Workflow
Compared to Estimates, Interactive Brokers (IBKR) Q4 Earnings: A Look at Key Metrics
IBG, Inc.IBG, Inc.(US:IBKR) ZACKSยท2025-01-22 00:31

Core Insights - Interactive Brokers Group, Inc. (IBKR) reported a revenue of $1.42 billion for Q4 2024, marking a 25% year-over-year increase and exceeding the Zacks Consensus Estimate of $1.38 billion by 3.50% [1] - The earnings per share (EPS) for the same quarter was $2.03, up from $1.52 a year ago, representing a surprise of 9.14% against the consensus estimate of $1.86 [1] Financial Performance Metrics - Net Interest Margin was reported at 2.2%, slightly below the average estimate of 2.4% [4] - Total customer accounts reached 3.34 million, surpassing the estimated 3.2 million [4] - Average interest-earning assets amounted to $148.36 billion, exceeding the estimate of $138.37 billion [4] - Total customer Daily Average Revenue Trades (DARTs) were 3.12 million, above the average estimate of 2.8 million [4] - Cleared customers' commission per cleared commissionable order was $2.72, lower than the estimated $2.81 [4] - Customer equity stood at $568.2 billion, exceeding the average estimate of $546.27 billion [4] - Other fees and services generated $81 million, surpassing the estimated $63.07 million [4] - Commissions totaled $477 million, above the average estimate of $456.68 million [4] - Total net interest income was $807 million, slightly below the average estimate of $822.41 million [4] - Interest income reached $1.86 billion, exceeding the average estimate of $1.77 billion [4] Stock Performance - Shares of Interactive Brokers have returned +7% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]