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E*TRADE Financial Corp (ETFC) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

E*TRADE Financial Corp (ETFC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. E*TRADE Financial Corp is a financial services company. It provides brokerage and related products and services to individual retail investors. It also provides investor-focused banking products and sweep deposits to retail investors. E*TRADE Financial Corp has a market cap of $11.94 billion; its shares were traded at around $48.44 with a P/E ratio of 12.45 and P/S ratio of 4.64. The dividend yield of E*TRADE Financial Corp stocks is 0.59%.


For the last quarter E*TRADE Financial Corp reported a revenue of $735.0 million, compared with the revenue of $637.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.9 billion, an increase of 21.4% from last year. For the last five years E*TRADE Financial Corp had an average revenue growth rate of 12.9% a year.

The reported diluted earnings per share was $3.88 for the year, an increase of 80.5% from previous year. Over the last five years E*TRADE Financial Corp had an EPS growth rate of 58.2% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, E*TRADE Financial Corp has the cash and cash equivalents of $2.3 billion, compared with $931.0 million in the previous year. The long term debt was $1.4 billion, compared with $991.0 million in the previous year. E*TRADE Financial Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $48.44, E*TRADE Financial Corp is traded at 23% premium to its historical median P/S valuation band of $39.37. The P/S ratio of the stock is 4.64, while the historical median P/S ratio is 3.77. The stock lost 5.56% during the past 12 months.

CEO Recent Trades:

  • CEO Karl A Roessner sold 45,724 shares of ETFC stock on 02/12/2019 at the average price of $47.35. The price of the stock has increased by 2.3% since.

Directors and Officers Recent Trades:

  • Director Robert J Chersi bought 2,200 shares of ETFC stock on 01/30/2019 at the average price of $46.24. The price of the stock has increased by 4.76% since.
  • EVP, Institutional Michael John Curcio sold 21,928 shares of ETFC stock on 02/12/2019 at the average price of $47.36. The price of the stock has increased by 2.28% since.

For the complete 20-year historical financial data of ETFC, click here.

This article first appeared on GuruFocus.