TD Ameritrade Holding Corporation AMTD Income Statement

Td ameritrade holding corporation (AMTD)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Jun'09
Revenues:
Bank deposit account fees
1,757	1,743	1,717	1,671	1,637	1,588	1,541	1,456	1,355	1,243	1,107	1,030	978	944	926	914	889	859	839	829	822	819	820	812	809	807	804	812	819	828	828	820	811	789	763	739	722	705	682	630	0	0	0
Asset-based revenues:
Interest revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	473	471	463	456	464	476	491	497	484	464	443	428	416	0	0	0
Brokerage interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	7	7	6	6	6	5	5	5	11	11	9	6	-4	0	0	0
Net interest revenue
1,486	1,516	1,533	1,477	1,426	1,372	1,272	1,126	969	815	690	631	599	592	595	600	613	615	622	625	618	615	581	541	512	480	469	466	464	457	450	457	470	485	492	479	459	438	422	409	0	0	0
Investment product fees
595	588	586	574	563	567	557	528	500	462	423	407	391	376	374	357	346	343	334	336	330	320	309	293	279	266	250	235	224	208	196	184	174	169	166	161	150	140	129	132	0	0	0
Total asset-based revenues
3,838	3,847	3,836	3,722	3,626	3,527	3,370	3,110	2,824	2,520	2,220	2,068	1,968	1,912	1,895	1,871	1,848	1,817	1,795	1,790	1,770	1,754	1,710	1,646	1,600	1,553	1,523	1,513	1,507	1,493	1,474	1,462	1,456	1,444	1,421	1,380	1,332	1,283	1,233	1,171	0	0	0
Transaction-based revenues:
Transaction fees and commissions
1,764	1,770	2,002	1,984	1,997	2,066	1,969	1,815	1,660	1,469	1,384	1,392	1,404	1,399	1,372	1,399	1,380	1,370	1,401	1,369	1,358	1,382	1,351	1,325	1,329	1,242	1,171	1,121	1,066	1,071	1,087	1,146	1,161	1,208	1,228	1,162	1,214	1,177	1,194	1,282	0	0	0
Other revenues
218	174	178	150	124	118	113	111	101	85	72	65	60	63	60	57	55	53	51	53	53	54	62	65	69	70	70	69	72	75	80	87	95	107	114	124	127	130	133	111	0	0	0
Net revenues
5,820	5,791	6,016	5,856	5,747	5,711	5,452	5,036	4,585	4,074	3,676	3,525	3,432	3,374	3,327	3,327	3,283	3,240	3,247	3,212	3,181	3,190	3,123	3,036	2,998	2,865	2,764	2,703	2,645	2,639	2,641	2,696	2,714	2,759	2,763	2,667	2,674	2,591	2,560	2,565	0	0	0
Operating expenses:
Employee compensation and benefits
1,373	1,336	1,322	1,309	1,336	1,457	1,555	1,513	1,395	1,163	962	898	873	852	839	816	809	809	807	804	791	776	760	735	722	707	692	689	689	685	690	697	689	685	675	654	642	637	622	595	0	0	0
Clearing and execution costs
232	210	209	201	188	191	189	187	179	160	149	145	142	142	136	142	143	143	148	143	142	139	134	127	122	115	109	104	96	93	89	94	95	96	100	93	92	91	90	84	0	0	0
Communications
151	151	155	157	160	168	179	174	166	149	131	137	136	140	137	131	129	126	125	123	121	119	116	113	112	113	113	112	113	111	111	109	107	108	107	112	112	109	107	97	0	0	0
Occupancy and equipment costs
264	264	267	276	276	290	302	274	251	217	181	175	174	172	171	172	169	165	163	160	159	160	156	155	158	158	160	160	154	151	150	148	148	144	142	143	142	143	143	134	0	0	0
Depreciation and amortization
162	155	148	145	144	143	142	134	122	112	102	99	97	94	92	89	89	90	91	92	93	94	95	96	94	90	86	81	77	75	72	70	69	67	67	65	62	59	57	52	0	0	0
Amortization of acquired intangible assets
123	124	125	127	128	134	141	129	116	98	79	77	80	83	86	89	89	89	90	90	90	90	90	90	91	91	91	91	91	92	92	93	94	95	97	97	98	99	100	93	0	0	0
Professional services
312	317	294	292	291	303	303	311	308	281	260	236	216	194	178	159	155	159	159	159	158	154	155	159	153	149	145	142	146	157	168	175	178	174	170	158	147	138	132	141	0	0	0
Advertising
333	320	298	288	271	287	293	276	271	261	254	254	254	255	260	249	245	246	248	245	239	251	250	260	268	250	239	241	235	243	248	239	238	235	253	265	269	259	250	229	0	0	0
