Interactive Brokers Drops 3.42% Despite 21.77% Revenue Surge

Generated by AI AgentAinvest Movers Radar
Thursday, Apr 3, 2025 4:36 am ET1min read
IBKR--

Interactive Brokers Group's stock price dropped by 3.42% in pre-market trading on April 3, 2025.

Interactive Brokers reported a 21.77% year-on-year increase in revenue for the fourth quarter of 2024, indicating robust growth metrics. The company also saw a significant 32% year-over-year increase in client accounts, totaling 3.62 million at the end of March. This growth in client accounts reflects a 2% increase from the previous month.

In addition to the increase in client accounts, Interactive Brokers reported a 44% increase in Daily Average Revenue Trades (DARTs), reaching 3.471 million. Client equity also saw a substantial rise, reaching $573.5 billion, up 23% year-over-year. Margin balances surged by 24% year-over-year, further highlighting the company's strong performance.

Interactive Brokers' revenue for the last reported quarter was $1.42 billion, representing a year-over-year change of +25%. The company's earnings per share (EPS) for the same period were $2.03. These financial metrics underscore the company's strong financial health and growth potential.

Knowing stock market today at a glance

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet