盈透证券(IBKR.US)于美东时间周三盘后公布第二季度财报，营收及盈利均超出华尔街预期，这主要得 益于客户交易活动的激增以及净利息收入的稳步增长。财报发布后，公司股价大涨，截至发稿，该股盘 后上涨4.5%。 这家电子经纪商Q2营收增长20.3%至14.8亿美元，超出分析师平均预期，去年同期为12.3亿美元，调整 后每股收益为0.51美元，高于分析师预期的0.46美元。 本季度，受客户交易量上升的推动，佣金收入增长27%，达5.16亿美元。客户股票、期权和期货的交易 量分别增长31%、24%和18%。 得益于客户信贷余额及证券借贷业务的增长，Q2净利息收入增长9%至8.6亿美元，其中还包含一笔2600 万美元的一次性税收抵免。 其他费用和服务收入下降9%至6200万美元，主要原因是风险敞口费用减少700万美元，但部分被联邦存 款保险公司(FDIC)清算费用增加200万美元所抵消。 税前利润率稳定在75%，彰显了持续的运营效率。总务及管理费用增长17%，主要因广告支出增加。 公司宣布季度股息为每股0.08美元，将于9月12日派发。 业务数据方面，Q2客户账户数量增长32%，达387万个;客户权益增长34%，达6 ...

Thursday, July 17, 2025Another blissfully bullish day on the stock market saw the Dow grow +229 points, +0.52%, the S&P 500 +33, +0.54%, the Nasdaq +153 points, +0.74%, and the small-cap Russell 2000 led the way once again for the session: +27 points, +1.22%. The Dow is +4.56% year to date and +7.98% over the past year, the S&P +7.07% and +12.69% — the ninth all-time high this year so far — the Nasdaq +8.15% and +16.04%, and the Russell 2000 +1.07% and +0.64%.Bond yields moderated a bit, after moving higher ...

Interactive Brokers Group, Inc. (IBKR) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +10.87%. A quarter ago, it was expected that this company would post earnings of $0.48 per share when it actually produced earnings of $0.47, delivering a surprise of -2.08%.Over the last four quart ...

Financial Data and Key Metrics Changes - The company reported record net revenues and pretax income for the quarter, with commissions rising to a record $516 million, a 27% increase compared to the previous year [16][11][17] - Net interest income reached a quarterly record of $860 million, despite lower benchmark rates, with a notable one-time credit of $26 million related to tax recovery [17][26] - Client credit balances increased by 34% to a record $144 billion, while client equity rose 34% to $664 billion, outperforming the S&P's growth of 11% [10][11] Business Line Data and Key Metrics Changes - The company experienced strong growth in trading volumes across stocks, options, and futures, with quarterly commissions, net interest, total net revenue, and pretax income all reaching record levels [11][17] - Overnight trading volumes grew over 170% year-over-year, indicating a significant increase in client engagement during non-standard trading hours [9][10] Market Data and Key Metrics Changes - The market saw a recovery, surpassing its February peak and closing up over 10% by quarter-end, which contributed to increased trading activity [6][10] - The SEC fee rate was reduced to zero halfway through the quarter, which impacted commission revenue but did not affect profitability [7][19] Company Strategy and Development Direction - The company is focused on automating its brokerage business and enhancing its platform capabilities, including the introduction of new tools like investment themes to streamline the investment process for clients [11][14] - The company is expanding its cryptocurrency offerings and plans to allow clients to fund accounts with stablecoins and facilitate asset transfers in the crypto space [38][84] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term trend towards global investing and the potential for continued growth in client accounts and trading volumes [15][32] - The company anticipates that the favorable market conditions will support brokerage firms and investment banks, positioning itself well for future growth [81] Other Important Information - The company completed a four-for-one stock split and increased its dividend from $1 to $1.28 on a split-adjusted basis [15][23] - The total assets of the company increased by 33% year-over-year, driven by higher segregated cash balances and margin lending [22] Q&A Session Summary Question: Clarification on account growth expectations - Management projected lower account growth than actual results, indicating a desire to overdeliver on expectations [35] Question: Impact of digital asset initiatives - The company is enhancing its cryptocurrency offerings and plans to allow clients to fund accounts with stablecoins and facilitate asset transfers [38] Question: Perspectives on tokenized equity products - Management contrasted their offering with competitors, emphasizing the advantages of direct ownership of stocks over derivative products [44][45] Question: Execution cost differences in overnight trading - Execution costs for stocks differ significantly between overnight and regular trading hours, with the company leveraging its ATS for competitive pricing [51][52] Question: Drivers of client credit balance growth - The increase in client credit balances was attributed to a combination of new cash deposits and clients feeling comfortable leaving cash with the company [70] Question: Market share in cryptocurrency - Management expressed disappointment in the market share gained in crypto despite lower costs, indicating a focus on improving offerings to attract more clients [84]

