Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, today reported diluted earnings per share on a comprehensive basis of $0.29 for the quarter ended June 30, 2014, compared to diluted earnings per share on a comprehensive basis of $0.14 for the same period in 2013.
On a non-comprehensive basis, which excludes the effect of changes in the U.S. dollar value of the Company’s non-U.S. subsidiaries, the Company reported diluted earnings per share on net income of $0.26 for the quarter ended June 30, 2014, compared to diluted earnings per share of $0.21 for the same period in 2013.
Net revenues were $309 million and income before income taxes was $174 million for this quarter, compared to net revenues of $284 million and income before income taxes of $134 million for the same period in 2013.
The Interactive Brokers Group, Inc. Board of Directors declared a quarterly cash dividend of $0.10 per share. This dividend is payable on September 12, 2014 to shareholders of record as of August 29, 2014.Business Highlights
- 56% pretax profit margin for this quarter, up from 47% in the year-ago quarter and 42% average for prior year.
- 60% Electronic Brokerage pretax profit margin for this quarter, up from 58% in the year-ago quarter.
- Customer equity grew 44% from the year-ago quarter to $53.9 billion and customer debits increased by 38%, to $15.4 billion.
- Customer accounts grew 17% from the year-ago quarter to 262 thousand.
- Total DARTs increased 5% from the year-ago quarter to 529 thousand.
- Brokerage segment equity was $2.7 billion. Total equity was $5.3 billion.
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