We expect the brokerage’s 2018 revenue and EPS to grow by 13% and over 50%, respectively, and Q1 results will likely be along the same lines. The Fed’s interest rate hikes in 2017 led E-Trade’s interest earning assets to grow by 23% in the year. Consequently, revenues from this segment, which contribute around 56% of the company’s overall revenues, are likely to increase significantly. TrefisOur price estimate for E-Trade’s stock stands at $53, which is slightly below the market price. Trading commissions account for nearly a quarter of E-Trade’s overall revenues.

Source: Forbes April 18, 2018 15:11 UTC