E TRADE Financial Corp.

Historically, TD Ameritrade traded at a discount to its peers because of average operating margins. The sector’s valuations fell in the recent past.

The final week of the second quarter might help brokerages, primarily because of higher client participation.

TD Ameritrade’s (AMTD) PE ratio stood at 16.68x on a next 12-month basis, which implies discounted valuations.

E*TRADE Financial Corporation (ETFC) is covered by 16 analysts in February 2018. Of these analysts, nine suggested a “strong buy” and three gave “hold” ratings on ETFC.

tZERO buys 1% stake Overstock (OSTK) has invested $1 million in Kennedy Cabot, which will give it a 1% stake in the brokerage service company. Overstock made the investment through its subsidiary, tZERO. Kennedy Cabot is the parent organization of Siebert Financial (SIEB). It holds a ~90% stake in Siebert. The news offered a massive boost to […]

E*TRADE’s bank offers its clients FDIC insurance on a certain amount of deposits. It deploys funds primarily in low-risk securities.

E*TRADE Financial reported DARTs (daily average revenue trades) of ~151,905 during 3Q16. It included 6,500 DARTs from the OptionsHouse acquisition.

E*TRADE Financial (ETFC) operates the federally chartered savings bank E*TRADE Bank. This structure has been deployed by many major brokers in the US.

E*TRADE Financial reported DARTs (daily average revenue trades) of ~153,000 in 2Q16. The company’s DARTs fell 8% from the previous quarter and rose 2% YoY.

Charles Schwab’s valuations declined significantly over the past month mainly due to macro factors such as China’s slowing economy and a weaker domestic economy.