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Mar 31, 2023
Interactive Brokers Q1 2023 Earnings Report
Reported a strong first quarter with increased revenues and earnings per share.
Key Takeaways
Interactive Brokers Group reported a strong first quarter with a 63% increase in net revenues and a 92% increase in diluted earnings per share compared to the year-ago quarter. The company benefited from higher net interest income and increased commission revenue.
Diluted EPS was $1.42, up from $0.74 in the year-ago quarter.
Net revenues reached $1,056 million, a significant increase from $645 million in the year-ago quarter.
Net interest income increased 126% to $637 million due to higher interest rates and customer credit balances.
Customer accounts increased 21% to 2.20 million.
Interactive Brokers
Interactive Brokers
Interactive Brokers Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income