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NEW YORK – Interactive Brokers Group, Inc. (NASDAQ:IBKR) reported fourth-quarter earnings and income that surpassed analyst expectations, pushed by larger buying and selling volumes and curiosity revenue. The corporate’s shares rose 1.13% in after-hours buying and selling following the discharge Tuesday.
The automated international digital dealer posted adjusted earnings per share of $2.03, beating the analyst consensus of $1.73 by $0.30. Income for the quarter got here in at $1.39 billion, topping estimates of $1.29 billion.
Fee income jumped 37% YoY to $477 million, fueled by elevated buyer buying and selling exercise. Choices and inventory buying and selling volumes surged 32% and 65% respectively, whereas futures quantity dipped 3%.
Web curiosity revenue grew 11% to $807 million, benefiting from larger buyer margin loans and credit score balances. The corporate’s buyer accounts expanded 30% YoY to three.34 million, whereas buyer fairness rose 33% to $568.2 billion.
Interactive Brokers’ board declared a quarterly money dividend of $0.25 per share, payable on March 14, 2025.
The corporate’s pretax revenue margin improved to 76% on an adjusted foundation, up from 72% within the year-ago quarter. Whole (EPA:TTEF) fairness stood at $16.6 billion at quarter-end.
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