OMAHA, Neb: TD Ameritrade Holding Corporation announced for the quarter ended Dec. 31, 2014 its net income of $211 million, or $0.39 per diluted share; record net new client assets of $18.8 billion, an annualized growth rate of 11 percent, up 30 percent year-over-year; and average client trades per day of 457,000, an activity rate of 7.2 percent, up 11 percent year-over-year.
TD Ameritrade during the first quarter of fiscal 2015 repurchased 3.7 million shares of its common stock at an average price of $32.39 per share for $118 million. The Company has also declared a $0.15 per share quarterly cash dividend, payable on Feb. 18, 2015 to all holders of record of common stock as of Feb. 4, 2015.
Fred Tomczyk, president and chief executive officer, said, “We’re off to a great start for 2015 as we delivered our best asset-gathering quarter in company history adding $18.8 billion in net new assets, up 30 percent year-over-year. We continue to see strong asset gathering in both the retail and institutional channels. Trading was at strong levels due to market volatility and investors continue to increase their usage of options, futures and mobile technology.”
