v3.25.1
FEE AND COMMISSION INCOME AND EXPENSE (Tables)
12 Months Ended
Mar. 31, 2025
Receivables [Abstract]  
Disclosure of Fee and Commission Income
During the year ended March 31, 2025, March 31, 2024 and March 31, 2023 fee and commission income was comprised of:
Year ended March 31, 2025
Brokerage
Banking
InsuranceOtherTotal
Brokerage services$430,136 $— $— $— $430,136 
Commission income from payment processing— — — 28,711 28,711 
Agency fee income— — — 15,616 15,616 
Bank services— 13,336 — — 13,336 
Underwriting and market-making services11,210 — — — 11,210 
Other fee and commission income493 1,353 — 4,171 6,017 
Total fee and commission income$441,839 $14,689 $ $48,498 $505,026 
Agency fee expense— 36 284,019 — 284,055 
Brokerage services19,846 — — — 19,846 
Bank services4,806 14,419 538 301 20,064 
Exchange services1,546 — — 230 1,776 
Central Depository services706 — — 707 
Other commission expenses2,376 107 22 17,121 19,626 
Total fee and commission expense29,280 14,562 284,580 17,652 346,074 
Year ended March 31, 2024
Brokerage
Banking
InsuranceOtherTotal
Brokerage services$333,383 $— $— $— $333,383 
Commission income from payment processing— — — 41,659 41,659 
Bank services— 25,180 — — 25,180 
Underwriting and market-making services18,801 — — — 18,801 
Agency fee income— 108 296 15,468 15,872 
Other fee and commission income297 948 — 4,193 5,438 
Total fee and commission income$352,481 $26,236 $296 $61,320 $440,333 
Agency fee expense— — 103,020 — 103,020 
Bank services2,538 13,217 208 2,158 18,121 
Brokerage services16,506 76 16,587 
Exchange services3,133 — — 169 3,302 
Central Depository services446 — — — 446 
Other commission expenses2,117 — 115 10,643 12,875 
Total fee and commission expense24,740 13,219 103,346 13,046 154,351 
Year ended March 31, 2023
Brokerage
Banking
InsuranceOtherTotal
Brokerage services$286,732 $— $— $— $286,732 
Bank services— 17,964 — — 17,964 
Underwriting and market-making services11,948 — — — 11,948 
Commission income from payment processing— — — 6,385 6,385 
Agency fee income— — 87 — 87 
Other fee and commission income390 244 41 3,424 4,099 
Total fee and commission income$299,070 $18,208 $128 $9,809 $327,215 
Brokerage services25,551 — 17 14 25,582 
Agency fee expense— — 22,807 — 22,807 
Bank services3,175 9,097 — — 12,272 
Exchange services2,413 — — 218 2,631 
Central Depository services364 — — — 364 
Other commission expenses1,623 — — 381 2,004 
Total fee and commission expense33,126 9,097 22,824 613 65,660