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AI English summary of an SEC filing — figures as filed

Interactive Brokers logoInteractive Brokers IBKR

Interactive Brokers said diluted earnings per share for Q4 2024 were $1.99 on a GAAP basis and $2.03 as adjusted, compared with $1.48 and $1.52 as adjusted in the year-ago quarter.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Interactive Brokers said diluted earnings per share for Q4 2024 were $1.99 on a GAAP basis and $2.03 as adjusted, compared with $1.48 and $1.52 as adjusted in the year-ago quarter.

  2. The company said net revenues for Q4 2024 were $1,387 million on a GAAP basis and income before income taxes was $1,040 million, compared with $1,139 million and $816 million in the year-ago quarter.

  3. Interactive Brokers said commission revenue for Q4 2024 increased 37% to $477 million and net interest income increased 11% to $807 million, compared with the year-ago quarter.

  4. The company said its currency diversification strategy decreased comprehensive earnings by $266 million in the current quarter, and Other Income included a net gain of $24 million from its investment in Tiger Brokers, comprised of a one-time realized gain of $34 million and an unrealized loss of $10 million.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q4 GAAP Diluted EPS and Adjusted EPS

Interactive Brokers said diluted earnings per share for Q4 2024 were $1.99 on a GAAP basis and $2.03 as adjusted, compared with $1.48 and $1.52 as adjusted in the year-ago quarter.

Source · Based on the filing body and exhibits

Q4 GAAP Net Revenues and Income Before Income Taxes

The company said net revenues for Q4 2024 were $1,387 million on a GAAP basis and income before income taxes was $1,040 million, compared with $1,139 million and $816 million in the year-ago quarter.

Source · Based on the filing body and exhibits

Commission Revenue and Net Interest Income Changes

Interactive Brokers said commission revenue for Q4 2024 increased 37% to $477 million and net interest income increased 11% to $807 million, compared with the year-ago quarter.

Source · Based on the filing body and exhibits

Currency Diversification Strategy Impact and Tiger Brokers Investment Gains and Losses

The company said its currency diversification strategy decreased comprehensive earnings by $266 million in the current quarter, and Other Income included a net gain of $24 million from its investment in Tiger Brokers, comprised of a one-time realized gain of $34 million and an unrealized loss of $10 million.

Source · Based on the filing body and exhibits

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.