Interactive Brokers Q2 2022 Earnings Report
Key Takeaways
Interactive Brokers Group reported a decrease in net revenues and earnings per share for the second quarter of 2022. Net revenues decreased to $656 million from $754 million in the year-ago quarter. Diluted earnings per share were $0.72, down from $1.00 in the same quarter last year. The company saw an increase in commission revenue and net interest income, but this was offset by a decrease in other income.
Net revenues decreased to $656 million, compared to $754 million in the year-ago quarter.
Diluted earnings per share (EPS) decreased to $0.72, down from $1.00 in the year-ago quarter.
Commission revenue increased by 5% to $322 million due to higher customer options and futures trading volume.
Net interest income increased by 27% to $348 million driven by higher benchmark interest rates and customer balances.
Interactive Brokers
Interactive Brokers
Interactive Brokers Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income