Interactive Brokers Group Releases Q4 2024 Revenues with 23.9% Increase

Interactive Brokers Group, Inc. (Nasdaq: IBKR) announced results for the quarter ended December 31, 2024.

• Reported adjusted diluted earnings per share for the current quarter were $2.03, a 3% increase compared to the year-ago quarter's adjusted earnings per share of $1.52.

• ​Reported net revenues for the current quarter were $1,387 million, compared to $1,424 million as adjusted. For the year-ago quarter, reported net revenues were $1,139 million, with adjusted net revenues of $1,149 million, reflecting a 23.9% increase in adjusted net revenues.
  

• Commission revenue increased 37% to $477 million on higher customer trading volumes. Customer trading volume in options and stocks increased 32% and 65%, respectively, while customer futures volume decreased by 3%.
  

• Reported income before income taxes was $1,040 million for the current quarter and $1,077 million as adjusted. For the year-ago quarter, reported income before income taxes was $816 million and $831 million as adjusted.

• Net interest income increased 11% to $807 million on higher average customer margin loans and customer credit balances.

• Total equity of $16.6 billion

The Interactive Brokers Group, Inc. Board of Directors declared a quarterly cash dividend of $0.25 per share. This dividend is payable on March 14, 2025, to shareholders of record as of February 28, 2025.

Compared to the Business data the year-ago quarter

• Customer accounts increased 30% to 3.34 million.

• Customer equity increased 33% to $568.2 billion.

• Total daily average revenue trades (DARTs)  increased 61% to 3.12 million.

• Customer credits increased 15% to $119.7 billion.

• Customer margin loans increased 45% to $64.2 billion.