NASDAQ$IBKR

Interactive Brokers Group · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported diluted earnings per share of $0.43 and adjusted diluted earnings per share of $0.78.

Interactive Brokers Group reported a decrease in net revenues to $464 million and a decrease in income before income taxes to $234 million for the quarter ended September 30, 2021. Diluted earnings per share were $0.43, while adjusted diluted earnings per share reached $0.78. The company's board declared a quarterly dividend of $0.10 per share.

  • Commission revenue increased by $32 million, or 11%, driven by higher customer stock and options trading volumes.
  • Net interest income increased by $79 million, or 41%, due to higher margin loan balances and strong securities lending activity.
  • Customer accounts increased 57% to 1.54 million and customer equity grew 52% to $353.8 billion.
  • Total DARTs increased 24% to 2.26 million.

Headline financials

Total Revenue

$464M

Previous: $548M-15.3%
EPS (adj)

$0.78

Previous: $0.53+47.2%
Customer Accounts

1.5M

Previous: 981.0K+57.0%
Customer Equity

$354B

No prior period
Free Cash Flow

$206M

No prior period
Net Income

$206M

Previous: $302M-31.8%
Operating Income

$391M

Previous: $334M+17.1%
Gross Profit

$464M

Previous: $521M-10.9%
Cash & Equivalents

$2.84B

Previous: $3.29B-13.8%
Total Assets

$106B

Previous: $84.7B+25.5%
Stock-Based Comp

$17M

Previous: $17M+0.0%

Revenue & EPS history

Interactive Brokers · Revenue · Quarterly

$464M

Q3 2021-15.3%vs Q3 2020
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Revenue by segment

Interactive Brokers · $360M total across 2 segments · Q3 2021

  • Commissions
    $311M
  • Other Fees & Services
    $49M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-0.2%

Avg return

Earnings day

-1.9%

Avg return

5 days after

+3.0%

Avg return

30 days after

41%

28 / 68 earnings

Positive

+13.9%

Q1 2014

Best reaction

-11.2%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%-2.5%+2.1%
Q4 2025+7.6%+5.4%+4.0%
Q3 2025-3.4%-5.5%-3.6%
Q2 2025-1.0%-2.3%-0.3%
Q1 2025-9.0%-11.5%+20.6%
Q3 2024-3.0%-1.6%+17.6%
Q2 2024-1.0%-3.2%-3.5%
Q1 2024+0.1%+2.2%+11.6%
Q4 2023+0.9%+1.6%+18.4%
Q3 2023-3.5%-6.7%-8.6%
Q2 2023-2.2%-0.4%+8.1%
Q1 2023+0.4%-3.2%-9.6%
Q4 2022+4.8%+2.2%+13.3%
Q3 2022+10.7%+11.6%+9.1%
Q2 2022+2.7%+2.3%+15.9%
Q1 2022+3.9%-4.6%-14.0%
Q4 2021-3.5%-7.3%-4.8%
Q3 2021+4.7%+4.0%+4.2%
Q2 2021+1.8%-1.9%-1.9%
Q1 2021-5.1%-5.2%-13.7%
Q4 2020-1.4%-0.2%+8.0%
Q3 2020+0.3%+0.1%+8.2%
Q2 2020+0.1%-4.1%+1.5%
Q1 2020-11.2%-13.0%-12.2%
Q4 2019-1.9%-5.0%+13.7%
Q3 2019-2.0%-4.3%-0.9%
Q2 2019-3.9%-3.0%-10.9%
Q1 2019-0.5%+0.8%+2.4%
Q4 2018-7.9%-7.5%+1.6%
Q3 2018+1.9%-3.4%+2.8%
Q2 2018+4.2%-0.0%-2.9%
Q1 2018-0.6%+2.0%+7.9%
Q4 2017-0.8%-1.0%+7.6%
Q3 2017+4.3%+3.5%+14.0%
Q2 2017-1.5%+2.6%+7.8%
Q1 2017-1.8%-1.4%+0.6%
Q4 2016-4.3%-5.0%+0.1%
Q3 2016-2.3%-3.0%+9.1%
Q2 2016-5.8%-5.5%-4.5%
Q1 2016+0.2%
Q4 2015-1.9%
Q3 2015-3.6%
Q2 2015-2.1%
Q1 2015+5.1%
Q4 2014+3.3%
Q3 2014+3.8%
Q2 2014-3.7%
Q1 2014+13.9%
Q4 2013-1.4%
Q3 2013-0.3%
Q2 2013+2.7%
Q1 2013+2.4%
Q4 2012-1.1%
Q3 2012+3.7%
Q2 2012+1.2%
Q1 2012-0.6%
Q4 2011-0.1%
Q3 2011-1.5%
Q2 2011-2.3%
Q1 2010-0.3%
Q1 2011+1.9%
Q4 2010-1.0%
Q4 2008-1.0%
Q3 2009+0.6%
Q3 2010+0.6%
Q4 2009-0.6%
Q2 2009-0.6%
Q2 2010-0.6%

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