Financial Data and Key Metrics Changes - Commission revenue increased by 27% year-over-year, reaching a record $516 million [5][16] - Net interest income also set a record at $860 million, up 9% from the previous year [24][25] - Pre-tax income exceeded $1 billion for the third consecutive quarter, with a pre-tax profit margin of 75% [10][21] Business Line Data and Key Metrics Changes - Client trading volumes expanded significantly, with options and futures setting new quarterly volume records [16] - Overnight trading volumes grew over 170% year-over-year, indicating strong demand for after-hours trading [8][9] - Client credit balances rose by 34% to a record $144 billion, reflecting increased cash deposits [9][22] Market Data and Key Metrics Changes - Total customer DARTs (Daily Average Revenue Trades) increased by 49% year-over-year, reaching 3.6 million trades per day [23] - Stock share volumes rose by 31%, while options and futures contract volumes increased by 24% and 18% respectively [23] Company Strategy and Development Direction - The company is focusing on automating brokerage operations and enhancing its platform to handle increased trading volumes [10][11] - New product introductions include investment themes and forecast contracts, aimed at improving client engagement and investment decision-making [12][13] - The company is exploring opportunities in the digital asset space, including partnerships and new offerings for cryptocurrencies [37][39] Management's Comments on Operating Environment and Future Outlook - Management noted that the market experienced significant volatility, leading to increased trading activity and client engagement [4][5] - The company remains optimistic about long-term trends towards global investing and the demand for U.S. market access from international clients [14][15] - Management expressed confidence in the brokerage industry's favorable environment, anticipating continued growth in retail trading activity [80] Other Important Information - The company completed a four-for-one stock split and increased its dividend from $1 to $1.28 annually [14][23] - Total assets grew by 33% year-over-year, driven by higher segregated cash balances and margin lending [22] Q&A Session Summary Question: Clarification on account growth expectations - Management projected lower account growth than actual results, indicating a strong performance in net new accounts [35] Question: Impact of digital asset initiatives - The company is enhancing its digital asset offerings and exploring partnerships to better serve client needs in the crypto space [37][39] Question: Perspectives on tokenized equity products - Management contrasted their offerings with competitors, emphasizing the advantages of direct ownership of stocks over tokenized derivatives [44][45] Question: Execution cost differences in overnight trading - Execution costs for stocks differ significantly between overnight and regular trading hours, with the company leveraging its ATS for competitive pricing [50][51] Question: Drivers of client credit balance growth - The increase in client credit balances was attributed to strong new cash deposits and a risk-off environment leading to higher cash holdings [69][70] Question: Future of zero DTE options - Management acknowledged the popularity of zero DTE options and discussed the complexities of offering them for single stocks [73][74]

from Nuro. You can see those shares lucid finished up 36%, Uber down fractionally. But another name that we're watching here in overtime is Interactive Brokers.That stock is surging right now reporting a beat on the top and bottom lines while seeing a 32% jump in customer accounts. Now that's a key number for investors. You can see the shares are up 3.5%.And joining me now in an exclusive interview is Thomas Peterffy Interactive Brokers founder and chairman. Thomas, it's great to have you back on the show. ...

Interactive Brokers Group, Inc. IBKR released its second-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter. The Details: Interactive Brokers reported quarterly earnings of 51 cents per share, which beat the analyst consensus estimate of 45 cents. Quarterly revenue of $1.48 billion beat the Street estimate of $1.36 billion and is an increase over revenue of $1.23 billion from the same period last year.Read Next: Rare Earth Royalty: Meet The Power Players Shaping ...

Exhibit 99.1 INTERACTIVE BROKERS GROUP ANNOUNCES 2Q2025 RESULTS GAAP DILUTED EPS OF $0.51, ADJUSTED1 EPS OF $0.51 GAAP NET REVENUES OF $1,480 MILLION, ADJUSTED NET REVENUES OF $1,480 MILLION Reported and adjusted net revenues were both $1,480 million for the current quarter. For the year-ago quarter, reported net revenues were $1,230 million and $1,290 million as adjusted. Reported and adjusted income before income taxes were both $1,104 million for the current quarter. For the year-ago quarter, reported in ...

Core Viewpoint - Interactive Brokers (IBKR) is experiencing significant growth and is expected to perform well ahead of its Q2 results, with stock prices soaring nearly 100% over the past year and up 35% year to date [1][2]. Company Performance - IBKR's Q2 sales are projected to increase by 8% to $1.34 billion compared to $1.23 billion a year ago, with EPS expected to rise slightly from $0.44 to $0.45 [3][4]. - The Zacks ESP indicates that IBKR could exceed earnings expectations, with the most accurate estimate for Q2 EPS at $0.46 [4]. Earnings Estimates - Recent revisions show that fiscal 2025 and FY26 EPS estimates for IBKR have increased by 4% and 3% respectively, indicating positive momentum [5][6]. - Annual earnings are expected to rise by 4% this year and another 7% in FY26 to $1.97 per share, alongside steady sales growth projected at 3% in FY25 and 6% in FY26, reaching $5.73 billion [6]. Valuation Comparison - IBKR trades at a forward earnings multiple of 32.4X, significantly lower than Robinhood's 79.6X, and closer to the Zacks Financial-Investment Bank Industry average of 15.8X and Charles Schwab's 21.9X [7]. Investment Appeal - Investors seeking exposure to FinTech growth may find IBKR a more affordable option compared to Robinhood, with a strong buy rating and high momentum score [8].

Key Takeaways IBKR's Q2 earnings are expected to benefit from strong trading activity and market volatility. Commission revenues are projected to rise 19.9% year over year to $486.8 million in Q2. A 4-for-1 stock split began trading on June 18, boosting investor interest during the quarter.Interactive Brokers Group (IBKR) is scheduled to announce second-quarter 2025 results on Thursday, July 17, after market close. Interactive Brokers’ first-quarter 2025 earnings lagged the Zacks Consensus Estimate. Highe ...