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Continued growth in trading, asset gathering boosts TD Ameritrade's fiscal Q3 net revenues

Jul 22, 2015 - SNL Financial

TD Ameritrade Holding Corp. on July 21 reported net income for the third fiscal quarter of $197 million, or 36 cents per share, compared with $190 million, or 34 cents per share, a year ago.

The FactSet consensus EPS estimate for the quarter was 36 cents.

Net revenues for the quarter rose to $794 million from $763 million year over year. TD Ameritrade Executive Vice President and CFO Bill Gerber attributed the increase to continued growth in trading and asset gathering. Commissions a...