A pedestrian passes in front of a TD Ameritrade Holding Corp. location in San Francisco, California.

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Shares of TD Ameritrade climbed more than 4% during extended trade after the company reported better-than-expected earnings for its fourth quarter.

The online brokerage firm posted fourth-quarter earnings of $1.05 per share excluding certain items on revenue of $1.56 billion, exceeding Wall Street’s expectations of 98 cents in earnings per share on revenue of $1.47 billion, according to Refinitiv consensus estimates. The company net interest margin also topped expectations, coming in at 2.27%, versus the 2.17% analysts

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