Interactive Brokers Group, Inc. (IBKR) Stock Idea

Research · Oct 16, 2026
Tax-Aware Long-Short SMA Financing Shifts to New Brokers
Fidelity and Schwab are limiting financing for $170bn of tax-aware long-short SMAs; BlackRock is adding counterparties and Interactive Brokers has taken about $300M.
Research · Oct 16, 2026
Interactive Brokers (IBKR) Q3 2026: Net Interest Income Hits $1.15 Billion
Interactive Brokers' Q3 2026 net interest income rose 9.2% from Q2 to $1.154 billion as margin loans and securities lending grew, offsetting a 10.5% fall in commissions.
Research · Sep 24, 2026
[IBKR] Interactive Brokers: Q3 2026 Earnings Test Net Interest Income After Margin Dip
Interactive Brokers posted Q2 2026 net revenue of $1.896 billion at a 77% pretax margin; Q3 results test whether net interest income holds after margin loans fell 7% in July.
Research · Sep 3, 2026
[IBKR] Interactive Brokers Thesis 2026: Automated Brokerage Compounds Account Growth
Interactive Brokers Group Inc. FY2025 revenue ~$5.3-5.6B (+8-12%) with adj. EPS ~$7.20-7.60 reflecting continued account growth ~10-12% YoY toward 3.6-3.8M + selected client equity growth + selected commission volume + selected net interest income from elevated rates + selected operational excellence under continued founder-Chairman Thomas Peterffy succession to CEO Milan Galik (since January 2019). Leading global electronic brokerage focused on professional traders + active retail + institutional clients across stocks + options + futures + FX + bonds + crypto; headquartered in Greenwich, Connecticut (substantial Hungary + Estonia engineering); founded 1977 by Thomas Peterffy in New York (originally Timber Hill market making firm; rebranded Interactive Brokers retail brokerage 1993; IPO 2007 ~$1.2B raised). ~3.6-3.8M client accounts + ~$575B+ client equity across ~150+ markets in ~30+ countries with ~3,000+ employees; ~$50B+ client margin loans; selected stocks (~50% of trades), options (~30% of trades), futures (~12% of trades) volume mix; industry-leading low-cost commission ($0.50-1.00 per options contract; sub-cent equity execution pro tier). Founder-Chairman Thomas Peterffy controls ~75% economic interest via IBG Holdings LLC structure; CEO Milan Galik (since January 2019; ex-IBKR Chief Software Architect; ~30+ year career; engineering + automation heritage). Capital return: dividend $1.00-1.20/share annual (raised from $0.40 to $1.00 quarterly basis announced 2024) + buybacks limited (Holdings LLC structure constrains); investment-grade single A category equivalent. FY2026 thesis: account growth + client equity compounding + automated platform + capital return. Risks: market correction, interest rate cycle, regulatory environment.
Research · Aug 25, 2026
Retail Brokerage Options Trading Surges After Pattern Day Trader Repeal
Since the pattern day trader rule ended on 4 June 2026, Webull's options contracts rose 34% sequentially against 7% for equity notional, and Cboe measured it.
Research · Apr 10, 2026
SEC Options Roundtable: CBOE and ICE Face Fee Reform as PFOF Scrutiny Hits SCHW, IBKR
SEC's options roundtable agenda release advances reform talks on liquidity and fees, spotlighting ICE and CBOE's dominance amid record volumes. Brokers like SCHW/IBKR face PFOF scrutiny, but exchanges' premiums reflect growth tailwinds. Neutral outlook favors scaled players.
Research · Apr 10, 2026
CFTC vs. Illinois: Why IBKR, CME, and DKNG Are the Prediction Market Winners
CFTC's lawsuit against Illinois boosts prediction markets by asserting federal control, favoring platforms like IBKR's ForecastEx and CME's event contracts. DraftKings, Robinhood, and Coinbase gain from product launches, while JPMorgan eyes indirect entry. Ranked: IBKR > CME > DKNG.
Research · Apr 10, 2026
Iran War Hits Insurance Markets: CB and TRV Premiums Surge — Is the Rally Sustainable?
JPM CEO Jamie Dimon's prediction markets comments spotlight growth potential for exchanges like CME and brokers like IBKR. We rank six players by exposure, with CME leading on scale and profitability. Banks' entry could multiply volumes but intensify competition.