Interactive Brokers Group, Inc. · NASDAQ:IBKR
Interactive Brokers — Q1 2021 Earnings Presentation
18 slides from Interactive Brokers's earnings presentation, 2021
Slide 1: Interactive Brokers Group Investor Presentation
Interactive Brokers Group Investor Presentation First Quarter 2021
Slide 2: Disclaimer
Disclaimer Cautionary Note Regarding Forward-Looking Statements The following information contains certain forward-looking statements that reflect the Company’s current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be
Slide 3: Financial Strength – Liquid and Growing
Financial Strength – Liquid and Growing At March 31, 2021 Total membership interests 416.8 million Held by management 326.0 million 78.2% Public shares 90.8 million 21.8% Total market capitalization $30.4 billion Public float $6.6 billion Cash and equivalents $2.6 billion Total debt (0 long-term) $0
Slide 4: Company Overview
Company Overview We are a highly automated electronic broker We use our proprietary technology and international experience to offer low cost, seamless global access to multiple types of securities for both institutional and individual investors. > 135 33 25 Market Centers Countries Currencies Stock
Slide 5: The IBKR Advantage
The IBKR Advantage Versatile Platform Broad Product Offering ▪ Seamless electronic market access to stocks, ▪ Access to multiple products in multiple options, futures, forex, commodities, bonds, currencies from a single Integrated Investment mutual funds and ETFs from a single Integrated Management
Slide 6: Impact of Automation
Impact of Automation Automation allows IBKR to be one of the lowest cost processors in the industry Majority of senior management are software engineers, committed to automating as many processes as possible From account opening through the entire transaction lifecycle, our processes are automated,
Slide 7: Cost Comparison: Continue to be "Low Cost Broker"
Cost Comparison Continue to be “Low Cost Broker” IBKR clients recognize that they can maximize returns by minimizing their costs Barron’s has recognized Interactive Brokers as the low cost broker 2002 through 20211 U.S. Margin Loan Rates Comparison2 $25K $300K $1.5M $3.5M Interactive Brokers 1.59% 1
Slide 8: Automation and Focusing on the Client Lead to Growth
Automation and Focusing on the Client Lead to Growth 8-year compound annual growth rate 8
Slide 9: Diversified Client Base – by Client Type
Diversified Client Base – by Client Type As of March 31, 2021 Accounts Client Equity Introducing brokers 26% Introducing brokers 32% Hedge and mutual funds Individuals Individuals 36% 1% 1.3 Million $331 Billion 61% Proprietary trading groups 2% Hedge and mutual funds Financial advisors Financial ad
Slide 10: Diversified Client Base – by Geography
Diversified Client Base – by Geography As of March 31, 2021 Accounts Client Equity Asia 38% Asia Americas 40% Americas 1.3 Million 36% 45% $331 Billion Europe Latest 12 Months Europe 26% Commissions 15% Asia 33% Americas $1,254 Million 47% Europe 20% 10
Slide 11: Comparative Metrics
Comparative Metrics A sophisticated client base on a highly automated platform leads to more active accounts and lower costs, generating industry-leading profit margins (1) Charles Schwab’s accounts include 14.5 million acquired from AMTD and 1.1 million acquired from USAA in 2020. (2) Client equity
Slide 12: Integrated Investment Management from One Account
Integrated Investment Management from One Account EARN BORROW SPEND INVEST Earn income on securities Borrow against your account Spend using our Bill Pay to Invest in stocks, options, by lending out fully paid whenever needed at our pay any expense, or use our futures, forex, commodities, shares.1 e
Slide 13: Recent Enhancements and New Products
Recent Enhancements and New Products ESG Impact Profile – The ESG Impact Profile helps Advisors understand client preferences for socially responsible and impact investing. This tool allows you to invite clients to identify their personal investment criteria from 13 impact values and socially respon
Slide 14: Recognized Industry Leader
Recognized Industry Leader IBKR’s multiple trading platforms, extensive suite of advanced trading tools, algos and order types continue to earn awards, year after year. 2021 Barron’s Awards1: 2021 BrokerChooser Best Online Brokers: Interactive Brokers was Rated #1 – Best Online Broker Best Online Br
Slide 15: Appendix
Appendix 15 é InteractiveBrokers
Slide 16: Non-GAAP Reconciliation
16 n-GAAP Reconciliation Year-Ended December 31, 2018 2019 2020 (Gn millions) Adjusted net revenues Net revenues - GAAP $ 1903 $ 1937 $ 2.218 Non-GAAP adiustments Currency diversification strategy, net 19 60 19 ‘Mark-to-market on investments fo} 3) GO Remeasurement of TRA liability - - 3 Total non-G
Slide 17: Non-GAAP Trailing 12 Months Financials Reconciliation
Non-GAAP Trailing 12 Months Financials Reconciliation 17
Slide 18: Non-GAAP Variable Expenses Reconciliation
Non-GAAP Variable Expenses Reconciliation 18
Interactive Brokers Group — Q1 2021 Earnings Presentation on 6ix