Quarterly report [Sections 13 or 15(d)]

NET INTEREST INCOME/EXPENSE (Tables)

v3.25.4
NET INTEREST INCOME/EXPENSE (Tables)
9 Months Ended
Dec. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Interest Income and Interest Expense Disclosure
Net interest income/expense for the three months ended December 31, 2025 and December 31, 2024 includes:
Three months ended December 31, 2025
Three months ended December 31, 2024
Interest income:
Interest income on loans to customers $ 75,168  $ 51,089 
Interest income on margin loans to customers 73,937  61,295 
Interest income on trading securities 40,948  95,666 
Interest income on held-to-maturity securities 19,298  — 
Interest income on securities available-for-sale 14,790  11,027 
Interest income on reverse repurchase agreements and amounts due from banks 4,653  5,611 
Total interest income $ 228,794  $ 224,688 
Interest expense:
Interest expense on customer accounts and deposits $ 54,272  $ 27,288 
Interest expense on securities repurchase agreement obligations 40,198  88,526 
Interest expense on debt securities issued 24,524  9,974 
Interest expense on margin lending payable 6,031  4,818 
Other interest expense 1,894  — 
Interest expense on loans received 996  530 
Total interest expense $ 127,915  $ 131,136 
Net interest income $ 100,879  $ 93,552 

Net interest income/expense for the nine months ended December 31, 2025 and December 31, 2024 includes:
Nine months ended December 31, 2025
Nine months ended December 31, 2024
Interest income:
Interest income on margin loans to customers $ 207,040  $ 153,279 
Interest income on loans to customers 203,540  152,849 
Interest income on trading securities 131,193  307,786 
Interest income on securities available-for-sale 42,047  28,430 
Interest income on held-to-maturity securities 39,827  — 
Interest income on reverse repurchase agreements and amounts due from banks 15,380  18,672 
Total interest income $ 639,027  $ 661,016 
Interest expense:
Interest expense on customer accounts and deposits $ 136,628  $ 74,111 
Interest expense on securities repurchase agreement obligations 119,710  267,049 
Interest expense on debt securities issued 55,775  23,912 
Interest expense on margin lending payable 25,003  35,357 
Interest expense on loans received 2,081  1,042 
Other interest expense 4,387  48 
Total interest expense $ 343,584  $ 401,519 
Net interest income $ 295,443  $ 259,497