One of the standout factors from the report was the significant increase in customer accounts, which rose by 28% to reach 2.92 million. Customer equity also saw a substantial uptick, increasing by 36% to $497.2 billion. Commission revenue rose by 26% to $406 million, fueled by higher customer trading volumes in options, stocks, and futures, which saw increases of 35%, 26%, and 10%, respectively.
Additionally, net interest income climbed by 14% to $792 million, attributed to higher benchmark interest rates, customer margin loans, and customer credit balances. Other fees and services also saw a notable increase of $21 million, or 45%, to $68 million. Despite facing some challenges, such as incurring a loss of approximately $48 million due to a technical issue at the New York Stock Exchange, the company declared a quarterly cash dividend of $0.25 per share to be paid in September. As a result of the positive financial report, Interactive Brokers shares showed a 1.73% increase after-hours, reaching $125.80.
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