Interactive Brokers posts mixed Q3 results, shares fall 2%

Investing.com -- Interactive Brokers Group Inc (NASDAQ: IBKR) reported third quarter results that met earnings expectations while revenue exceeded analyst estimates. IBKR shares were down 2% in after hours trading on Thursday following the announcement.

The automated global broker posted adjusted earnings per share of $0.67 for the third quarter, matching the analyst consensus estimate. Revenue reached $1.91 billion, surpassing the $1.87 billion consensus and representing a 16% increase from $1.66 billion in the year-ago quarter.

Net interest income rose 19% YoY to $1.15 billion, driven by higher average customer margin loans and customer credit balances. Commission revenue increased 12% to $602 million on 18% higher daily average revenue trades, despite stock trading volumes declining 24% YoY.

The company’s customer base expanded significantly, with total accounts increasing 35% YoY to 5.58 million, while customer equity grew 27% to $964.7 billion. Customer margin loans surged 36% to $105.2 billion compared to the prior year period. The pretax profit margin for the quarter was 78%, down slightly from 79% in the year-ago period.

Interactive Brokers also announced a dividend increase, raising its quarterly cash dividend 71% from $0.0875 to $0.15 per share, payable December 14, 2026 to shareholders of record as of December 1, 2026.

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