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TD Ameritrade Q4 Profit Up
October 27, 2011
TD Ameritrade Q4 earnings summary:
Profit Jumps: TD Ameritrade Holding Corp. posted a 44 percent jump in fiscal fourth-quarter profit to $163.7 million, or 29 cents per share.
Heavy Trading: Average client trades per day neared 416,000 as the market whipsawed.
Assets Rise: Client assets ended the fiscal year at $413.7 billion, up 28 percent from last year. Total funded accounts rose to 5.6 million, a net gain of 162,000 for the year.
[AP, 10/25/11]
Profit Jumps: TD Ameritrade Holding Corp. posted a 44 percent jump in fiscal fourth-quarter profit to $163.7 million, or 29 cents per share.
Heavy Trading: Average client trades per day neared 416,000 as the market whipsawed.
Assets Rise: Client assets ended the fiscal year at $413.7 billion, up 28 percent from last year. Total funded accounts rose to 5.6 million, a net gain of 162,000 for the year.
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