ETFC E Trade Financial Dashboard

Risks

• Changes in business, economic, or political conditions could impact trading volumes, margin lending and sweep deposits, resulting in lower revenues.
• We may be unsuccessful in managing the effects of changes in interest rates on our business.
• We rely heavily on technology, which can be subject to interruption and instability due to operational and technological failures, both internal and external.
• We rely on third parties to perform certain key functions, and their failure to perform those functions could result in the interruption of our operations and systems and could result in significant costs and reputational damage to us.
• Unauthorized disclosure, use, modification or misappropriation of our data may subject us to significant liability and reputational harm as well as reduced revenues and increased costs.
• We conduct all of our operations through subsidiaries and rely on dividends from our subsidiaries for a substantial amount of our cash flows.
• We operate in a highly competitive industry where many of our competitors have greater resources and may have product suites that may appeal to our current or potential customers.
• Our business could be adversely affected due to risks related to our mergers and acquisitions and the subsequent business integrations.
• Our risk management practices may leave us exposed to unidentified or unanticipated risk.
• Providing investment advice and recommendations subjects us to additional risks.
• We may suffer losses due to credit risk associated with margin lending, securities lending transactions, our investment and mortgage loan portfolios or other financial transactions.
• We face competition in hiring and retaining qualified employees.
• Our corporate debt may restrict how we conduct our business and failure to comply with the terms of our corporate debt could adversely affect our financial condition and results of operations.
• We are subject to extensive government regulation, including banking and securities rules and regulations, which could restrict our business practices.
• If we fail to comply with applicable securities and banking laws, rules and regulations, either domestically or internationally, we could be subject to disciplinary actions, litigation, investigations, damages, penalties or restrictions that could significantly harm our business.
• If we do not maintain the capital and liquidity levels required by regulators, we may be fined or subject to other disciplinary or corrective actions.
• As a savings and loan holding company, we are subject to activity limitations and requirements that could restrict our ability to engage in certain activities and take advantage of certain business opportunities.
• Our collection, use, storage, disclosure, transfer and other processing of personal information could give rise to significant costs and liabilities, including as a result of governmental regulation, conflicting legal requirements or differing views of personal privacy rights, which may have a material and adverse impact on our business, financial condition and results of operations.
• The value of our common stock may be diluted if we need additional funds in the future and is subject to the liquidation preference of our preferred stock.
• Our future ability to pay cash dividends to holders of our common stock is subject to the discretion of our board of directors and will be limited by our ability to generate sufficient earnings and cash flows.
• The market price of our common stock may continue to be volatile.
• We have provisions in our organizational documents that may discourage takeover attempts.