Advertisement
New Zealand markets closed

  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     

  • NZD/USD

    0.5956
    +0.0007 (+0.11%)
     

  • NZD/EUR

    0.5546
    +0.0006 (+0.11%)
     

  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     

  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     

  • OIL

    83.72
    +0.15 (+0.18%)
     

  • GOLD

    2,362.90
    +20.40 (+0.87%)
     

  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     

  • FTSE

    8,108.17
    +29.31 (+0.36%)
     

  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     

  • DAX

    18,040.88
    +123.60 (+0.69%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • NZD/JPY

    93.1940
    +0.6980 (+0.75%)
     

How Interactive Brokers Group Is Valued after Q2 Results

Raymond Anderson
Updated
How Interactive Brokers Group Is Valued after Q2 Results

Interactive Brokers Group’s (IBKR) price-to-earnings ratio is 27.36x on an NTM (next-12-month) basis, which is a premium compared to the peer average of 17.36x. The primary reason for its premium valuation is its strong second-quarter results. The company’s average interest-earning assets amounted to $57.8 billion in the second quarter, implying YoY growth of 9.2%. In addition, its net interest margin expanded to 1.61% in the second quarter from 1.17% in the same quarter a year ago. ...

Continue reading