TD Ameritrade Holdings Sees Strong Revenue Growth for Q3

[kreslik.news]

The parent company of Omaha-based brokerage firm TD Ameritrade, TD ‎Ameritrade Holding Corporation, announced its unaudited results for the third quarter of the 2018 fiscal year. According to the report, the company saw an increase in earnings due to a significant reduction in expenses.

When looking at income, both operating and net income saw yearly and quarterly growth. In the third quarter of this year, operating income was $631 million, up from $396 million in the second quarter of this fiscal year. This is an impressive 37% jump year-on-year.

Net income saw similar growth. In the third quarter ... (read more)