Interactive Brokers 1Q Profit, Rev Up; Raises Quarterly Dividend

Dow Jones

Apr 16, 2025

By Kelly Cloonan

Interactive Brokers Group posted higher profit and revenue in the first quarter as trading volume across stocks, options and futures rose.

The online brokerage platform on Tuesday posted a profit of $213 million, or $1.94 a share, compared with $175 million, or $1.61 a share, a year earlier.

Stripping out one-time items, adjusted per-share earnings were $1.88, below the $1.92 forecast by analysts polled by FactSet.

Revenue rose 19% to $1.43 billion, above analyst estimates of $1.41 billion.

Commission revenue rose 36% to $514 million on higher customer trading volumes. Trading volume in stocks and options rose 47% and 25%, respectively, while futures volume rose 16%.

Customer accounts rose 32% to 3.62 million, with customer equity rising 23% to $573.5 billion.

Interactive Brokers also raised its quarterly cash dividend by 28% to 32 cents a share from 25 cents and declared a four-for-one stock split. Trading is expected to start on the split-adjusted basis June 18.

Shares fell 4.4% in after-hours trading to $165.86. The stock is up 59% over the past 52 weeks.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

April 15, 2025 16:31 ET (20:31 GMT)

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The stock is up 59% over the past 52 weeks. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 15, 2025 16:31 ET (20:31 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":"LU2237957811.SGD","symbol_name":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2527695420","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527695420","pubTimestamp":1744749060,"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 posted higher profit and revenue in the first quarter as trading volume across stocks, options and futures rose.The online brokerage platform on Tuesday posted a profit of $213 million, or $1.94 a share, compared with $175 million, or $1.61 a share, a year earlier.Stripping out one-time items, adjusted per-share earnings were $1.88, below the $1.92 forecast by analysts polled by FactSet.Revenue rose 19% to $1.43 billion, above analyst estimates of $1.41 billion.Commission revenue rose 36% to $514 million on higher customer trading volumes. 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