Interactive Brokers Q1 diluted EPS rises to $1.61; quarterly dividend raised to $0.25
Interactive Brokers reported first-quarter 2024 results on April 16, 2024, with diluted EPS of $1.61 versus $1.42 a year earlier and net revenues of $1,203 million versus $1,056 million. The board also raised the quarterly cash dividend from $0.10 to $0.25 per share, payable June 14, 2024, to holders of record as of May 31, 2024.
- Diluted EPS was $1.61 versus $1.42 a year earlier; adjusted diluted EPS was $1.64 versus $1.35.
- Net revenues were $1,203 million versus $1,056 million; net interest income rose 17% to $747 million.
- Quarterly dividend raised from $0.10 to $0.25 per share, payable June 14, 2024, to shareholders of record as of May 31, 2024.
- Customer accounts rose 25% to 2.75 million and customer equity rose 36% to $465.9 billion.