IBG, Inc.(US:IBKR) Benzingaยท2025-10-16 20:21Core Insights - Interactive Brokers Group, Inc. reported third-quarter earnings of 57 cents per share, surpassing the analyst estimate of 54 cents [2] - Quarterly revenue reached $1.65 billion, exceeding the analyst consensus estimate of $1.5 billion and up from $1.36 billion in the same period last year [2] Financial Performance - Commission revenue increased by 23% to $537 million, driven by higher customer trading volumes, with stock trading volume up 67% and options trading volume up 27%, while futures trading volume decreased by 7% [4] - Net interest income rose by 21% to $967 million, attributed to stronger securities lending activity and higher average customer margin loans and credit balances [4] - Other fees and services decreased by 8% to $66 million, primarily due to a $12 million drop in risk exposure fees, partially offset by a $3 million increase in FDIC sweep fees [4] - Execution, clearing, and distribution fees fell by 21% to $92 million, influenced by lower regulatory fees [4] - General and administrative expenses decreased significantly by 59% to $62 million, mainly due to the non-recurrence of $88 million related to legal and regulatory matters and $12 million related to the consolidation of European subsidiaries [4] Profitability Metrics - The pretax profit margin for the current quarter was 79%, both as reported and adjusted, compared to 67% as reported and 66% as adjusted in the year-ago quarter [4] - Total equity stood at $19.5 billion [4]