v3.26.1
SEGMENT REPORTING - Schedule of income statement (Details) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]    
Fee and commission income $ 156,734 $ 107,642
Net gain/(loss) on trading securities 79,778 45,602
Interest income 295,106 198,571
Net insurance revenue 124,175 143,815
Net (loss)/gain on foreign exchange operations 13,726 (12,893)
Net gain/(loss) on derivative 9,853 15,459
Sales of goods and services 41,510 17,224
Other income 11,645 8,561
TOTAL REVENUE, NET 732,527 523,981
Fee and commission expense 31,289 84,354
Interest expense 177,563 113,410
Insurance claims and policyholder benefits, net of reinsurance 131,582 64,996
Payroll and bonuses 153,127 92,505
Professional services 10,004 13,024
Stock compensation expense 23,235 23,054
Advertising and sponsorship expense 35,785 24,463
General and administrative expense 76,205 41,975
Allowance for expected credit losses/(recoveries) 17,659 4,822
Cost of sales 35,244 13,903
TOTAL EXPENSE 691,693 476,506
INCOME BEFORE INCOME TAX 40,834 47,475
Income tax (expense)/benefit (9,174) (10,119)
NET INCOME/(LOSS) 31,660 37,356
Brokerage    
Segment Reporting [Line Items]    
Fee and commission income 167,540 105,825
Net gain/(loss) on trading securities 1,082 7,063
Interest income 114,524 64,940
Net insurance revenue 0 0
Net (loss)/gain on foreign exchange operations (1,576) (2,445)
Net gain/(loss) on derivative (273) 50
Sales of goods and services 0 0
Other income 1,260 827
TOTAL REVENUE, NET 282,557 176,260
Fee and commission expense 17,799 10,787
Interest expense 9,819 16,082
Insurance claims and policyholder benefits, net of reinsurance 0 0
Payroll and bonuses 56,114 34,193
Professional services 2,401 1,917
Stock compensation expense 3,511 6,213
Advertising and sponsorship expense 10,503 8,262
General and administrative expense 14,558 10,788
Allowance for expected credit losses/(recoveries) 349 (2,323)
Cost of sales 0 0
TOTAL EXPENSE 115,054 85,919
INCOME BEFORE INCOME TAX 167,503 90,341
Income tax (expense)/benefit (33,857) (15,993)
NET INCOME/(LOSS) 133,646 74,348
Banking    
Segment Reporting [Line Items]    
Fee and commission income (26,736) (8,825)
Net gain/(loss) on trading securities 77,227 29,665
Interest income 150,660 115,929
Net insurance revenue 0 0
Net (loss)/gain on foreign exchange operations 15,463 (13,850)
Net gain/(loss) on derivative 7,812 16,900
Sales of goods and services 0 0
Other income 800 6,423
TOTAL REVENUE, NET 225,226 146,242
Fee and commission expense 8,387 5,603
Interest expense 130,091 79,237
Insurance claims and policyholder benefits, net of reinsurance 0 0
Payroll and bonuses 39,011 19,241
Professional services 69 195
Stock compensation expense 2,126 3,070
Advertising and sponsorship expense 1,175 923
General and administrative expense 25,213 12,316
Allowance for expected credit losses/(recoveries) 13,256 5,624
Cost of sales 0 0
TOTAL EXPENSE 219,328 126,209
INCOME BEFORE INCOME TAX 5,898 20,033
Income tax (expense)/benefit (2,213) (2,662)
NET INCOME/(LOSS) 3,685 17,371
Insurance    
Segment Reporting [Line Items]    
Fee and commission income 0 0
Net gain/(loss) on trading securities (890) 4,096
Interest income 26,644 16,500
Net insurance revenue 124,175 143,815
Net (loss)/gain on foreign exchange operations 96 (142)
Net gain/(loss) on derivative 0 0
Sales of goods and services 0 0
Other income 832 308
TOTAL REVENUE, NET 150,857 164,577
Fee and commission expense 2,388 65,517
Interest expense 2,032 2,629
Insurance claims and policyholder benefits, net of reinsurance 131,582 64,996
Payroll and bonuses 10,566 7,535
Professional services 704 707
Stock compensation expense 14,798 10,451
Advertising and sponsorship expense 174 249
General and administrative expense 2,908 2,074
Allowance for expected credit losses/(recoveries) 3,577 1,185
Cost of sales 0 0
TOTAL EXPENSE 168,729 155,343
INCOME BEFORE INCOME TAX (17,872) 9,234
Income tax (expense)/benefit (1,324) (4,118)
NET INCOME/(LOSS) (19,196) 5,116
Other    
Segment Reporting [Line Items]    
Fee and commission income 15,930 10,642
Net gain/(loss) on trading securities 2,359 4,778
Interest income 3,278 1,202
Net insurance revenue 0 0
Net (loss)/gain on foreign exchange operations (257) 3,544
Net gain/(loss) on derivative 2,314 (1,491)
Sales of goods and services 41,510 17,224
Other income 8,753 1,003
TOTAL REVENUE, NET 73,887 36,902
Fee and commission expense 2,715 2,447
Interest expense 35,621 15,462
Insurance claims and policyholder benefits, net of reinsurance 0 0
Payroll and bonuses 47,436 31,536
Professional services 6,830 10,205
Stock compensation expense 2,800 3,320
Advertising and sponsorship expense 23,933 15,029
General and administrative expense 33,526 16,797
Allowance for expected credit losses/(recoveries) 477 336
Cost of sales 35,244 13,903
TOTAL EXPENSE 188,582 109,035
INCOME BEFORE INCOME TAX (114,695) (72,133)
Income tax (expense)/benefit 28,220 12,654
NET INCOME/(LOSS) $ (86,475) $ (59,479)