Interactive Brokers reports $0.44 Earnings Per Share on comprehensive basis compared to $0.29 for the same period in 2014
Interactive Brokers Group has issued an announcement to inform for 2Q2015 Results
The company reports:
- Comprehensive Earnings per Share of $0.44
- Income Before Taxes of $240 Million on $387 Million in Net Revenues
- Earnings Per Share on Net Income of $0.37
- Declares Quarterly Dividend of $0.10 Per Share
Diluted earnings per share on a comprehensive basis of $0.44 for the quarter ended June 30, 2015, compared to diluted earnings per share on a comprehensive basis of $0.29 for the same period in 2014.
Excluding other comprehensive income, the Company reported diluted earnings per share of $0.37 for the quarter ended June 30, 2015, compared to diluted earnings per share of $0.26 for the same period in 2014.
Net revenues were $387 million and income before income taxes was $240 million this quarter, compared to net revenues of $309 million and income before income taxes of $174 million for the same period in 2014.
The Interactive Brokers Group, Inc. Board of Directors declared a quarterly cash dividend of $0.10 per share.
This dividend is payable on September 14, 2015 to shareholders of record as of September 1, 2015.
Business Highlights
- 65% Electronic Brokerage pretax profit margin for this quarter, up from 59% in the year-ago quarter.
- 42% Market Making pretax profit margin for this quarter, up from 37% in the year-ago quarter.
- Customer equity grew 22% from the year-ago quarter to $66.0 billion and customer debits increased by 23% to $19.0 billion.
- Customer accounts increased 18% from the year-ago quarter to 310 thousand.
- Total DARTs increased 16% from year-ago quarter to 616 thousand.
- Brokerage segment equity was $3.3 billion. Total equity was $5.2 billion
Read full release: Q2_15_earnings_release
Source: Interactive Brokers