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The brokerage reported first-quarter profit of $152 million, or 27 cents a share, on Jan. 17, an increase from $145 million, or 25 cents, last year.
"Revenues were a bit weaker due to a seasonal retrenchment in retail trading and the continued impact of near-zero interest rates; expenses were also a touch higher than we forecast," Credit Suisse analysts wrote in a report about TD Ameritrade's earnings. "On a more positive note, net new asset gathering was once again strong and share repurchase activity continues to pace well ahead of our expectations (over 1% of the company during the quarter alone)."
Forward Annual Dividend Yield: 1.4%
Rated "B- (Buy)" by TheStreet Ratings: The company's first-quarter gross profit margin was about the same as a year ago.
In the first quarter, stockholders' net worth increased 2.95% from the previous year.
TheStreet Ratings' price target is
$19.38. The stock closed Thursday at $16.37.