Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) just reported its April 2024 operating numbers.
Interactive Brokers recorded 2.339 million daily average revenue transactions (DARTs) in April 2024, up 33% from April 2023 and down 3% from March 2024.
End customer equity was $457.8 billion, up 34% from last year and down 2% from last month, while customer end margin loan balances were $50.7 billion, up 28% from last year and 1% lower than the previous month.
Interactive Brokers recorded 2.81 million client accounts, 26% higher than last year and 2% higher than last month.
The average commission per cleared orderable order was $3.00, including exchange, clearing and regulatory fees.
Interactive Brokers recently released its financial results for the first quarter of 2024.
Diluted earnings per share were $1.61 for the first quarter 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.