The company said it recorded net revenues of $1,365 million, income before income taxes of $909 million and diluted earnings per share of $1.67 for the quarter ended September 30, 2024, compared with $1,145 million, $840 million and $1.56 in the prior-year quarter.

1. 01

   The company said it recorded net revenues of $1,365 million, income before income taxes of $909 million and diluted earnings per share of $1.67 for the quarter ended September 30, 2024, compared with $1,145 million, $840 million and $1.56 in the prior-year quarter.

2. 02

   IBKR said commission revenue rose 31% year over year to $435 million, and net interest income rose 9% to $802 million. Customer options, stock and futures trading volumes increased 35%, 22% and 13%, respectively.

3. 03

   The company said general and administrative expenses rose $108 million to $153 million, driven mainly by $87 million related to legal and regulatory matters and a one-time charge of $12 million related to the consolidation of its European subsidiaries.

4. 04

   The company said it raised $6.9 billion in net cash from operating activities for the 9 months ended September 30, 2024, and that cash, cash equivalents and restricted cash increased $6,218 million to $38.8 billion.

Key figures

Quarter ended September 30, 2024

Revenue

$1.4B

Net income

$834M

EPS

$1.67

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.