E*TRADE Financial Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported interest income of $439 million against $310 million a year ago. Net interest income was $419 million against $288 million a year ago. Total net revenue was $637 million against $509 million a year ago. Income before income tax expense was $299 million against $205 million a year ago. Net income was $129 million against $127 million a year ago. Net income available to common shareholders was $129 million or $0.48 per basic and diluted share against $127 million or $0.46 per basic and diluted share a year ago. Adjusted income before income tax expense was $273 million against $187 million a year ago. Tangible common equity book value per share was $14.96 against $13.71 a year ago. The company recognized $58 million of additional income tax expense in the fourth quarter, due to the federal tax reform enacted on December 22, 2017. This was the result of the reduction in the value of the company's net deferred tax assets, which ended the year at $251 million. For the year, the company reported interest income of $1,571 million against $1,233 million a year ago. Net interest income was $1,485 million against $1,148 million a year ago. Total net revenue was $2,366 million against $1,941 million a year ago. Income before income tax expense was $1,064 million against $838 million a year ago. Net income was $614 million against $552 million a year ago. Net income available to common shareholders was $589 million or $2.15 per diluted share against $552 million or $1.98 per diluted share a year ago. Adjusted income before income tax expense was $954 million against $689 million a year ago.