Interactive Brokers Q3 adjusted EPS misses expectations; dividend raised

Interactive Brokers

15/10/2026 21:13

Overview
Automated global broker's Q3 revenue rose and beat analyst expectations
Adjusted EPS for Q3 missed analyst expectations
Company raised quarterly dividend to $0.15 per share

Outlook
Company did not provide specific financial guidance for upcoming quarters or full year 

Result Drivers
NET INTEREST INCOME - Co said net interest income rose 19% due to higher average customer margin loans and customer credit balances
TRADING ACTIVITY - Co said commission revenue grew 12% on increased futures trading volume and higher daily average revenue trades, while stock and options volumes declined
OTHER FEES - Co said other fees and services rose 33%, mainly from higher risk exposure fees, payments for order flow, and market data fees

Company press release: ID:nBw9LD1tNa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.91 bln
$1.89 bln (7 Analysts)
Q3 Adjusted EPS
Miss
$0.67
$0.68 (12 Analysts)
Q3 EPS
 
$0.69
 
Q3 Net Income
 
$1.35 bln
 
Q3 Net Interest Income
 
$1.15 bln
 
Q3 Dividend
 
$0.15
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the investment banking & brokerage services peer group is "buy"
Wall Street's median 12-month price target for Interactive Brokers Group Inc is $106.80, about 26.9% above its October 14 closing price of $84.14
The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 32 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)