TD Ameritrade 2Q profit slips 3 percent as trading slows

April 21, 2015 12:32 PM

58 0

Online brokerage TD Ameritrade's quarterly profit slipped nearly 3 percent as trading activity slowed and expenses crept higher.

TD Ameritrade said Tuesday it earned $189 million, or 35 cents per share, in its fiscal second quarter. That's down from $194 million, or 35 cents per share, a year ago when the company had more shares outstanding.

Also read: RBC: Apple is beefing up its music service as it continues to battle Spotify (AAPL)

Read more

To category page