Interactive Brokers Misses Q1 Earnings: Analyst Flags Weaker Securities Lending Revenue
1. IBKR missed Q1 earnings expectations at $1.88 per share. 2. Net interest income rose 3% to $770 million, driven by customer margin loans. 3. Quarterly dividend increased from 25 cents to 32 cents; 4-for-1 stock split announced. 4. Analysts at Keefe Bruyette maintain Neutral rating; BofA lowered target to $243. 5. IBKR shares dropped 9.94% to $156.19 amid earnings miss and market reaction.