TD Ameritrade 2018 Annual Report

v In our first full year with the addition of Scottrade results, we surpassed many of our financial expectations and have plans in place to keep the momentum going. Favorable market conditions and sustained client engagement drove strong trading activity, with average trades per day up nearly 60 percent from 2017 . We saw strong growth coming from all advisor sources in our Institutional channel, and it was a strong year for new Retail business, as we topped 1 million new accounts for the first time in history. As a result, net new client assets were a record $92 billion, up 15 percent from the prior year. A combination of business, environmental, and industry factors contributed to a record 48 percent increase in net revenues, including solid organic growth and investor engagement, rising interest rates, corporate tax cuts, and, of course, our successful Scottrade client conversion. Our competitive position is strong, and we have good momentum heading into the new year. We’re already working toward ambitious, yet realistic goals, focused on organic growth and building a best-in-class client experience that we expect will drive our results in the coming year. Our financial highlights include: 811,000 Average Client Trades Per Day (up 59% YOY ) $2.59 GAAP Diluted EPS (up 58% YOY ) $1.3 trillion Total Client Assets (up 16% YOY ) $3.34 Non- GAAP Diluted EPS (1) (up 82% YOY ) $477million Paid in Cash Dividends $255million Share Repurchases $92 billion Net New Client Assets (up 15% YOY ) 35% Pre-Tax Margin The story of 2018 was a good one to say the least. Financials to high-five about. Financials (1) See reconciliation of non- GAAP financial measures on page 113 .