E*TRADE Financial (ETFC) Reports In-Line Q4 EPS
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E*TRADE Financial Corporation Announces Fourth Quarter and Full Year 2015 Results
January 21, 2016 4:05 PM ESTNEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ: ETFC):
Fourth Quarter Results
Net income of $89 million, or $0.30 per diluted share Total net revenue of $454 million Allowance for loan losses of $353 million resulting in a benefit to provision for loan losses of $23 million Total operating expenses of $305 million, including a one-time charge to communications expense of $8 million and executive severance of $6 million Daily Average Revenue Trades (DARTs) of 147,000... More