earnings
confidence high
sentiment positive
materiality 0.80
Interactive Brokers Q2 EPS $1.20 vs $0.72 YoY; net interest income doubles
Interactive Brokers Group, Inc.
2023-Q2 EPS reported
$2.62
revenue$769,000,000
- GAAP diluted EPS $1.20, adjusted $1.32; year-ago was $0.72/$0.84.
- GAAP net revenues $1,000M, adjusted $1,064M; year-ago was $656M/$717M.
- Net interest income up 99% to $694M on higher benchmark rates and customer credit balances.
- G&A expenses rose $43M to $85M, driven by regulatory reserves for unapproved messaging probe.
- Quarterly dividend $0.10/share declared, payable Sep 14 to holders of record Sep 1.