Interactive Brokers Group Files 8-K Amendment

TL;DR

IBKR filed an 8-K amendment on Oct 21, updating financial info from Oct 15.

AI Summary

Interactive Brokers Group, Inc. filed an amendment (Amendment No. 1) to its Form 8-K on October 21, 2024, related to events reported as of October 15, 2024. This amendment pertains to the "Results of Operations and Financial Condition" and "Financial Statements and Exhibits" sections of the original filing.

Why It Matters

This filing is an amendment to a previous report, indicating that the company is providing updated or corrected information regarding its financial condition or results of operations.

Risk Assessment

Risk Level: low — This is a routine amendment to a previous filing, not indicating new negative events.

Key Numbers

• 001-33440 — SEC File Number (Identifies the specific SEC filing for Interactive Brokers Group, Inc.)
• 30-0390693 — I.R.S. Employer Identification Number (Tax identification number for the company.)

Key Players & Entities

• Interactive Brokers Group, Inc. (company) — Registrant
• October 15, 2024 (date) — Earliest Event Reported Date
• October 21, 2024 (date) — Filing Date
• Delaware (jurisdiction) — State of Incorporation
• Greenwich, Connecticut (location) — Principal Executive Offices Address

FAQ

Key Financial Figures

• $78 million — ember 30, 2024. The settlement will add $78 million to reported general and administrative
• $153 million — : General and administrative expenses: $153 million Income available for common stockholde
• $184 million — come available for common stockholders: $184 million Adjusted net income available for comm
• $176 million — come available for common stockholders: $176 million Diluted earnings per share: $1.67 Adj
• $1.67 — 76 million Diluted earnings per share: $1.67 Adjusted diluted earnings per share: $
• $1.61 — 7 Adjusted diluted earnings per share: $1.61 Total equity: $16.0 billion The Compa
• $16.0 billion — arnings per share: $1.61 Total equity: $16.0 billion The Company is also furnishing revised

Filing Documents

• ibkr_8ka-20240930.htm (8-K/A) — 291KB
• 0001381197-24-000140.txt ( ) — 437KB
• ibkr-20241015.xsd (EX-101.SCH) — 4KB
• ibkr-20241015_lab.xml (EX-101.LAB) — 21KB
• ibkr-20241015_pre.xml (EX-101.PRE) — 16KB
• ibkr_8ka-20240930_htm.xml (XML) — 4KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition On October 15, 2024, Interactive Brokers Group, Inc. (the "Company") issued a press release reporting its financial results for the quarter ended September 30, 2024. Subsequently, Interactive Brokers LLC reached agreements in principle to settle certain disputes which relate back to events that took place prior to the end of the quarter ended September 30, 2024. The settlement will add $78 million to reported general and administrative expenses for the quarter ended September 30, 2024, and will result in the following revised operating results for the Company: General and administrative expenses: $153 million Income available for common stockholders: $184 million Adjusted net income available for common stockholders: $176 million Diluted earnings per share: $1.67 Adjusted diluted earnings per share: $1.61 Total equity: $16.0 billion The Company is also furnishing revised unaudited Consolidated Statements of Income, Consolidated Statements of Comprehensive Income, Condensed Consolidated Statements of Financial Condition, and Reconciliation of Non-GAAP Financial Measures. The statements that were included in the October 15, 2024 press release should no longer be relied upon. The information disclosed under this Item 2.02 is being "furnished" and shall not be deemed "filed" by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. 1 INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES REVISED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) Three Months Nine Months Ended September 30, Ended September 30, 2024 2023 2024 2023 (in millions, except share and per share data) Revenues:

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. Exhibits 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL Document). *** 7 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: October 20, 2024 INTERACTIVE BROKERS GROUP, INC. By: /s/ Paul J. Brody Name: Paul J. Brody Title: Chief Financial Officer, Treasurer and Secretary

View Full Filing

View this 8-K/A filing on SEC EDGAR