Revenue during the quarter grew 17.16 percent to $553 million from $472 million in the previous year period. Non-interest income for the quarter rose 26.49 percent over the last year period to $234 million.

E TRADE Financial Corporation has made negative provision of $14 million for loan losses during the quarter, compared with a negative provision of $34 million in the same period last year.

"We had an outstanding start to the year, with strong bottom line results fueled by business growth, capital deployment, and a favorable operating environment," said Karl Roessner, chief executive officer. "Amidst a period of extraordinary and intensifying competition, we produced record growth in brokerage assets, and our strongest brokerage account growth in three years well on pace to exceed our 2018 goals. Meanwhile, we continued to put capital to work for shareholders, onboarding deposits and taking advantage of the strong rate environment to outpace our balance sheet growth targets. While immensely gratifying to see the early benefits of our hard work to grow the business, we will not rest on our laurels. Specifically, we will remain steadfast in the integration of OptionsHouse to deliver a blockbuster customer experience, capitalize on our new creative agency to reinvigorate our iconic brand, and keep our team focused on continuing to deliver value for our customers and our shareholders."

Deposits stood at $37,384 million as on Mar. 31, 2017, up 17.45 percent compared with $31,829 million on Mar. 31, 2016.

Investments stood at $36,960 million as on Mar. 31, 2017, up 27.57 percent or $7,987 million from year-ago. Shareholders equity was at $6,444 million as on Mar. 31, 2017.

Tier-1 leverage ratio stood at 7.20 percent for the quarter, down from 7.80 percent for the previous year quarter. Book value per share was $22 for the quarter, up 7.21 percent or $1.48 compared to $20.52 for the same period last year.