E*TRADE Reports Upbeat Q3 Earnings, Fueled by OptionsHouse Acquisition

[kreslik.news]

E*TRADE Financial Corporation (NASDAQ:ETFC) has released its financial results for Q3 2016, having reversed a recent decline in previous quarters en route to a rise across a number of key metrics, constituting one of its brightest quarters of 2016, per an E*TRADE earnings filing.

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During Q3 2016, E*TRADE reported a net income of $139 million and $0.51 per diluted share – this represented a rise of 4.5% QoQ from $133 million in Q2 2016 and $0.48 per diluted share. The figure does however represent a ... (read more)