Interactive Brokers posts strong Q4 results, shares edge higher

  • January 21, 2025

NEW YORK - Interactive Brokers Group, Inc. (NASDAQ: IBKR ) reported fourth-quarter earnings and revenue that surpassed analyst expectations, driven by higher trading volumes and interest income. The company's shares rose 1.13% in after-hours trading following the release Tuesday.

The automated global electronic broker posted adjusted earnings per share of $2.03, beating the analyst consensus of $1.73 by $0.30. Revenue for the quarter came in at $1.39 billion, topping estimates of $1.29 billion.

Commission revenue jumped 37% YoY to $477 million, fueled by increased customer trading activity. Options and stock trading volumes surged 32% and 65% respectively, while futures volume dipped 3%.

Net interest income grew 11% to $807 million, benefiting from higher customer margin loans and credit balances. The company's customer accounts expanded 30% YoY to 3.34 million, while customer equity rose 33% to $568.2 billion.

Interactive Brokers' board declared a quarterly cash dividend of $0.25 per share, payable on March 14, 2025.

The company's pretax profit margin improved to 76% on an adjusted basis, up from 72% in the year-ago quarter. Total (EPA: TTEF ) equity stood at $16.6 billion at quarter-end.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.