Interactive Brokers 4Q Profit, Revenue Rise on High Trading Volumes

Dow Jones

Jan 22, 2025

By Katherine Hamilton

Interactive Brokers Group profit and revenue increased in the fourth quarter of 2024, as customers traded more stocks and racked up larger credit balances, the company said Tuesday.

The automated electronic broker posted a profit of $217 million, or $1.99 a share, in the three months ended Dec. 31, compared with $160 million, or $1.48 a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were $2.03, ahead of the $1.52 forecast by analysts, according to FactSet.

Revenue rose 22%, to $1.39 billion. Analysts surveyed by FactSet forecast revenue of $1.36 billion.

Commission revenue increased thanks to higher customer trading volumes, particularly in stocks. Higher average customer margin loans and credit balances bumped up net interest income.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

January 21, 2025 16:21 ET (21:21 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2505878241"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2505878241\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2505878241?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-22 05:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2505878241","market":"other","top_or_hot":-1,"title":"Interactive Brokers 4Q Profit, Revenue Rise on High Trading Volumes","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Katherine Hamilton \n</p>\n<pre>\n \n</pre>\n<p>\n  Interactive Brokers Group profit and revenue increased in the fourth quarter of 2024, as customers traded more stocks and racked up larger credit balances, the company said Tuesday. \n</p>\n<p>\n  The automated electronic broker posted a profit of $217 million, or $1.99 a share, in the three months ended Dec. 31, compared with $160 million, or $1.48 a share, a year earlier. \n</p>\n<p>\n  Stripping out certain one-time items, adjusted per-share earnings were $2.03, ahead of the $1.52 forecast by analysts, according to FactSet. \n</p>\n<p>\n  Revenue rose 22%, to $1.39 billion. Analysts surveyed by FactSet forecast revenue of $1.36 billion. \n</p>\n<p>\n  Commission revenue increased thanks to higher customer trading volumes, particularly in stocks. Higher average customer margin loans and credit balances bumped up net interest income. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 21, 2025 16:21 ET (21:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Interactive Brokers 4Q Profit, Revenue Rise on High Trading Volumes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInteractive Brokers 4Q Profit, Revenue Rise on High Trading Volumes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-22 05:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Katherine Hamilton \n</p>\n<pre>\n \n</pre>\n<p>\n  Interactive Brokers Group profit and revenue increased in the fourth quarter of 2024, as customers traded more stocks and racked up larger credit balances, the company said Tuesday. \n</p>\n<p>\n  The automated electronic broker posted a profit of $217 million, or $1.99 a share, in the three months ended Dec. 31, compared with $160 million, or $1.48 a share, a year earlier. \n</p>\n<p>\n  Stripping out certain one-time items, adjusted per-share earnings were $2.03, ahead of the $1.52 forecast by analysts, according to FactSet. \n</p>\n<p>\n  Revenue rose 22%, to $1.39 billion. Analysts surveyed by FactSet forecast revenue of $1.36 billion. \n</p>\n<p>\n  Commission revenue increased thanks to higher customer trading volumes, particularly in stocks. Higher average customer margin loans and credit balances bumped up net interest income. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 21, 2025 16:21 ET (21:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IBKR","symbol_name":"盈透证券","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2505878241","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505878241","pubTimestamp":1737494460,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Interactive Brokers Group profit and revenue increased in the fourth quarter of 2024, as customers traded more stocks and racked up larger credit balances, the company said Tuesday.The automated electronic broker posted a profit of $217 million, or $1.99 a share, in the three months ended Dec. 31, compared with $160 million, or $1.48 a share, a year earlier.Stripping out certain one-time items, adjusted per-share earnings were $2.03, ahead of the $1.52 forecast by analysts, according to FactSet.Revenue rose 22%, to $1.39 billion. Analysts surveyed by FactSet forecast revenue of $1.36 billion.Commission revenue increased thanks to higher customer trading volumes, particularly in stocks. Higher average customer margin loans and credit balances bumped up net interest income.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"IBKR":"盈透证券"},"translate_title":"盈透证券第四季度利润和收入因高交易量而增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBKR":1},"content_text":"By Katherine Hamilton \n\n\n \n\n\n  Interactive Brokers Group profit and revenue increased in the fourth quarter of 2024, as customers traded more stocks and racked up larger credit balances, the company said Tuesday. \n\n\n  The automated electronic broker posted a profit of $217 million, or $1.99 a share, in the three months ended Dec. 31, compared with $160 million, or $1.48 a share, a year earlier. \n\n\n  Stripping out certain one-time items, adjusted per-share earnings were $2.03, ahead of the $1.52 forecast by analysts, according to FactSet. \n\n\n  Revenue rose 22%, to $1.39 billion. Analysts surveyed by FactSet forecast revenue of $1.36 billion. \n\n\n  Commission revenue increased thanks to higher customer trading volumes, particularly in stocks. Higher average customer margin loans and credit balances bumped up net interest income. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 21, 2025 16:21 ET (21:21 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}