Interactive Brokers Q2 2024 10-Q Filed

TL;DR

**IBKR Q2 10-Q is IN! Financials updated as of June 30, 2024. Check it out.**

AI Summary

Interactive Brokers Group, Inc. filed its 10-Q for the period ending June 30, 2024. The filing covers the second quarter of 2024 and includes financial data for common stock and retained earnings as of June 30, 2024. A subsequent event was noted on July 25, 2024.

Why It Matters

This filing provides investors with the latest financial performance and position of Interactive Brokers Group, Inc., crucial for understanding the company's health and future prospects.

Risk Assessment

Risk Level: low — This is a routine quarterly financial filing with no immediate red flags.

Key Numbers

• 2024-06-30 — Reporting Period End Date (Indicates the cutoff for the financial data presented.)
• 2024-07-25 — Subsequent Event Date (Highlights a significant event that occurred after the reporting period.)

Key Players & Entities

• Interactive Brokers Group, Inc. (company) — Filer of the 10-Q
• 2024-06-30 (date) — End of reporting period
• 2024-07-25 (date) — Date of a subsequent event

FAQ

Key Financial Figures

• $0.01 — ssuer's Class A common stock, par value $0.01 per share, outstanding and 100 shares o

Filing Documents

• ibkr-20240630x10q.htm (10-Q) — 7865KB
• ibkr-20240630xex31_1.htm (EX-31.1) — 16KB
• ibkr-20240630xex31_2.htm (EX-31.2) — 15KB
• ibkr-20240630xex32_1.htm (EX-32.1) — 9KB
• ibkr-20240630xex32_2.htm (EX-32.2) — 8KB
• 0001381197-24-000124.txt ( ) — 26180KB
• ibkr-20240630.xsd (EX-101.SCH) — 88KB
• ibkr-20240630_cal.xml (EX-101.CAL) — 107KB
• ibkr-20240630_def.xml (EX-101.DEF) — 236KB
• ibkr-20240630_lab.xml (EX-101.LAB) — 605KB
• ibkr-20240630_pre.xml (EX-101.PRE) — 431KB
• ibkr-20240630x10q_htm.xml (XML) — 7257KB

Financial Statements (Unaudited)

Financial Statements (Unaudited) Condensed Consolidated Statements of Financial Condition 2 Condensed Consolidated Statements of Comprehensive Income 3 Condensed Consolidated Statements of Cash Flows 4 Condensed Consolidated Statements of Changes in Equity 5 Notes to Condensed Consolidated Financial Statements 7 ITEM 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 39 ITEM 3.

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 61 ITEM 4.

Controls and Procedures

Controls and Procedures 66 PART II . OTHER INFORMATION ITEM 1.

Legal Proceedings

Legal Proceedings 67 ITEM 1A.

Risk Factors

Risk Factors 67 ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds 67 ITEM 3. Defaults upon Senior Securities 67 ITEM 5. Other Information 68 ITEM 6. Exhibits 69 Signature i Table of Contents

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION

FINANCIAL STATEMENTS (Unaudited)

ITEM 1. FINANCIAL STATEMENTS (Unaudited) Interactive Brokers Group, Inc. and Subsidiaries Condensed Consolidated Statements of Financial Condition (Unaudited) June 30, December 31, (in millions, except share amounts) 2024 2023 Assets Cash and cash equivalents $ 3,918 $ 3,753 Cash - segregated for regulatory purposes 31,370 28,840 Securities - segregated for regulatory purposes 28,318 35,386 Securities borrowed 6,218 5,835 Securities purchased under agreements to resell 6,211 5,504 Financial instruments owned, at fair value Financial instruments owned 1,658 1,422 Financial instruments owned and pledged as collateral 108 66 Total financial instruments owned, at fair value 1,766 1,488 Receivables Customers, less allowance for credit losses of $ 16 and $ 10 as of June 30, 2024 and December 31, 2023 55,252 44,472 Brokers, dealers, and clearing organizations 1,810 1,643 Interest 503 375 Total receivables 57,565 46,490 Other assets 1,282 1,127 Total assets $ 136,648 $ 128,423 Liabilities and equity Short-term borrowings $ 11 $ 17 Securities loaned 15,682 11,347 Financial instruments sold, but not yet purchased, at fair value 473 193 Payables Customers 103,373 101,012 Brokers, dealers, and clearing organizations 570 590 Affiliate 192 210 Accounts payable, accrued expenses and other liabilities 843 676 Interest 320 311 Total payables 105,298 102,799 Total liabilities 121,464 114,356 Commitments, contingencies and guarantees (see Note 13) Equity Stockholders' equity Common stock, $ 0.01 par value per share Class A – Authorized - 1,000,000,000 , Issued - 108,626,224 and 107,178,928 shares, Outstanding – 108,485,969 and 107,045,894 shares as of June 30, 2024 and December 31, 2023 1 1 Class B – Authorized, Issued and Outstanding – 100 shares as of June 30, 2024 and December 31, 2023

View Full Filing

View this 10-Q filing on SEC EDGAR