quarter benfeit to provision for loan losses of $62 million versus $35 million for three months ended june 30,2016 . E.Trade Financial corp qtrly daily average revenue trades of 152,000, including 6,500 darts from optionshouse acquisition.  Full Article

E*TRADE Financial names Karl Roessner as CEO
Monday, 12 Sep 2016 08:15am EDT 

E:TRADE Financial Corp : . E.TRADE Financial Corporation announces leadership transition with close of OptionsHouse transaction . Says appointment of Rodger A. Lawson (previously serving as chairman of board) as executive chairman . Says appointment of Karl A. Roessner (previously serving as general counsel) as chief executive officer . Says appointment of Michael Curcio as chief brokerage officer .Says Kevin Kabat has been appointed lead independent director.  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

E*TRADE Financial Corp reports monthly activity for May 2016
Monday, 13 Jun 2016 04:05pm EDT 

E:TRADE Financial Corp . E.TRADE Financial Corporation reports monthly activity for May 2016 . Daily average revenue trades for May were 149,475, a six percent decrease from April and a one percent decrease from year-ago period .Added 30,607 gross new brokerage accounts in May and ended month with about 3.3 million brokerage accounts, an increase of 8,448 from April.  Full Article

E-Trade offices raided, employees arrested for illegal trading - NY Post, citing sources
Friday, 20 May 2016 03:42pm EDT 

: E-Trade offices raided, employees arrested for illegal trading - NY Post, citing sources .E-Trade's Manila offices raided, equipment confiscated, and as many as 36 employees arrested in a raid by Philippines authorities last week - NY Post.  Full Article

E Trade customers were net sellers of about $0.2 bln in securities during April
Friday, 13 May 2016 08:05am EDT 

E:Trade Financial Corp . Customers were net sellers of approximately $0.2 billion in securities during month . Daily average revenue trades for April were 159,215, a one percent increase from march and a one percent increase from year-ago . Net new brokerage assets were negative $0.4 billion in April . Added 34,724 gross new brokerage accounts in April, ended month with about 3.3 million brokerage accounts, an increase of 10,866 from march . April bank-related cash and deposits decreased $0.1 billion, ending month at $5.3 billion . E.Trade financial corporation reports monthly activity for April 2016.  Full Article

E*TRADE Financial says $800 million share repurchase authorization
Thursday, 19 Nov 2015 08:00am EST 

E*TRADE Financial:Says $800 million share repurchase authorization.Says the authorization is effective immediately and extends through March 31, 2017.  Full Article

E*TRADE FINANCIAL Corp - U.S. says over 10 mln E*Trade, Scottrade customers had personal information compromised
Tuesday, 10 Nov 2015 01:34pm EST 

E*TRADE FINANCIAL Corp:U.S. attorney in Atlanta unveils new indictment against gery shalon, Joshua Samuel Aaron, "John Doe" in hacking case.Defendants are accused of hacking into computers of E * TRADE Financial Corp ETFC.O scottrade financial services.Defendants are accused of compromising personal information of more than 10 million E * Tradescottrade customers.  Full Article

BRIEF-E*Trade Financial Q3 earnings per share $0.51

* E*Trade financial corporation announces third quarter 2016 results