E-TRADE Financial Corporation

E*TRADE is an innovative financial services company offering a full suite of easy-to-use online brokerage, investing and related banking solutions, delivered at a competitive price. We empower individuals to take control of their financial futures by providing the products, tools and services they need to meet their near- and long-term investing goals. We provide these services to customers online and through our network of customer service representatives, investment professionals, and investment advisors – over the phone and-in person at our 30 E*TRADE branches. Securities products and services are offered by E*TRADE Securities LLC, Member FINRA/SIPC. Banking products and services are offered by E*TRADE Bank, a Federal savings bank, Member FDIC, or its subsidiaries. Full portfolio management and advisory services are offered by E*TRADE Capital Management LLC, an investment adviser registered with the Securities and Exchange Commission. E*TRADE Securities LLC, E*TRADE Bank and E*TRADE Capital Management are separate but affiliated companies. © 2014 E*TRADE Financial Corporation. All rights reserved.
Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1982
Size (employees)
3,600 (est)
E-TRADE Financial Corporation was founded in 1982 and is headquartered in New York, US

E-TRADE Financial Corporation Office Locations

E-TRADE Financial Corporation has offices in New York, Jersey, Jersey City, Sandy and in 31 other locations
New York, US (HQ)
1271 Ave of the Americas
Show all (35)

E-TRADE Financial Corporation Financials and Metrics

E-TRADE Financial Corporation Financials

E-TRADE Financial Corporation's revenue was reported to be $1.9 b in FY, 2016
USD

Revenue (Q2, 2017)

577 m

Net income (Q2, 2017)

193 m

EBIT (Q2, 2017)

356 m

Market capitalization (13-Nov-2017)

12 b

Cash (30-Jun-2017)

1.1 b
E-TRADE Financial Corporation's current market capitalization is $12 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.7 b1.8 b1.4 b1.9 b

Revenue growth, %

5%(21%)36%

Sales and marketing expense

501 m

General and administrative expense

98 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

416.8 m475 m438 m440 m456 m445 m73 m472 m474 m486 m553 m577 m

Sales and marketing expense

88.4 m98 m99 m108 m113 m118 m123 m126 m125 m123 m136 m133 m

General and administrative expense

17.7 m18 m19 m22 m21 m22 m21 m23 m24 m24 m27 m29 m

Operating expense total

270.7 m290 m284 m277 m300 m309 m293 m312 m295 m323 m342 m359 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.8 b1.8 b2.2 b2 b

Accounts Receivable

2.6 b

PP&E

237.2 m245 m236 m239 m

Goodwill

1.8 b1.8 b1.8 b2.4 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

1.8 b1.6 b1.8 b1.8 b1 b1.9 b1.5 b1.6 b2.4 b1.5 b998 m1.1 b

PP&E

246.2 m224 m227 m240 m241 m238 m236 m232 m231 m231 m239 m245 m

Goodwill

1.8 b1.8 b1.8 b1.8 b1.8 b1.8 b1.8 b1.8 b1.8 b2.4 b2.4 b2.4 b

Total Assets

45.5 b46.4 b45.7 b45.8 b46.8 b47.1 b41.2 b47.9 b49.2 b49.2 b55.9 b58.8 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

86 m293 m268 m552 m

Depreciation and Amortization

89.1 m78 m81 m79 m

Cash From Operating Activities

1.1 b701 m832 m1.6 b

Capital Expenditures

(46.6 m)(87 m)(70 m)(75 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

28.1 m97 m166 m252 m40 m332 m179 m153 m286 m425 m145 m338 m

Depreciation and Amortization

311.3 m79 m159 m245 m89 m186 m271 m53 m112 m174 m61 m124 m

Cash From Operating Activities

888.5 m(143 m)300 m368 m(530 m)389 m668 m96 m327 m728 m365 m172 m

Capital Expenditures

(31.3 m)(7 m)(30 m)(62 m)(16 m)(32 m)(52 m)(20 m)(38 m)(51 m)(23 m)(50 m)
USDY, 2017

Revenue/Employee

160.3 k

Financial Leverage

8.8 x
Show all financial metrics

E-TRADE Financial Corporation Operating Metrics

FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Client Assets

$290.3 b$287.9 b$284.5 b$285.9 b$306.8 b$311.3 b$335.7 b$348.2 b

Daily Average Revenue Trades (DARTs)

168.47 k155.47 k165.12 k152.49 k151.91 k164.13 k207.22 k208.21 k

Average Commission per Trade

$10.81$10.86$10.64$10.82$10.97$10.7$9.87$8.02

Managed Products

$3.1 b$3.2 b$3.3 b$3.4 b$3.4 b$3.9 b$4.3 b$4.6 b
Show all operating metrics

E-TRADE Financial Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Trust Company Of AmericaOctober 19, 2017$275 m
OptionsHouseJuly 25, 2016$725 m
Cake FinancialJanuary 13, 2010
BrownCoSeptember 28, 2005$1.6 b
HarrisdirectAugust 07, 2005$700 m
Web StreetMay 21, 2001$45 m
Card Capture ServicesMarch 14, 2000
Telebanc FinancialJanuary 11, 2000

E-TRADE Financial Corporation Market Value History

E-TRADE Financial Corporation Median Salaries

Source: 171 public H-1B filings from E-TRADE Financial Corporation

E-TRADE Financial Corporation's Web-traffic and Trends

E-TRADE Financial Corporation Online and Social Media Presence

E-TRADE Financial Corporation Company Life and Culture

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