On the Record · E Trade Financial

E Trade Financial acquisitions, on the record

The businesses E Trade Financial bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Trust Company of America (TCA) Word for word“In October 2017, we announced an agreement to acquire TCA for $275 million in cash.” 10-K for 2017	agreed acquisition	—	$275 million in cash
approximately one million retail brokerage accounts from Capital One Financial Corporation (Capital One) Word for word“In January 2018, we announced an agreement to acquire approximately one million retail brokerage accounts with $18 billion in customer assets from Capital One for a cash purchase price of up to $170 million.” 10-K for 2017	agreed acquisition	—	up to $170 million
OptionsHouse Word for word“In August 2017, we completed the integration of OptionsHouse, which was acquired by the Company in 2016.” 10-K for 2017	acquisition	—	—
TCA Word for word“On April 9, 2018, we completed the acquisition of TCA for a cash purchase price of $275 million.” 10-K for 2018	acquisition	April 9, 2018	$275 million
retail brokerage accounts from Capital One Word for word“In November 2018, we completed the acquisition of approximately one million retail brokerage accounts with $15.1 billion in customer assets from Capital One for a cash purchase price of $109 million.” 10-K for 2018	acquisition	November 2018	$109 million
Gradifi, Inc. (Gradifi) Word for word“On December 9, 2019, the Company completed its acquisition of Gradifi, a student loan benefit and financial wellness provider, for a purchase price of $30 million.” 10-K for 2019	acquisition	On December 9, 2019	$30 million
retail brokerage accounts from Capital One Financial Corporation (Capital One) Word for word“We completed the acquisition of Gradifi in the fourth quarter of 2019, the acquisition of retail brokerage accounts from Capital One Financial Corporation (Capital One) in the fourth quarter of 2018, and the acquisition of Trust Company of America (TCA) in the second quarter of 2018.” 10-K for 2019	acquisition	the fourth quarter of 2018	—
consumer loan portfolio Word for word“Loans receivable, net decreased 24% to $1.6 billion during the year ended December 31, 2019 on continued paydowns and the sale of our consumer loan portfolio in December 2019.” 10-K for 2019	divestiture	December 2019	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	$723 million	$578 million
2017-12-31	$0	—
2018-12-31	$150 million	$115 million
2019-12-31	$29 million	—

Deal filings since 2016

2020-10-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2020-02-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-06-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from E Trade Financial’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.