Web Analytics
Interactive Brokers Q4: Earnings Beat Expectations, Customer Accounts And Trading Volume Soar | Deepscope News
MARKET

Select Market Data Region

 January 22, 2025 07:17 PM  finance.yahoo.com Positive

Interactive Brokers Q4: Earnings Beat Expectations, Customer Accounts And Trading Volume Soar

Image

Interactive Brokers Q4: Earnings Beat Expectations, Customer Accounts And Trading Volume Soar

Interactive Brokers Group, Inc. (NASDAQ:IBKR) shares are trading higher premarket on Wednesday after the company reported better-than-expected fourth-quarter results yesterday.

Sales of $1.387 billion exceeded the consensus of $1.335 billion. Commission revenue rose 37% year-over-year to $477 million, led by higher trading volumes. Customer trading volume in options and stocks increased 32% and 65%, respectively, while customer futures volume fell 3% Y/Y.

Net interest income surged 11% to $807 million, aided by average customer margin loans and customer credit balances.

Customer accounts grew 30% to 3.34 million, while customer equity rose 33% to $568.2 billion in the quarter.

Total DARTs increased 61% to 3.12 million. Customer credits were up 15% to $119.7 billion, and customer margin loans increased 45% to $64.2 billion in the quarter.

Adjusted EPS of $2.03 beat the consensus of $1.79.

The currency diversification strategy reduced comprehensive earnings by $266 million, as the U.S. dollar value of the GLOBAL decreased by approximately 1.63%.

The Board of Directors declared a quarterly cash dividend per share of $0.25, payable on March 14, to shareholders of record as of February 28, 2025.

As of December end, cash and equivalents stood at $3.6 billion.

Investors can gain exposure to the stock via WBI BullBear Value 3000 ETF (NYSE:WBIF) and ETF Opportunities Trust Formidable Fortress ETF (NYSE:KONG).

Price Action: IBKR shares are up 4.24% at $201.01 premarket at the last check Wednesday.

Read Next:

Small Caps Soar, Apple Slips, Treasury Yields Fall On Trump Day 2: What’s Driving Markets Tuesday?

Image via Shutterstock.

UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.

Get the latest stock analysis from Benzinga?

INTERACTIVE BROKERS GR (IBKR): Free Stock Analysis Report

This article Interactive Brokers Q4: Earnings Beat Expectations, Customer Accounts And Trading Volume Soar originally appeared on Benzinga.com

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

View Comments

Read original source