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