Interactive Brokers Stock Declines Amid Mixed Results for April

Dow Jones

16 Apr

By Kelly Cloonan

Shares of Interactive Brokers declined after the company shared mixed performance results amid market volatility this month.

The stock fell 10% to $156.86 on Wednesday. Shares have gained 46% over the past 12 months.

The online brokerage platform on Tuesday logged higher profit and revenue in the first quarter as commission revenue and trading volume across stocks, options and futures rose double-digits, though the company said it has seen mixed activity so far this month.

Chief Executive Milan Galik said trading volumes have remained high and clients have shifted to trade fewer options and more futures than usual amid market volatility.

Clients have also moved to deleverage, with margin balances falling 10% to 12% so far in April, which is expected given the market's recent drop, he said.

"When there is such large move downward, you would expect the customers to reduce their risk posture," he said during the company's earnings call.

For the first quarter, the company had a profit of $213 million, or $1.94 a share, up from $175 million, or $1.61 a share, a year earlier.

Adjusted per-share earnings came in at $1.88, missing the $1.92 forecast by analysts polled by FactSet.

Revenue rose 19% to $1.43 billion, above analyst estimates of $1.41 billion.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

April 16, 2025 10:54 ET (14:54 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2527522247"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2527522247\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2527522247?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-16 22:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2527522247","market":"sg","top_or_hot":-1,"title":"Interactive Brokers Stock Declines Amid Mixed Results for April","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Kelly Cloonan \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of Interactive Brokers declined after the company shared mixed performance results amid market volatility this month. \n</p>\n<p>\n  The stock fell 10% to $156.86 on Wednesday. Shares have gained 46% over the past 12 months. \n</p>\n<p>\n  The online brokerage platform on Tuesday logged higher profit and revenue in the first quarter as commission revenue and trading volume across stocks, options and futures rose double-digits, though the company said it has seen mixed activity so far this month. \n</p>\n<p>\n  Chief Executive Milan Galik said trading volumes have remained high and clients have shifted to trade fewer options and more futures than usual amid market volatility. \n</p>\n<p>\n  Clients have also moved to deleverage, with margin balances falling 10% to 12% so far in April, which is expected given the market's recent drop, he said. \n</p>\n<p>\n  \"When there is such large move downward, you would expect the customers to reduce their risk posture,\" he said during the company's earnings call. \n</p>\n<p>\n  For the first quarter, the company had a profit of $213 million, or $1.94 a share, up from $175 million, or $1.61 a share, a year earlier. \n</p>\n<p>\n  Adjusted per-share earnings came in at $1.88, missing the $1.92 forecast by analysts polled by FactSet. \n</p>\n<p>\n  Revenue rose 19% to $1.43 billion, above analyst estimates of $1.41 billion. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 16, 2025 10:54 ET (14:54 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Interactive Brokers Stock Declines Amid Mixed Results for April</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInteractive Brokers Stock Declines Amid Mixed Results for April\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-16 22:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Kelly Cloonan \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of Interactive Brokers declined after the company shared mixed performance results amid market volatility this month. \n</p>\n<p>\n  The stock fell 10% to $156.86 on Wednesday. Shares have gained 46% over the past 12 months. \n</p>\n<p>\n  The online brokerage platform on Tuesday logged higher profit and revenue in the first quarter as commission revenue and trading volume across stocks, options and futures rose double-digits, though the company said it has seen mixed activity so far this month. \n</p>\n<p>\n  Chief Executive Milan Galik said trading volumes have remained high and clients have shifted to trade fewer options and more futures than usual amid market volatility. \n</p>\n<p>\n  Clients have also moved to deleverage, with margin balances falling 10% to 12% so far in April, which is expected given the market's recent drop, he said. \n</p>\n<p>\n  \"When there is such large move downward, you would expect the customers to reduce their risk posture,\" he said during the company's earnings call. \n</p>\n<p>\n  For the first quarter, the company had a profit of $213 million, or $1.94 a share, up from $175 million, or $1.61 a share, a year earlier. \n</p>\n<p>\n  Adjusted per-share earnings came in at $1.88, missing the $1.92 forecast by analysts polled by FactSet. \n</p>\n<p>\n  Revenue rose 19% to $1.43 billion, above analyst estimates of $1.41 billion. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 16, 2025 10:54 ET (14:54 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2527522247","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527522247","pubTimestamp":1744815240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Interactive Brokers declined after the company shared mixed performance results amid market volatility this month.The stock fell 10% to $156.86 on Wednesday. Shares have gained 46% over the past 12 months.The online brokerage platform on Tuesday logged higher profit and revenue in the first quarter as commission revenue and trading volume across stocks, options and futures rose double-digits, though the company said it has seen mixed activity so far this month.Chief Executive Milan Galik said trading volumes have remained high and clients have shifted to trade fewer options and more futures than usual amid market volatility.Clients have also moved to deleverage, with margin balances falling 10% to 12% so far in April, which is expected given the market's recent drop, he said.\"When there is such large move downward, you would expect the customers to reduce their risk posture,\" he said during the company's earnings call.Adjusted per-share earnings came in at $1.88, missing the ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"盈透证券四月份业绩好坏参半，股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBKR":1},"content_text":"By Kelly Cloonan \n\n\n \n\n\n  Shares of Interactive Brokers declined after the company shared mixed performance results amid market volatility this month. \n\n\n  The stock fell 10% to $156.86 on Wednesday. Shares have gained 46% over the past 12 months. \n\n\n  The online brokerage platform on Tuesday logged higher profit and revenue in the first quarter as commission revenue and trading volume across stocks, options and futures rose double-digits, though the company said it has seen mixed activity so far this month. \n\n\n  Chief Executive Milan Galik said trading volumes have remained high and clients have shifted to trade fewer options and more futures than usual amid market volatility. \n\n\n  Clients have also moved to deleverage, with margin balances falling 10% to 12% so far in April, which is expected given the market's recent drop, he said. \n\n\n  \"When there is such large move downward, you would expect the customers to reduce their risk posture,\" he said during the company's earnings call. \n\n\n  For the first quarter, the company had a profit of $213 million, or $1.94 a share, up from $175 million, or $1.61 a share, a year earlier. \n\n\n  Adjusted per-share earnings came in at $1.88, missing the $1.92 forecast by analysts polled by FactSet. \n\n\n  Revenue rose 19% to $1.43 billion, above analyst estimates of $1.41 billion. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 16, 2025 10:54 ET (14:54 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}