Last $24.30 USD
Change Today -0.145 / -0.59%
Volume 1.1M
ETFC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

e*trade financial corp (ETFC) Key Developments

E*TRADE Financial Corporation Appoints Shelley B. Leibowitz to Board of Directors

E*TRADE Financial Corporation announced that Shelley B. Leibowitz has been appointed to the company's Board of Directors and the Risk Oversight Committee, effective from December 10, 2014. Ms. Leibowitz served as Group Chief Information Officer for the World Bank from 2009 to 2012, where she oversaw all technology for the Bank’s product delivery infrastructure and managed its cyber security program. Prior to the World Bank, Ms. Leibowitz served as Chief Information Officer at Morgan Stanley and Greenwich Capital Markets.

E*TRADE Financial Corporation Presents at Goldman Sachs U.S. Financial Services Conference 2014, Dec-10-2014 10:00 AM

E*TRADE Financial Corporation Presents at Goldman Sachs U.S. Financial Services Conference 2014, Dec-10-2014 10:00 AM. Venue: Conrad Hotel, 102 North End Avenue, New York, NY 10282, United States. Speakers: Paul Thomas Idzik, Chief Executive Officer, Director and President of E*Trade Bank.

E*Trade Financial Corporation Announces Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended September 30, 2014; Announces Net Charge-Offs

E*TRADE Financial Corporation announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net income of $86 million, or $0.29 per diluted share. This compares with net income of $69 million, or $0.24 per share in the prior quarter, and $47 million, or $0.16 per diluted share in the third quarter of 2013. Total net revenue of $440 million increased from $438 million in the prior quarter and $417 million in the third quarter of 2013. Net operating interest income for the third quarter was $269 million, down slightly from $270 million in the prior quarter and up from $241 million a year ago. Third quarter results reflected a net interest spread of 2.54% on average interest-earning assets of $41.3 billion, compared with 2.55% on $41.4 billion in the prior quarter. Total net revenue in the quarter also included $8 million of net gains on loans and securities. This compared with $7 million in the prior quarter, which included gains related to the sale of modified loans, and $12 million in the third quarter of 2013. Income before other income (expense) and income tax expense was $153,000 against $109,000 for the same period of last year. Income before income tax expense was $125,000 against $80,000 for the same period of last year. As on date, book value per share was $18.26 against $16.82 per share a year ago. As on date, tangible book value per share was $12.69 against $10.96 per share a year ago. For the nine months, the company reported total net revenue of $1,353,000 against $1,277,000 for the same period of last year. Income before other income and income tax expense was $476,000 against $171,000 for the same period of last year. Income before income tax expense was $381,000 against $90,000 for the same period of last year. Net income was $252,000 against $28,000 for the same period of last year. Diluted earnings per share was $0.86 against $0.10 for the same period of last year. Net charge-offs in the quarter were $10 million, compared with $14 million in the prior quarter. The allowance for loan losses ended the quarter unchanged from the previous quarter at $401 million.

E*TRADE Financial Corporation Presents at KBW 2014 Securities Brokerage & Market Structure Conference, Nov-19-2014 07:45 AM

E*TRADE Financial Corporation Presents at KBW 2014 Securities Brokerage & Market Structure Conference, Nov-19-2014 07:45 AM. Venue: Mandarin Oriental, New York, New York, United States. Speakers: Matthew J. Audette, Chief Financial Officer, Principal Accounting Officer, Executive Vice President and Controller.

E*TRADE Financial Corporation to Report Q3, 2014 Results on Oct 21, 2014

E*TRADE Financial Corporation announced that they will report Q3, 2014 results at 5:00 PM, Eastern Daylight on Oct 21, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ETFC:US $24.30 USD -0.145

ETFC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
BGC Partners Inc $9.41 USD +0.35
ICAP PLC 457.70 GBp -0.70
IG Group Holdings PLC 715.50 GBp +1.50
Lazard Ltd $50.82 USD -0.13
RCS Capital Corp $11.15 USD -0.08
View Industry Companies
 

Industry Analysis

ETFC

Industry Average

Valuation ETFC Industry Range
Price/Earnings 23.0x
Price/Sales 4.0x
Price/Book 1.3x
Price/Cash Flow 17.0x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact E*TRADE FINANCIAL CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.