Interactive Brokers Group Announces 2Q2020 Results
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Interactive Brokers (IBKR) Declares $0.10 Quarterly Dividend; 0.8% Yield
July 21, 2020 4:18 PM EDTInteractive Brokers (NASDAQ: IBKR) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.
The dividend will be payable on September 14, 2020, to stockholders of record on September 1, 2020, with an ex-dividend date of August 31, 2020.
The annual yield on the dividend is 0.8 percent.
For a... More
Interactive Brokers (IBKR) Tops Q2 EPS by 26c, Revenues Beat
July 21, 2020 4:02 PM EDTInteractive Brokers (NASDAQ: IBKR) reported Q2 EPS of $0.57, $0.26 better than the analyst estimate of $0.31. Revenue for the quarter came in at $539 million versus the consensus estimate of $483.61 million.
Financial Highlights
Commission revenue showed strong growth, increasing $98 million, or 55%, from the year-ago quarter on higher customer trading volumes within an active trading environment worldwide.Net interest income decreased... More