e*trade financial corp (ETFC) Key Developments
E*Trade Financial Corporation Appoints Brent B. Simonich as Principal Accounting Officer, Effective June 16, 2015
Jun 4 15
On May 31, 2015, the Board of Directors of E*TRADE Financial Corporation appointed Brent B. Simonich, age 44, as the company's principal accounting officer, effective June 16, 2015. Mr. Simonich is currently the company's controller and will remain in that position.
E*TRADE Financial Corporation Announces Executive Changes
Jun 1 15
E*TRADE Financial Corporation announced that Chief Financial Officer Matthew J. Audette advised the company of his decision to leave to accept a role with another company. After 16 years of service, Mr. Audette will leave the company at the end of July. Current Chief Risk Officer and E*TRADE veteran Michael A. Pizzi will assume the Chief Financial Officer role, effective June 16, 2015. Paul W. Brandow, former Chief Risk Officer and current Senior Advisor to the Company, will assume the role of Acting Chief Risk Officer to assure a smooth transition as the Company conducts a search for a permanent replacement.
E*TRADE Financial Corporation Presents at Sandler O'Neill + Partners, L.P. Global Exchange And Brokerage Conference, Jun-03-2015 08:00 AM
May 16 15
E*TRADE Financial Corporation Presents at Sandler O'Neill + Partners, L.P. Global Exchange And Brokerage Conference, Jun-03-2015 08:00 AM. Venue: Le Parker Meridien New York, New York, New York, United States. Speakers: Paul Thomas Idzik, Chief Executive Officer, Director and President of E*Trade Bank.
E*TRADE Financial Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Net Charge-Offs for the First Quarter Ended March 31, 2015
Apr 23 15
E*TRADE Financial Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. Net operating interest income for the first quarter was $271 million, up from $263 million a year ago. Total net revenue was $456 million against $475 million last year. Income before other income and income tax expense was $151 million against $181 million last year. Income before income tax expense was $63 million against $144 million last year. The company reported net income of $40 million, or $0.14 per basic and diluted share, compared to $97 million, or $0.33 per diluted share last year. Excluding pre-tax losses on early extinguishment of corporate debt of $73 million in the first quarter of 2015 and $59 million in the prior quarter, net income would have been $85 million, or $0.29 per diluted share. Book value per share was $18.81 against $17.44 at March 31, 2014. Tangible book value per share was $13.38 against $11.76 at March 31, 2014. EBITDA was $109 million against $198 million last year.
Net charge-offs in the quarter were $7 million, flat with the prior quarter.
E*TRADE Financial Corporation to Report Q1, 2015 Results on Apr 23, 2015
Apr 9 15
E*TRADE Financial Corporation announced that they will report Q1, 2015 results at 5:00 PM, US Eastern Standard Time on Apr 23, 2015