eTrade 2000 Annual Report Download - page 39

Results of Operations
Key Performance Indicators
The following sets forth several key indicators which management utilizes in measuring our performance and in explaining the results
of our operations for the comparative fiscal years presented (dollars in thousands except cost per new account and average commission
per domestic transaction):
Percentage Change
Years Ended September 30, 2000
versus
1999
versus
2000 1999 1998 1999 1998
Active domestic brokerage accounts 2,951,946 1,550,634 543,879 90 % 185 %
Active banking accounts 288,073 97,402 50,832 196 % 92 %
Active global and institutional accounts 75,416 16,759 6,955 350 % 141 %
Total active accounts at period end 3,315,435 1,664,795 601,666 99 % 177 %
Net new domestic brokerage accounts 1,401,312 1,006,755 318,150 39 % 216 %
Net new banking accounts 190,671 50,383 29,018 308 % 74 %
Net new global and institutional accounts 58,657 9,804 — 498 % — %
Total net new accounts 1,650,640 1,066,942 347,168 55 % 207 %
Cost per new account $ 263 $ 245 $ 219 7 % 12 %
Total assets in domestic brokerage accounts $ 59,901,277 $ 28,445,369 $ 11,175,291 111 % 155 %
Total deposits in banking accounts 4,630,068 2,095,584 1,142,385 121 % 83 %
Total assets in global and institutional accounts 1,348,672 306,556 — 340 % — %
Total assets/deposits in customer accounts $ 65,880,017 $ 30,847,509 $ 12,317,676 114 % 150 %
Total domestic brokerage transactions 42,315,785 17,257,878 6,960,145 145 % 148 %
Daily average domestic brokerage transactions 167,256 68,484 27,620 144 % 148 %
Average commission per domestic
transaction
$ 15.52 $ 18.35 $ 19.53 (15 )
%
(6 )
%
41
The following table sets forth the components of both gross and net revenues and percentage change information related to certain
items on our Consolidated Statements of Operations for the periods indicated (dollars in thousands):
Percentage Change
Years Ended September 30, 2000 1999
versus versus
2000 1999 1998 1999 1998
Transaction Revenues:
Commissions $ 656,725 $ 316,656 $ 136,265 107 % 132 %
Order flow 82,353 39,174 25,832 110 % 52 %
Total transaction revenues 739,078 355,830 162,097 108 % 120 %
Interest Income:
Brokerage-related 463,590 176,479 86,013 163 % 105 %
Banking-related 496,768 192,595 100,110 158 % 92 %
Total interest income 960,358 369,074 186,123 160 % 98 %
Global and institutional 166,061 124,233 105,851 34 % 17 %
Other 107,686 40,546 28,173 166 % 44 %
2002. EDGAR Online, Inc.