eTrade 2007 Annual Report Download - page 24
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(Dollars in billions, except per trade amounts):
At or For the Year Ended December 31, Variance
2007 2006 2005 2004 2003 2007 vs. 2006
Key Measures:
Retail client assets(1) $ 190.0 $ 194.9 $ 177.9 $ 100.0 $ 82.9 (3)%
Customer cash and deposits(1) $ 33.6 $ 33.6 $ 28.2 $ 18.7 $ 19.0 0 %
Total daily average revenue trades 187,022 159,348 97,740 83,643 77,052 17 %
Average commission per trade $ 11.71 $ 12.05 $ 13.82 $ 15.63 $ 16.41 (3)%
Enterprise net interest spread (basis points)(2) 263 285 249 229 N/A (8)%
Enterprise interest-earning assets, average(2) $ 57.0 $ 45.4 $ 32.4 $ 26.2 N/A 26 %
Total employees (period end) 3,757 4,126 3,439 3,320 3,455 (9)%
(1) Customer cash and deposits, as well as retail client assets, have been re-presented to account for a methodology change in the metric to
settlement date from trade date reporting as of December 31, 2005 which reduced both metrics by $0.6 billion. This is not a methodology
change in accounting policy and does not impact the reporting of these items in our balance sheet.
(2) The enterprise net interest spread and enterprise interest-earning assets, average for 2003 are not presented as the information was not
tracked on an enterprise level for that year.
The selected consolidated financial data should be read in conjunction with Item 7. Management’s
Discussion and Analysis of Financial Condition and Results of Operations and Item 8. Financial Statements and
Supplementary Data.
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