Interactive Brokers Q4 2021 Earnings Report

Interactive Brokers reported an increase in customer accounts and equity, with a rise in commission and net interest income, but a decrease in other income due to strategic investments.

Key Takeaways

Interactive Brokers Group reported GAAP diluted EPS of $0.67 and adjusted EPS of $0.83. The company's net revenues were $603 million on a GAAP basis and $683 million as adjusted. Customer accounts and equity increased significantly, driving higher commission and net interest income.

Customer accounts increased by 56% year-over-year, reaching 1.68 million.

Customer equity grew by 30% year-over-year, totaling $373.8 billion.

Commission revenue increased by 11% year-over-year due to higher trading volumes.

Net interest income increased by 31% year-over-year driven by higher margin loan balances and securities lending activity.