Interactive Brokers shareholders approve board, auditor, and pay

GREENWICH, CT – Interactive Brokers Group, Inc. (NASDAQ:IBKR), a $66.56 billion market cap brokerage firm currently rated as undervalued according to InvestingPro analysis, announced the results of its annual stockholders’ meeting, which took place on April 17, 2025. Shareholders voted in favor of all proposals, including the election of directors, the ratification of Deloitte as the independent auditor, and an advisory vote on executive compensation.

The election saw ten directors appointed to serve on the Board of Directors until the 2026 annual stockholders’ meeting. The directors, including Thomas Peterffy, Earl H. Nemser, and Milan Galik, were elected with a majority of votes ranging from 82.52% to 99.88% in favor. The proposal to ratify Deloitte as the company’s independent auditor for the fiscal year ending December 31, 2025, passed with over 99% approval. InvestingPro data shows the company has maintained dividend payments for 16 consecutive years, demonstrating strong corporate governance and financial stability.

Additionally, the advisory vote on executive compensation received strong support, with approximately 97% of votes cast in favor.

The detailed results of the voting process were provided, with specific counts for votes in favor, against, abstentions, and broker non-votes for each proposal.

Interactive Brokers, a leading brokerage firm, has a strong presence in the financial services sector, providing trading platforms and securities brokerage services. The company’s commitment to transparency and good governance is reflected in the high approval rates for its board and executive compensation practices.

This announcement is based on a press release statement and reflects the company’s ongoing efforts to align with shareholder interests and adhere to regulatory requirements.

In other recent news, Interactive Brokers Group reported its first-quarter 2025 earnings, surpassing analyst expectations with an earnings per share (EPS) of $1.88 and revenue of $1.43 billion, both slightly above forecasts. The company also announced a 4-for-1 stock split and an increase in its quarterly dividend from $1 to $1.28. In addition, Interactive Brokers introduced a First Home Savings Account (FHSA) in Canada, offering a tax-efficient way for Canadians to save for their first home. Piper Sandler adjusted its outlook on Interactive Brokers, reducing the price target to $182 while maintaining an Overweight rating, following the earnings report. BofA Securities also revised its price target for the company to $243 from $265, retaining a Buy rating, amid concerns about the impact of tariff disputes on international demand for U.S. assets. Despite these concerns, the demand from international clients for U.S. assets remained robust. The company continues to expand its offerings, including a significant increase in its cryptocurrency options, driven by recent regulatory changes.

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