eToro grows funded accounts 18% to 4.39M in Q3 2026 as profit falls 74%

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eToro Group Ltd. reported an 18% year-over-year increase in funded accounts to 4.39 million as of September 30, 2026, followed by a provisional total of 4.42 million in October. Meanwhile, its GAAP net income fell 74% to $15 million from $57 million a year earlier. Net contribution declined 13% to $186 million, driven largely by weaker crypto trading activity, with October crypto trades down 62%. Capital markets net contribution rose 21%, while assets under administration stood at $20.8 billion in the third quarter before slipping to $19.2 billion in October. eToro also authorized a $250 million share repurchase, launched an AI-centric app and announced the acquisition of Argentine fintech LB Finanzas to strengthen its position in Latin America.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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