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Sep 30, 2020
Interactive Brokers Q3 2020 Earnings Report
Reported diluted earnings per share of $0.58 and net revenues of $548 million.
Key Takeaways
Interactive Brokers Group reported a strong quarter with diluted earnings per share of $0.58 and net revenues of $548 million, driven by commission revenue growth. However, net interest income decreased due to lower benchmark interest rates.
Commission revenue increased by 49% due to higher customer trading volumes.
Net interest income decreased by 33% due to lower benchmark interest rates.
Customer equity grew by 49% to $232.7 billion.
Customer accounts increased by 47% to 981 thousand.