Interactive Brokers reported strong Q2 2024 results with adjusted EPS of $1.76, up from $1.32 YoY. Net revenues rose 23% to $1.23 billion, driven by a 26% increase in commission revenue to $406 million and 14% growth in net interest income to $792 million. Customer trading volumes showed robust growth across options (35%), stocks (26%), and futures (10%).The company's customer base expanded 28% to 2.92 million accounts, while customer equity jumped 36% to $497.2 billion. Customer margin loans increased 32% to $55.1 billion, and customer credits rose 8% to $107.1 billion. The pretax profit margin improved to 72% from 65% YoY.The Board declared a quarterly dividend of $0.25 per share, payable on September 13, 2024. The company reported a $48 million loss from positions taken over due to a NYSE technical issue on June 3, 2024, and a $30 million decrease in comprehensive earnings from its currency diversification strategy.

Interactive Brokers reported strong Q2 2024 results with adjusted EPS of $1.76, up from $1.32 YoY. Net revenues rose 23% to $1.23 billion, driven by a 26% increase in commission revenue to $406 million and 14% growth in net interest income to $792 million. Customer trading volumes showed robust growth across options (35%), stocks (26%), and futures (10%).The company's customer base expanded 28% to 2.92 million accounts, while customer equity jumped 36% to $497.2 billion. Customer margin loans increased 32% to $55.1 billion, and customer credits rose 8% to $107.1 billion. The pretax profit margin improved to 72% from 65% YoY.The Board declared a quarterly dividend of $0.25 per share, payable on September 13, 2024. The company reported a $48 million loss from positions taken over due to a NYSE technical issue on June 3, 2024, and a $30 million decrease in comprehensive earnings from its currency diversification strategy.