Interactive Brokers Group (IBKR) saw its stock surge 7.35% on Wednesday, January 22, 2025, after reporting impressive fourth-quarter 2024 financial results driven by record trading activity and customer growth.

The electronic brokerage firm posted adjusted earnings per share of $2.03, surpassing analysts' expectations of $1.84 and representing a 33.6% increase from the prior-year period. Revenues soared 23.9% year-over-year to $1.42 billion, fueled by robust growth across multiple business segments.

Highlights of Interactive Brokers' Q4 performance include:

• Commission revenue jumped 37% to $477 million, driven by a 32% rise in options trading volume and a 65% surge in stock trading volume.
• Net interest income climbed 11% to $807 million, supported by higher average customer margin loans and credit balances.
• Total customer accounts grew 30% year-over-year to 3.34 million, while client equity increased 33% to $568.2 billion.

The robust financial results were largely attributed to increased trading activity across various asset classes and strong customer growth. Interactive Brokers' advanced trading platforms, competitive pricing, and global reach continued to attract new clients, fueling its momentum.

During the earnings call, the company's management highlighted several factors contributing to the strong performance, including market enthusiasm, increased marketing efforts, and the introduction of new products and enhancements. Interactive Brokers expressed optimism about its growth prospects, citing steady account additions and plans for further global expansion and product innovation.