E*TRADE Financial Corp (OQ:ETFC)

Business Focus: Investment Banking & Brokerage Services

Sector:  Financials Industry:  Investment Banking & Brokerage Services
See Regulatory Filings on SEC
Company Contact
Address: 11 Times Sq Fl 32
NEW YORK NY 10036-6622
Tel: N/A
Website: https://us.etrade.com
IR: See website
Key People
Rodger A. Lawson
Chairman of the Board, Director
Michael A. Pizzi
Chief Executive Officer, Director
Michael J. Curcio
Executive Vice President - Institutional, Vice-Chairman of the Executive Committee
Chad E. Turner
Chief Financial Officer
Business Overview
E*Trade Financial Corporation is a financial services company. The Company provides online brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial. The Company also provides investor-focused banking products, primarily sweep deposits, to retail investors. It provides its services to customers through its digital platforms and network of industry-licensed customer service representatives and Financial Consultants, over the phone and by e-mail. The Company's brokerage business is organized into three product areas: Trading, Investing, and Corporate Services. The Company's Trading products deliver automated trade order placement and execution services. The Company's Investing products help investors build wealth and address their long-term investing needs. The Company's Corporate Services channel provides stock plan administration services for both public and private companies.
Financial Overview
For the six months ended 30 June 2019, E*TRADE Financial Corp revenues increased 6% to $1.57B. Net income applicable to common stockholders increased 1% to $489M. Revenues reflect Net Interest Margin, Total -% increase of 7% to 3.22%, Interest income increase of 17% to $1.12B, Fees and service charges increase of 13% to $244M. Net income was partially offset by Compensation and benefits increase of 6% to $332M (expense).
Employees: 4,261 as of Jun 30, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $51,257M as of Jun 30, 2019
Annual revenue (TTM): $3,132M as of Jun 30, 2019
EBITDA (TTM): $1,662M as of Jun 30, 2019
Net annual income (TTM): $1,020M as of Jun 30, 2019
Free cash flow (TTM): $1,143M as of Jun 30, 2019
Net Debt Last Fiscal Year: $40,671M as of Jun 30, 2019
Shares outstanding: 239,813,983 as of Jul 30, 2019
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization