Interactive Brokers Group Announces 3Q2016 Results

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Interactive Brokers (IBKR) Declares $0.10 Quarterly Dividend; 1.1% Yield

October 18, 2016 4:03 PM EDT

Interactive Brokers (NASDAQ: IBKR) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.

The dividend will be payable on December 14, 2016, to stockholders of record on December 1, 2016, with an ex-dividend date of November 29, 2016.

The annual yield on the dividend is 1.1 percent.

For a... More

Interactive Brokers (IBKR) Misses Q3 EPS by 4c

October 18, 2016 4:02 PM EDT

Interactive Brokers (NASDAQ: IBKR) reported Q3 EPS of $0.30, $0.04 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $345 million versus the consensus estimate of $351.79 million.

Business Highlights

56% Electronic Brokerage pretax profit margin for this quarter, down from 61% in the... More