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Mar 31, 2024
Interactive Brokers Q1 2024 Earnings Report
Reported an increase in net revenues, commission revenue, customer accounts, and customer equity compared to the same quarter last year. The board also raised the quarterly dividend.
Key Takeaways
Interactive Brokers Group reported a strong first quarter with increased net revenues and earnings per share. The company saw growth in customer accounts and equity, driven by higher trading volumes and net interest income. The board declared an increase in the quarterly cash dividend.
Diluted EPS was $1.61, and adjusted EPS was $1.64.
Net revenues were $1,203 million, with adjusted net revenues of $1,216 million.
The quarterly dividend was raised from $0.10 to $0.25 per share.
Customer accounts increased 25% to 2.75 million.
Interactive Brokers
Interactive Brokers
Interactive Brokers Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in this earnings report.