Q4 business brisk at TD Ameritrade

Commissions and transaction fees of $328M up 27.6% Y/Y. Net interest revenue of $127M up 9.5%.

Total operating expenses of $445M up 8.5%.

Net new assets of $14.5B is a 10% annualized growth rate. Average client trades per day of 413.7K is up from 334K a year ago.

CC at 8:30 ET

AMTD no trades premarket

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