E*TRADE Financial (ETFC) Tops Q1 EPS by 9c
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E*TRADE Financial Corporation Announces First Quarter 2017 Results
April 20, 2017 4:05 PM EDTNEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ: ETFC):
First Quarter Results
Net income of $145 million; net income available to common shareholders of $132 million Diluted earnings per common share of $0.48 Total net revenue of $553 million Net interest income of $319 million on average interest-earning assets of $48.7 billion; net interest margin of 263 basis points Allowance for loan losses of $213 million, resulting in a benefit to provision for loan losses of $14 million Total non-interest expense of $342... More