1301 ET - Interactive Brokers' clients have deleveraged slightly this month, Chief Executive Milan Galik said during the company's earnings call, helping fuel a downward move for the stock. But Citi analysts say positive account growth remains the key metric for the company's long-term story. In a research note, they point to the company's continued expansion of commission revenues and its ability to drive year-over-year growth in net interest income despite lower rates. Galik said the company saw a significant increase in the number of approved accounts on its platform so far this month. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
April 16, 2025 13:01 ET (17:01 GMT)
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