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Wednesday, September 16, 2015 10:09:20 AM
do you have more details this would be great?
E*TRADE FINANCIAL CORPORATION ANNOUNCES SECOND QUARTER 2015 RESULTS
Second Quarter Results • Net income of $292 million, or $0.99 per diluted share • Net income of $72 million(1), or $0.25 per diluted share(1), excluding an income tax benefit related to finalizing an IRS audit • Total net revenue of $445 million • Total operating expenses of $309 million, including severance of $6 million and $9 million related to a third party contract amendment • Provision for loan losses of $3 million • Daily Average Revenue Trades (DARTs) of 149,000 • End of period margin receivables of $8.1 billion • Net new brokerage accounts of 25,000 and an annualized attrition rate of 8.7 percent, excluding the impact of escheatment and shutting down the global trading platform(2) • Net new brokerage assets of $0.9 billion; end of period total customer assets of $302 billion
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