earnings
confidence high
sentiment positive
materiality 0.75
Interactive Brokers Q1 EPS $1.61/$1.64 adj; dividend raised to $0.25 from $0.10
Interactive Brokers Group, Inc.
2024-Q1 EPS reported
$1.61
revenue$438,000,000
- GAAP diluted EPS $1.61, adjusted EPS $1.64; vs. $1.42/$1.35 in year-ago quarter.
- GAAP net revenues $1,203M, adjusted $1,216M; up 14%/20% YoY.
- Quarterly cash dividend increased to $0.25/share from $0.10; payable June 14, record May 31.
- Net interest income $747M (+17% YoY) on higher rates, margin loans, and customer credit balances.
- Pretax profit margin 72% both as reported and adjusted; commission revenue up 6% to $379M.