Friday, May 6, 2011

E-Trade Quarterly Results Show Broad-Based Gains

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EtradeE-Trade recently released its results for the first quarter of 2011. The company ended the quarter on a high note, with improvements across its divisions: growth in its brokerage income, an increase in both interest and non-interest revenue, a reduction in provisions for loan losses, and tighter expense management. E-Trade (ETFC) competes with firms like Charles Schwab, (SCHW) Ameritrade (AMTD), Wells Fargo (WFC) and Bank of America (BAC).

We have a $16.88 price estimate for E-Trade stock,...

E-Trade Quarterly Results Show Broad-Based Gains originally appeared on DailyFinance.com on 2011-05-06T07:30:00Z.

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