Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) just reported its June 2024 operating metrics.
The company reported 2.469 million daily average revenue transactions (DART) for June 2024, 26% higher than June 2023. The result was 5% higher than that recorded in May 2024.
End-customer equity totaled $497.2 billion in June 2024, up 36% from a year earlier and up 2% from the previous month.
Ending customer margin loan balances reached $55.1 billion, up 32% from last year and up 4% from last month.
Interactive Brokers recorded 2.92 million client accounts last month, up 28% from June 2023 and up 2% from May 2024.
The average commission per cleared orderable order was $2.99, including exchange, clearing and regulatory fees.
The latest figures for the financial performance of Interactive Brokers are for the first quarter of 2024.
Diluted earnings per share were $1.61 for the first three months of 2024 and $1.64 as adjusted. Net income was $1,203 million for the first quarter of 2024 and $1,216 million as adjusted.
Income before income taxes was $866 million for the first quarter of 2024 and $879 million as adjusted. Net interest income increased 17% to $747 million due to higher benchmark rates, customer margin loans and customer credit balances.