Gains on money market funds and client guarantees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0
Other
218	188	197	205	186	280	350	314	290	184	92	115	117	114	110	86	84	89	91	92	93	85	82	75	70	70	73	74	79	85	87	98	115	109	104	102	103	107	107	89	0	0	0
Total operating expenses
3,168	3,065	3,015	3,000	2,980	3,253	3,454	3,312	3,098	2,625	2,210	2,136	2,089	2,046	2,009	1,933	1,912	1,916	1,922	1,908	1,886	1,868	1,838	1,810	1,790	1,743	1,708	1,694	1,680	1,692	1,707	1,727	1,736	1,717	1,715	1,690	1,660	1,632	1,595	1,507	0	0	0
Operating income
2,652	2,726	3,001	2,856	2,767	2,458	1,998	1,724	1,487	1,449	1,466	1,389	1,343	1,328	1,318	1,394	1,371	1,324	1,325	1,304	1,295	1,322	1,285	1,226	1,208	1,122	1,056	1,009	965	947	934	969	977	1,041	1,048	976	1,014	958	965	1,058	0	0	0
Other expense (income):
Interest on borrowings
138	144	144	133	124	111	99	95	87	77	71	62	56	55	53	51	50	46	43	38	31	28	25	25	25	25	25	25	26	27	28	27	27	28	32	36	40	44	45	42	0	0	0
Gain (Loss) on Disposition of Assets
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense (income), net
-1	0	12	15	15	15	-1	-4	-3	-3	-1	0	0	0	-	-	-	-	1	1	1	1	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt refinancing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	8	0	0	0	0
Loss on sale of investments
-	-	-	0	-	-	-11	-11	-11	-11	0	0	0	0	-	-	-	-	-	0	-	-	-	0	-	-	57	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0
Total other expense, net
-79	-84	-72	-58	-109	-96	-111	-108	-101	-91	-72	-63	-56	-55	-53	-51	-43	-39	-37	-22	-22	-19	-15	24	30	30	32	-17	-24	-25	-28	-29	0	0	-	0	-	-	-53	-30	0	0	0
Pre-tax income
2,573	2,642	2,929	2,798	2,658	2,362	1,887	1,616	1,386	1,358	1,394	1,326	1,287	1,273	1,265	1,343	1,328	1,285	1,288	1,282	1,273	1,303	1,270	1,250	1,238	1,152	1,088	992	941	922	906	944	951	1,014	1,017	938	973	914	912	1,005	0	0	0
Provision for income taxes
643	659	721	686	650	582	414	386	376	405	522	480	432	427	423	470	498	471	475	474	472	497	483	474	468	432	413	374	353	341	320	337	341	369	379	351	363	314	320	356	0	0	0
Net Income (Loss) Attributable to Parent
1,930	1,983	2,208	2,112	2,008	1,780	1,473	1,230	1,010	953	872	846	855	846	842	873	830	814	813	808	801	806	787	776	770	720	675	618	588	581	586	606	610	644	638	587	609	600	592	648	0	0	0
Earnings per share - basic (in USD per share)
0.82	0.70	1.01	1.01	0.89	1.07	0.81	0.79	0.48	0.52	0.39	0.44	0.41	0.41	0.37	0.45	0.38	0.39	0.40	0.36	0.35	0.39	0.39	0.34	0.35	0.35	0.37	0.33	0.26	0.27	0.26	0.28	0.25	0.28	0.29	0.28	0.30	0.25	0.19	0.31	0.28	0.23	0.30
Earnings per share - diluted (in USD per share)
0.82	0.70	1.00	1.00	0.89	1.07	0.80	0.79	0.48	0.52	0.39	0.44	0.40	0.41	0.36	0.45	0.38	0.39	0.39	0.36	0.35	0.39	0.38	0.34	0.35	0.35	0.36	0.33	0.26	0.27	0.26	0.28	0.25	0.27	0.29	0.27	0.30	0.25	0.20	0.30	0.27	0.23	0.30
Weighted average shares outstanding - basic (in shares)
541	541	546	552	560	562	566	568	567	567	533	528	528	527	525	529	533	537	540	544	544	544	547	551	551	551	551	550	549	546	545	548	549	550	560	570	573	575	575	587	589	587	563
Weighted average shares outstanding - diluted (in shares)
543	543	548	554	562	564	567	570	570	569	534	530	530	530	530	531	535	540	546	547	547	548	550	555	556	555	557	554	554	551	554	553	554	555	566	576	579	581	582	593	596	595	571
Dividends declared per share (in USD per share)
-	-	-	-	-	-	-	-	0.21	0.21	-	0.18	0.18	0.18	0.17	0.17	0.17	0.17	0.15	0.15	0.15	0.15	0.12	0.12	0.12	0.62	0.09	0.09	0.09	0.59	0.06	0.06	0.06	0.06	0.05	0.05	0.05	0.05	-	-	-	-	-