How Has E-Trade’s Revenue & EBITDA Changed In The Last Five Years?
E-Trade’s revenue declined by 31% over the last five years, mainly due to the low interest rate environment and losses on loans and securities. However, the 41% decline in its operating expenses outpaced the decline in revenue, owing to a significant decline in provisions for loan losses. The fall in loss provisions was a result of the brokerage’s efforts to cut down the leverage it had built on its balance sheet during the crisis. Consequently, the company’s EBITDA increased 33% during the period despite the fall in revenues.
Have more questions about E-Trade Financial? See the links below:
- What’s E-Trade’s Revenue And EBITDA Breakdown In Terms Of Different Operating Segments?
- How Has E-Trade’s Revenue Composition Changed Over The Past 5 Years?
- What Is E-Trade’s Fundamental Value Based On Expected 2016 Results?
- How did E-Trade’s EBITDA Decline Outpace Revenue Decline In 2015?
Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for E-Trade
View Interactive Institutional Research (Powered by Trefis):
Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap