E*TRADE Financial Corporation announced unaudited consolidated earnings results for fourth quarter and full year ended December 31, 2015. For the quarter, the company reported total net revenue of $454 million, income before other income (expense) and income tax expense of $172 million, income before income tax expense of $157 million, net income of $89 million or $0.3 per diluted share, adjusted EBITDA of $197 million, book value per share of $19.9, adjusted net income of $344 million or $1.17 per diluted share compared to the total net revenue of $461 million, income before other income (expense) and income tax expense of $157 million, income before income tax expense of $71 million, net income of $41 million or $0.14 per diluted share, adjusted EBITDA of $122 million, book value per share of $18.58 for the same quarter a year ago.

For the year, the company reported total net revenue of $1,428 million, income before other income (expense) and income tax expense of $261 million, income before income tax expense of $91 million, net income of $268 million or $0.91 per diluted share, adjusted net income of $330 million or $1.12 per diluted share compared to the total net revenue of $1,814 million, income before other income (expense) and income tax expense of $633 million, income before income tax expense of $452 million, net income of $293 million or $1 per diluted share, for the previous year.