Interactive Brokers Posts Strong Q3 Earnings Amid Stock Market Rally
Interactive Brokers (IBKR) reported robust third-quarter earnings, surpassing Wall Street expectations as trading activity surged alongside near-record stock market levels. The Greenwich-based platform posted EPS of $0.57 against a $0.54 forecast, with revenue hitting $1.66 billion versus $1.52 billion estimates.
Customer accounts grew 32% year-over-year to 4.13 million, while margin loans ballooned 39% to $77.3 billion. Equity and options trading volumes jumped 67% and 27% respectively, reflecting heightened retail participation during the market upswing.