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Form 8-K · Current Report · Filed 2024-01-16

Interactive Brokers Group Reports Strong Q4 2023 Financial Results

Interactive Brokers Group, Inc. reported its financial results for the quarter ended December 31, 2023, showing an increase in both GAAP and adjusted earnings per share (EPS) compared to the year-ago quarter. The company reported GAAP diluted EPS of $1.48 and adjusted diluted EPS of $1.52, representing an increase from $1.31 and $1.30 respectively in the year-ago quarter. Net revenues also increased to $1,139 million on a GAAP basis and $1,149 million on an adjusted basis. The company's financial condition remained strong with total assets of $128.423 billion as of December 31, 2023. A quarterly cash dividend of $0.10 per share was declared, payable on March 14, 2024, to shareholders of record as of March 1, 2024.

Filer
Interactive Brokers Group Inc. IBKR · NASDAQ
Filed
Accession
0001381197-24-000050
CIK
0001381197
Signal
Medium impactFinancial Services

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$22.09

Next session

+0.9%

Since filing

+298.3%

Latest close

$87.99

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from IBKR reporting the same item, with the next session's move:

Exhibits (1)

About Interactive Brokers Group Inc.

Interactive Brokers Group Inc. is a leading brokerage firm that provides investment services to a diverse range of clientele, including individual investors, professional traders, and institutional clients. The company's primary function is to facilitate trading across various financial instruments such as stocks, options, futures, forex, and bonds. Notable for its technological prowess, Interactive Brokers is renowned for its sophisticated trading platforms and advanced market access tools that appeal particularly to experienced traders who require robust analytical features and a high degree of portfolio customization. Interactive Brokers operates globally, emphasizing its commitment to low-cost trading by providing competitive commission structures and deep market access. It has cultivated a significant presence in international markets, offering services that enable clients to trade on numerous exchanges spanning North America, Europe, and the Asia-Pacific region. This broad access supports diversified investment strategies and caters to a wide array of trading needs. As a pivotal player in the brokerage industry, Interactive Brokers contributes to financial market efficiencies by facilitating vast and varied transactional capabilities, thus enhancing liquidity and pricing mechanisms across global markets.

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