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Dec 31, 2020

Interactive Brokers Q4 2020 Earnings Report

Diluted earnings per share and net revenues were reported for the fourth quarter of 2020.

Key Takeaways

Interactive Brokers Group reported a strong fourth quarter in 2020, with diluted earnings per share of $0.81 and net revenues of $599 million. The company saw significant growth in commission revenue and customer accounts, driven by increased trading activity.

Diluted earnings per share reached $0.81, up from $0.57 in the same period last year.

Net revenues totaled $599 million, compared to $500 million in the year-ago quarter.

Customer accounts increased by 56% year-over-year, reaching 1.07 million.

Commission revenue grew by 71% compared to the same quarter last year.

Total Revenue
$599M
Previous year: $500M
+19.8%
EPS
$0.69
Previous year: $0.58
+19.0%
Customer Accounts
1.07M
Previous year: 690K
+55.5%
Customer Equity
$289B
Previous year: $174B
+65.8%
Gross Profit
$612M
Previous year: $486M
+25.9%
Cash and Equivalents
$4.29B
Previous year: $2.88B
+48.9%
Total Assets
$95.7B
Previous year: $71.7B
+33.5%

Interactive Brokers

Interactive Brokers

Interactive Brokers Revenue by Segment

Forward Guidance

The company did not provide specific forward guidance but noted the potential impact of the COVID-19 pandemic on future financial results.

Revenue & Expenses

Visualization of income flow from segment revenue to net income