ETFC E*TRADE Financial Corporation featured news, full reports, and detailed charts
E*TRADE Financial Corporation (ETFC) Wrap Up:
E*TRADE Financial Corporation, through its subsidiaries, offers financial solutions to retail and institutional customers worldwide. It provides retail investments and trading, which include automated order placement and execution of equities, currencies, futures, options, exchange-traded funds, mutual funds, and bonds, as well as offers quick transfer, wireless account access, extended hours trading, quotes, and research and advanced planning tools. The company also offers various banking and financial services that include checking, savings, sweep, and money market accounts; certificates of deposit products; mortgage, home equity, margin, and credit card products; and various loans, includ...E*TRADE Financial Corporation (ETFC:NASDAQ)
Snapshot of E*TRADE Financial Corporation (ETFC)
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OPEN
$1.63
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PREVIOUS CLOSE
$1.63
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DAY HIGH
$1.70
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DAY LOW
$1.59
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52 WEEK HIGH
04/17/09 - $2.90
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52 WEEK LOW
03/12/09 - $0.59
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MARKET CAP
3.1B
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AVERAGE VOLUME 3 mo
60.1M
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DILUTED EPS TTM
$-1.79
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SHARES OUTSTANDING
1.9B
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ETFC Does Not Pay Dividends
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P/E TTM
NM
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ETFC Top Compensated Officers
Executives, Board Directors
Key developments for E*TRADE Financial Corporation (ETFC)
E*TRADE Financial Corporation announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported operating interest income was $440,038 compared to $604,071 for the same period last year. Net operating interest income was $321,378 compared to $324,774 for the same period last year. Loss before income tax benefit and discontinued operations was $1,151,349 compared to $501,591 for the same period last year. Loss from continuing operations was $831,686 or $0.66 basic and diluted per share compared to $320,789 or $0.09 basic and diluted per share for the same period last year. Net loss was $831,686 or $0.66 basic and diluted per share compared to $50,475 or $0.09 basic and diluted per share for the same period last year. For the nine months, the company reported operating interest income was $1,412,193 compared to $1,929,736 for the same period last year. Net operating interest income was $939,630 compared to $993,909 for the same period last year. Loss before income tax benefit and discontinued operations was $1,706,901 compared to $833,577 for the same period last year. Loss from continuing operations was $1,207,608 or $1.45 basic and diluted per share compared to $533,159 or $1.07 basic and diluted per share for the same period last year. Net loss was $1,207,608 or $1.45 basic and diluted per share compared to $236,227 or $1.07 basic and diluted per share for the same period last year. Net cash provided by operating activities was $730,265 compared to $753,187 for the same period last year. Purchases of property and equipment was $64,691 compared to $82,626 for the same period last year.
E*TRADE Financial Corporation expected to Report Fiscal Year 2009 Results on January 25, 2010. This event was calculated by Capital IQ (Created on October 28, 2009).
E*TRADE Financial Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. The company announced results for its third quarter ended September 30, 2009, reporting a net loss of $832 million, or $0.66 per basic and diluted share, compared with a net loss of $50 million, or $0.09 per basic and diluted share, a year ago. The third quarter results included a $968 million pre-tax non-cash charge for corporate debt extinguishment in relation to the Company's successful $1.74 billion debt exchange, which had an after-tax impact of approximately $773 million, or $0.61 per share. Excluding the impact of this item, the company reported a net loss of $59 million, or $0.05 per share. The company reported total net revenue of $575.327 million compared to $377.732 million for the same period of last year. The company reported loss from continuing operations of $831.686 million or $0.66 per basic and diluted share net operating interest income of $321.378 million compared to loss from continuing operations of $320.789 million or $0.60 per basic and diluted share net operating interest income of $324.774 million for the same period of last year. The company reported loss before other income, income tax benefit and discontinued operations of $73.609 million and loss before income tax benefit and discontinued operations of $1,151.349 million compared to loss before other income, income tax benefit and discontinued operations of $435.958 million and loss before income tax benefit and discontinued operations of $501.591 million for the same period of last year. The company reported EBITDA loss of $1,053.8 million compared to EBITDA loss of $384.3 million for the same period of last year. For the nine months, the company reported net loss of $1,207.608 million or $1.45 per basic and diluted share on total net revenues of $1,693.576 million compared to net loss of $236.227 million or $0.48 per basic and diluted share on total net revenues of $1,439.163 million for the same period of last year. The company reported loss from continuing operations of $1,207.608 million or $1.45 per basic and diluted share net operating interest income of $939.630 million compared to loss from continuing operations of $533.159 million or $1.07 per basic and diluted share net operating interest income of $993.909 million for the same period of last year. The company reported loss before other income, income tax benefit and discontinued operations of $437.058 million and loss before income tax benefit and discontinued operations of $1,706.901 million compared to loss before other income, income tax benefit and discontinued operations of $600.395 million and loss before income tax benefit and discontinued operations of $833.577 million for the same period of last year. Book value per common share was $20.6 as of September 30, 2009 compared to book value per common share of $4.72 as of September 30, 2008. The company recorded net impairment of $19.229 million for the third quarter of 2009 compared to $17.884 million for the third quarter of 2008.
ETFC Competitors
| Company | Last | Change |
| BINCKBANK | €13.05 EUR | -0.15 |
| comdirect Bank | €6.15 EUR | -0.06 |
| DAB Bank | €4.15 EUR | -0.17 |
| optionsXpress Holdings Inc | $15.99 USD | -0.23 |
| TradeStation Group Inc | $7.50 USD | -0.03 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ETFC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 15.9x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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ETFC |
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ETFC transactions
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| No transactions in the last 6 months. | ||
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