E*TRADE Financial Corporation (ETFC)

E*TRADE Financial Corporation, through its subsidiaries, provides online brokerage and related products and services primarily to individual retail investors, under the brand name of E*TRADE Financial worldwide. It offers various brokerage products and services, including automated order placement and execution of the U.S. and international equities, currencies, futures, options, exchange-traded funds, mutual funds, and bonds. The company also provides quick transfer, wireless account access, extended hours trading, quotes, research, and advanced planning tools. Its banking products and services include checking, savings, sweep, money market, and certificates of deposit products. E*TRADE Financial primarily provides its services through its Web site at etrade.com, as well as through its network of customer service representatives, relationship managers, and investment advisors. The company was founded in 1982 and is based in New York, New York.

For the nine months ended 30 September 2006, E*Trade Financial Corporation's revenues increased 55% to $2.79B. Net income from cont. ops. before accounting change increased 40% to $449.9M. Revenues reflect an increase in enterprise interest earning assets and higher commission related revenues. Net income was partially offset by higher compensation & benefits expense, increased clearing & servicing costs and higher facility restructuring expense.