eToro Reports Third Quarter 2026 Earnings Growth and Announces $250 Million Share Repurchase Program
eToro (ETOR) reported strong third-quarter 2026 results, highlighted by an 18% year-over-year increase in funded accounts, which reached 4.39 million. The company's equity assets under administration climbed to $11.5 billion, demonstrating resilient user growth despite broader market volatility in the equity and cryptocurrency sectors. Management is pivoting toward high-tech integration and strategic expansion. CEO Yoni Assia emphasized the upcoming shift toward AI-driven 'agentic trades,' predicting that automated software agents will eventually surpass manual human clicks on the platform. Additionally, recent acquisitions like TradeZero are being leveraged to expand eToro's footprint in North American active trading, specifically adding options, futures, and short-selling capabilities. To reward shareholders and signal confidence in its valuation, eToro introduced a $250 million share repurchase program. The company remains focused on maintaining capital discipline while utilizing its profitable business model to fund further global expansion and digital banking services.
Tickers: $ETOR
Topics: AI trading agents funded accounts growth share repurchase program strategic acquisitions