Tag: Q4 earnings

Interactive Brokers
January 17, 2024 BY Simon Mugo

Interactive Brokers Q4 2023 Revenues Surge on Options Volume

The company earned $816 million before tax, with an adjusted income of $831 million. This is a substantial increase from the $689 million income before tax (adjusted to $671 million) reported in the corresponding quarter of the previous year. Diluted earnings per share were reported at $1.48, with an adjusted value of $1.52, showing a…

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January 12, 2024 BY Simon Mugo

Citigroup Reports a $1.8Bn Q4 2023 Loss on Multiple Charges

Fraser has initiated a multi-year plan aimed at reducing administrative complexity, enhancing profitability, and improving the performance of the company's stock, which has historically underperformed compared to its counterparts. For the quarter ending December 31, Citigroup reported a loss of $1.16 per share. This result was negatively impacted by $3.8 billion in charges and reserves,…

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