Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) ended Tuesday session in green amid volatile trading. The shares closed up +0.05 points or 0.15% at $34.47 with 1.15 million shares getting traded. Post opening the session at $34.23, the shares hit an intraday low of $33.99 and an intraday high of $34.60 and the price vacillated in this range throughout the day. The company has a market cap of $18.65 billion and the numbers of outstanding shares have been calculated to be 527.00 million shares.
TD Ameritrade Holding Corp. (AMTD) released results for fiscal year 2016. The Company generated record earnings and a record $1.58 per diluted share, driven by strong organic growth.
The Company’s results for the fiscal year ended Sept. 30, 2016 include the following:
Record $1.58 in earnings per diluted share, on net income of $842 million
Net new client assets of about $60 billion, a growth rate of 9 percent
Average client trades per day of about 463,000, up slightly year over year
Record net revenues of $3.3 billion, 57 percent of which were asset-based
Investment product fee revenue of $374 million, up 12 percent year over year
Pre-tax income of $1.3 billion, or 38 percent of net revenues
EBITDA of $1.5 billion, or 45 percent of net revenues
Interest rate-sensitive assets of $119 billion, up 10 percent year over year
Record client assets of about $774 billion, up 16 percent year over year
Shares of Vereit Inc (NYSE:VER) ended Tuesday session in red amid volatile trading. The shares closed down -0.02 points or -0.22% at $9.12 with 5.00 million shares getting traded. Post opening the session at $9.09, the shares hit an intraday low of $9.01 and an intraday high of $9.15 and the price vacillated in this range throughout the day. The company has a market cap of $9.17 billion and the numbers of outstanding shares have been calculated to be 974.18 million shares.
Vereit Inc (VER) is a leading, full-service real estate operating company with investment administration capability. VEREIT owns and actively manages a diversified portfolio of retail, restaurant, office and industrial real estate assets with a total asset book value of $16.1 billion counting 4,213 properties totaling about 96.9 million square feet, located in 49 states, in addition to Puerto Rico and Canada.