X
<

Analyzing E*TRADE Financial’s Performance in 1H17

PART:
1 2 3 4 5 6
Part 4
Analyzing E*TRADE Financial’s Performance in 1H17 PART 4 OF 6

Behind E*TRADE’s Assets and Liabilities

Rise in assets

E*TRADE Financial Corporation (ETFC) had total assets of $58.7 billion on June 30, 2017, a 20% increase from its total assets balance on December 31, 2016. This substantial increase resulted mostly from an increase in securities. 

On June 30, 2017, the company reported securities of ~$40.4 billion compared to $29.6 billion on December 31, 2016, for a 36% increase. This increase in the securities balance was primarily due to purchases made.

Behind E*TRADE’s Assets and Liabilities

Interested in ETFC? Don't miss the next report.

Receive e-mail alerts for new research on ETFC

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

E*TRADE Financial reported margin receivables of ~$7.8 billion on June 30, 2017, compared to ~$6.7 billion on December 31, 2016, implying a 15% increase. This increase was mostly due to favorable market sentiments.

E*TRADE Financial generated an ~1.3% return on invested capital over the last 12 months (or LTM). Its peers (XLF) Goldman Sachs Group (GS), LPL Financial Holdings (LPLA), and Lazard Limited (LAZ) generated returns of ~1.4%, ~8.8%, and ~16.2%, respectively, on their invested capital on an LTM basis.

Liabilities

E*TRADE Financial reported total liabilities (excluding shareholders’ equity) of ~$52.1 billion on June 30, 2017, compared to ~$42.7 billion on December 31, 2016, reflecting an increase of 22%. 

E*TRADE reported deposits of ~$40.1 billion on June 30, 2017, compared to ~$31.7 billion on December 31, 2016, reflecting a 26% rise. This increase in deposits resulted from a transfer of customer cash to the company’s balance sheet from third parties.

X

Please select a profession that best describes you: