IBKR: Interactive Brokers Misses Q1 Earnings: Analyst Flags Weaker Securities Lending Revenue

Keefe, Bruyette & Woods analyst Kyle Voigt reiterated the Market Perform rating on Interactive Brokers Group, Inc. IBKR , with a price forecast of $181. On Tuesday, Interactive Brokers released its first-quarter results. It reported quarterly earnings of $1.88 per share, which missed the analyst consensus estimate of $1.92. The analyst noted that the earnings miss was mainly due to a decline in net interest income, largely caused by weaker securities lending revenue. In the first quarter, Interactive Brokers' net interest income increased 3% to $770 million on higher average customer margin loans and customer credit balances. Also Read: Nvidia H20 Chip Ban Could Lead To 'Manageable' Sales Drop, Bank Of America Says Voigt highlights that the non-GAAP results exclude a $5 million loss from the currency diversification strategy and a $3 million mark-to-market adjustment on investments. The company also raised its quarterly dividend from 25 cents to 32 cents and declared a 4-for-1 forward stock split, effective as of the close of market on Monday, June 16, 2025. Voigt writes that the analyst's forecast includes a $0.25 dividend through 2027, following the first dividend increase since 2011 in Q1 2024. Apart from Keefe, Bruyette & Woods, BofA Securities analyst Craig Siegenthaler maintains Interactive Brokers with a Buy, lowering the price forecast from $265 to $243. According to Benzinga Pro , IBKR stock has gained over 45% in the past year. Investors can gain exposure to the stock via WBI BullBear Value 3000 ETF WBIF . Price Action: IBKR shares are trading lower by 9.94% to $156.19 at last check on Wednesday. Read now: Photo: Shutterstock IBKR Interactive Brokers Group Inc $157.72 -9.06 % Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full Score Edge Rankings Momentum 93.25 Growth 81.03 Quality 87.28 Value 64.83 Price Trend Short Medium Long Overview WBIF WBI BullBear Value 3000 ETF $26.20 -1.34 % Market News and Data brought to you by Benzinga APIs