OMAHA, Nebraska — Online brokerage TD Ameritrade will release its fiscal first-quarter earnings report Wednesday morning.
This will be the first TD Ameritrade report since the Federal Reserve approved the first short-term interest rate increase since 2006.
As interest rates increase over time, TD Ameritrade will benefit because it generates some revenue from asset-based fees it charges customers.
The company may have also received a boost from the recent volatility, which tends to boost trading activity.
Analysts surveyed by FactSet are expecting TD Ameritrade to report earnings per share of 36 cents on $811.2 million revenue.