E*TRADE Financial Corporation Announces First Quarter 2017 Results

E*Trade Financial Corporation press release ------- E*TRADE Financial Corporation (NASDAQ: ETFC) today announced results for its first quarter ended March 31, 2017, reporting net income of $145 million and $0.48 diluted earnings per common share. This compares to net income of $153 million, or $0.53 diluted earnings per common share, in the first quarter of 2016 which included an income tax benefit related to the release of valuation allowances. Total net revenue of $553 million increased from net revenue of $472 million in the first quarter of 2016. Total non-interest expense in the quarter was $342 million compared to $312 million in the year-ago period. To learn more click on the picture below to read the release.