Annual report [Section 13 and 15(d), not S-K Item 405]

NET INTEREST INCOME/EXPENSE (Tables)

v3.26.1
NET INTEREST INCOME/EXPENSE (Tables)
12 Months Ended
Mar. 31, 2026
Interest Income (Expense), Operating [Abstract]  
Schedule of net interest income/expense
Net interest income/expense includes:
Year ended
March 31, 2026
Year ended
March 31, 2025
Year ended March 31, 2024
Interest income:
Interest income on loans to customers $ 283,657  $ 207,802  $ 176,539 
Interest income on margin loans to customers 277,633  212,360  175,571 
Interest income on trading securities 191,021  378,350  426,428 
Interest income on available-for-sale securities
58,276  40,297  32,821 
Interest income on held-to-maturity securities
49,670  1,000  — 
Interest income on reverse repurchase agreements and amounts due from banks 21,208  24,644  16,865 
Other interest income
1,013  —  — 
Total interest income $ 882,478  $ 864,453  $ 828,224 
Interest expense:
Interest expense on customer accounts and deposits $ 204,578  $ 111,541  $ 70,778 
Interest expense on securities repurchase agreement obligations 162,760  340,863  402,665 
Interest expense on debt securities issued 81,757  36,130  10,356 
Interest expense on margin lending payable 31,687  45,748  16,990 
Interest expense on loans received 2,950  1,568  124 
Other interest expense 5,304  45  198 
Total interest expense $ 489,036  $ 535,895  $ 501,111 
Net interest income $ 393,442  $ 328,558  $ 327,113