E*TRADE Financial's CEO Discusses Q1 2012 Results - Earnings Call Transcript

E*TRADE Financial (ETFC)

Q1 2012 Earnings Call

April 19, 2012 5:00 pm ET

Executives

Steven J. Freiberg - Chief Executive Officer, Director and Member of Finance & Risk Oversight Committee

Matthew J. Audette - Chief Financial Officer, Executive Vice President and Controller

Analysts

Richard H. Repetto - Sandler O'Neill + Partners, L.P., Research Division

Michael Carrier - Deutsche Bank AG, Research Division

Christopher J. Allen - Evercore Partners Inc., Research Division

Alexander Blostein - Goldman Sachs Group Inc., Research Division

Christopher Harris - Wells Fargo Securities, LLC, Research Division

Howard Chen - Crédit Suisse AG, Research Division

Joel Jeffrey - Keefe, Bruyette, & Woods, Inc., Research Division

Keith Murray - Nomura Securities Co. Ltd., Research Division

Brian Bedell - ISI Group Inc., Research Division

Presentation

Operator

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Good afternoon, and thank you for joining us for E*TRADE Financial's First Quarter 2012 Conference Call. Joining me today are Steven Freiberg, E*TRADE's Chief Executive Officer; Matt Audette, Chief Financial Officer; and other members of E*TRADE's management team.

Before turning the call over to Steve, I'd like to remind everyone that during this conference call, the Company will be sharing with you certain projections or other forward-looking statements regarding future events or its future performance. E*TRADE Financial cautions you that certain factors, including risks and uncertainties referred to in the 10-Ks and 10-Qs and other documents E*TRADE files with the Securities and Exchange Commission could cause the Company's actual results to differ materially from those indicated by its projections or forward-looking statements.

This call will present information as of April 19, 2012.

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