IBG, Inc.(US:IBKR) Xin Lang Cai Jing·2025-10-16 23:41Core Insights - Interactive Brokers (IBKR.US) reported Q3 2025 net revenue of $1.66 billion, a 21% increase from $1.365 billion in the same period last year, exceeding market expectations of $1.505 billion [1] - Adjusted earnings per share were $0.57, up from $0.40 year-over-year and above the market forecast of $0.54 [1] Revenue Breakdown - Commission income rose 23% year-over-year to $537 million, driven by increased customer trading volume, with stock and options trading volumes up 67% and 27% respectively, while futures trading volume decreased by 7% [1] - Net interest income increased by 21% to $967 million, attributed to enhanced securities lending activities and higher average margin loans and customer credit balances [1] - Other fees and service revenues fell by 8% to $66 million, primarily due to a $12 million decrease in risk exposure fees, partially offset by a $3 million increase in FDIC cleanup fees [1] - Execution, clearing, and distribution costs decreased by 21% to $92 million, due to lower regulatory fees and increased liquidity rebates from certain exchanges as a result of higher stock and options trading volumes [1] Dividend Announcement - The board of Interactive Brokers declared a quarterly cash dividend of $0.08 per share, payable on December 12, 2025, to shareholders of record as of December 1, 2025 [1] Market Reaction - Following the earnings report, Interactive Brokers' stock fell over 2% in after-hours trading [2]