Interactive Brokers said GAAP diluted earnings per share for Q1 2024 were $1.61, and adjusted earnings per share were $1.64. For the year-ago quarter, GAAP diluted earnings per share were $1.42, and adjusted earnings per share were $1.35.

1. 01

   Interactive Brokers said GAAP diluted earnings per share for Q1 2024 were $1.61, and adjusted earnings per share were $1.64. For the year-ago quarter, GAAP diluted earnings per share were $1.42, and adjusted earnings per share were $1.35.

2. 02

   The company said GAAP net revenues for Q1 2024 were $1,203 million and income before income taxes was $866 million, or $1,216 million and $879 million on an adjusted basis. It said GAAP net revenues for the year-ago quarter were $1,056 million.

3. 03

   Interactive Brokers said net interest income for Q1 2024 rose 17% from a year earlier to $747 million, and it cited higher benchmark interest rates and growth in customer margin loans and customer credit balances as factors. Commission revenue increased 6% to $379 million.

4. 04

   The company said its Board of Directors declared an increase in the quarterly cash dividend from $0.10 to $0.25 per share. The dividend is payable on June 14, 2024 to shareholders of record as of May 31, 2024.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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