E*TRADE Financial (ETFC) Tops Q4 EPS by 1c

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Go back to E*TRADE Financial (ETFC) Tops Q4 EPS by 1c

E*TRADE Financial Corporation Announces Fourth Quarter and Full Year 2019 Results

January 23, 2020 4:05 PM EST

 

ARLINGTON, Va.--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ: ETFC):

Fourth Quarter Results

Net income and net income available to common shareholders of $172 million Diluted earnings per common share of $0.76, which includes net losses of $18 million, or $0.08 per diluted share, related to restructuring costs, the benefit to provision for loan losses, and other items(1) Total net revenue of $679 million Average interest-earning assets of $55.2 billion; net interest margin of 301 basis points Daily Average Revenue Trades (DARTs) of... More