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. The Company empowers 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. E*Trade provides these services to customers both online and through their network of customer service representatives and financial consultants - over the phone and in person.
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

Key People/Management at E-TRADE Financial Corporation

Karl Roessner

Karl Roessner

Chief Executive Officer
Michael Pizzi

Michael Pizzi

Chief Financial Officer
Lea Stendahl

Lea Stendahl

Chief Marketing Officer
Lori Sher

Lori Sher

General Counsel
Michael Curcio

Michael Curcio

Chief Brokerage Officer
Glory DeSimone

Glory DeSimone

Chief Human Resources Officer
Brett Goodman

Brett Goodman

Chief Communications Officer
Lance Braunstein

Lance Braunstein

Chief Information Officer
Paul Brandow

Paul Brandow

Chief Risk Officer

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 $2.4 b in FY, 2017
USD

Revenue (FY, 2017)

2.4 b

Net income (FY, 2017)

614 m

EBIT (FY, 2017)

1.5 b

Market capitalization (16-Feb-2018)

14.2 b

Cash (31-Dec-2017)

931 m
E-TRADE Financial Corporation's current market capitalization is $14.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.7 b1.8 b1.4 b1.9 b2.4 b

Revenue growth, %

5%(21%)36%

Sales and marketing expense

501 m546 m

General and administrative expense

98 m116 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, 2016FY, 2017

Cash

1.8 b1.8 b2.2 b2 b931 m

Accounts Receivable

2.6 b

PP&E

237.2 m245 m236 m239 m253 m

Goodwill

1.8 b1.8 b1.8 b2.4 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, 2016FY, 2017

    Net Income

    86 m293 m268 m552 m614 m

    Depreciation and Amortization

    89.1 m78 m81 m79 m262 m

    Cash From Operating Activities

    1.1 b701 m832 m1.6 b1.1 b

    Capital Expenditures

    (46.6 m)(87 m)(70 m)(75 m)(102 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

      657.2 k

      Financial Leverage

      9.1 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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