Quarterly report [Sections 13 or 15(d)]

NET INTEREST INCOME/EXPENSE (Tables)

v3.26.1
NET INTEREST INCOME/EXPENSE (Tables)
3 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Interest Income and Interest Expense Disclosure
Net interest income/expense for the three months ended June 30, 2026 and June 30, 2025 includes:
Three months ended June 30, 2026
Three months ended June 30, 2025
Interest income:
Interest income on margin loans to customers $ 108,190  $ 60,289 
Interest income on loans to customers 81,481  61,694 
Interest income on trading securities 59,810  52,576 
Interest income on securities available-for-sale 20,034  13,383 
Interest income on held-to-maturity securities 17,080  5,173 
Interest income on reverse repurchase agreements and amounts due from banks 7,585  5,456 
Other interest income 926  — 
Total interest income $ 295,106  $ 198,571 
Interest expense:
Interest expense on customer accounts and deposits $ 86,917  $ 39,332 
Interest expense on securities repurchase agreement obligations 48,176  45,461 
Interest expense on debt securities issued 33,234  13,751 
Interest expense on margin lending payable 6,889  13,374 
Interest expense on loans received 2,061  510 
Other interest expense 286  982 
Total interest expense $ 177,563  $ 113,410 
Net interest income $ 117,543  $ 85,161