Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Triveni Kothapalli

SHOCKING: Interactive brokers boosts profits as lending activity soars | Mind Blowing Facts

Interactive Brokers Group Inc.

Interactive Brokers Group Inc. (NASDAQ:IBKR) delivered a stronger-than-expected performance in the third quarter, fueled by robust securities lending activity that boosted net interest income.

Following the earnings release, Keefe, Bruyette & Woods (KBW) analyst Kyle Voigt maintained a Market Perform rating on Interactive Brokers with a $72 price forecast.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.