TD Ameritrade Tuesday reported that it attracted a record $34 billion in new assets in fiscal 2010 ended Sept. 30, an 11% increase from assets held at the beginning of the year.
Net revenues totaled $2.6 billion, 48% of which were asset based, and net income was $592 billion, bringing diluted earnings per share to $1. TD Ameritrade also introduced a dividend of 5 cents a share in the third quarter. Average client trades per day in the year were 372,000.
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