AI brief of an SEC Form 8-K · Interactive Brokers (IBKR)

Interactive Brokers Q2 GAAP EPS rises to $1.20 from $0.72 a year earlier

Positive Impact 3 of 5 earnings Written later

Interactive Brokers reported second-quarter 2023 results that improved sharply from the year-ago quarter, with GAAP diluted earnings per share of $1.20 versus $0.72 and net revenues of $1.0 billion versus $656 million. The board also declared a quarterly cash dividend of $0.10 per share, payable September 14, 2023 to holders of record as of September 1, 2023.

Key points

  • GAAP diluted EPS was $1.20 for Q2 2023 versus $0.72 a year earlier; adjusted diluted EPS was $1.32 versus $0.84.
  • Net interest income rose to $694 million from $348 million, driven by higher benchmark interest rates and customer credit balances.
  • General and administrative expenses increased to $85 million, largely due to reserves tied to regulatory investigations into electronic messaging and record-keeping.
  • Quarterly cash dividend of $0.10 per share is payable September 14, 2023.

The filing

CompanyInteractive Brokers (IBKR)
Form8-K, current report
Filed with the SECJul 18, 2023, 4:01 PM ET
Accession number0001381197-23-000045

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 18, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.