NASDAQ
16 hours, 1 minutes ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Executive Vice-Chairman Sean O'Connor Sells Shares
Sean O'Connor, Executive Vice-Chairman of StoneX Group Inc., sold a portion of his shares in multiple transactions.

NASDAQ
10 days, 15 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group CEO Exercises Options and Sells Shares
Philip Andrew Smith, CEO of StoneX Group Inc., exercised stock options and sold shares on April 17, 2025.

NASDAQ
14 days, 17 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group CEO Philip Andrew Smith Executes Stock Option and Sells Shares
StoneX Group's CEO, Philip Andrew Smith, exercised stock options and sold a portion of the acquired shares on April 15, 2025.

NASDAQ
18 days, 3 hours ago 
SNEX
Stonex Group INC
8-K: StoneX Group to Acquire R.J. O'Brien, Creating a Global Derivatives Market Leader
StoneX Group Inc. announces a definitive agreement to acquire R.J. O'Brien for approximately $900 million, strengthening its position in the global derivatives market.
Better than expected
 
Capital raise
 

NASDAQ
23 days, 13 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group CEO Philip Andrew Smith Sells 9,000 Shares
StoneX Group's CEO, Philip Andrew Smith, executed a sale of 9,000 shares of common stock at an average price of $69.5599 on April 4, 2025.

NASDAQ
28 days, 17 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group CEO Philip Smith Executes Stock Options and Sells Shares
StoneX Group's CEO, Philip Andrew Smith, exercised stock options and sold 45,000 shares of common stock on April 1, 2025.

NASDAQ
29 days, 12 hours ago 
SNEX
Stonex Group INC
8-K: StoneX Group Inc. Grants Stock Awards to Executive Based on Performance
StoneX Group Inc. grants restricted and performance-based stock awards to an executive, contingent on the company's return on equity (ROE) over a four-year period.

NASDAQ
29 days, 16 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Executive Vice-Chairman Sean O'Connor Reports Acquisition and Disposal of Shares
Sean O'Connor, Executive Vice-Chairman of StoneX Group, reports acquiring 300,000 restricted shares and disposing of common stock on March 31, 2025.

NASDAQ
52 days, 17 hours ago 
SNEX
Stonex Group INC
8-K: StoneX Group Inc. Shareholder Meeting Results and Incentive Plan Amendment Approved
StoneX Group Inc. held its annual shareholder meeting, electing directors, ratifying KPMG as its auditor, approving executive compensation, and amending the 2022 Omnibus Incentive Compensation Plan.

NASDAQ
55 days, 11 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director Annabelle G. Bexiga Reports Acquisition and Disposal of Shares
Director Annabelle G. Bexiga reports acquiring 1,017 restricted shares of StoneX Group Inc. as part of annual compensation and disposing of 10,907 shares.

NASDAQ
55 days, 16 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Inc. Executive Stuart Davison Reports Stock Option Grant
Chief Operating Officer Stuart Davison reports acquisition of 135,000 stock options in StoneX Group Inc.

NASDAQ
55 days, 16 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director Steven A. Kass Acquires Restricted Shares as Part of Compensation Plan
Director Steven A. Kass acquired 1,017 restricted shares of StoneX Group Inc. as part of the company's Restricted Stock Plan.

NASDAQ
55 days, 16 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director Eric Parthemore Acquires Restricted Shares as Part of Annual Compensation
Director Eric Parthemore acquired 1,017 restricted shares of StoneX Group Inc. as part of the company's Restricted Stock Plan.

NASDAQ
55 days, 16 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director Radziwill Reports Acquisition of Restricted Stock
John Radziwill, a director at StoneX Group Inc., reported acquiring restricted shares of common stock as part of the company's Restricted Stock Plan.

NASDAQ
55 days, 17 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director Diane L. Cooper Reports Acquisition and Disposal of Shares
Director Diane L. Cooper reports acquiring and disposing of StoneX Group Inc. shares as part of annual compensation.

NASDAQ
55 days, 17 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director John M. Fowler Reports Acquisition of Restricted Shares and Disposal of Common Stock
Director John M. Fowler reports acquisition of restricted shares and disposal of common stock of StoneX Group Inc.

NASDAQ
55 days, 17 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director Dhamu R. Thamodaran Reports Acquisition and Disposal of Shares
Director Dhamu R. Thamodaran reports acquiring and disposing of StoneX Group Inc. shares as part of the company's Restricted Stock Plan.

NASDAQ
62 days, 17 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director John M. Fowler Sells Shares
Director John M. Fowler of StoneX Group Inc. reports the sale of 4,042 shares of common stock at a price of $120.02 on February 26, 2025.

NASDAQ
70 days, 16 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Inc. Executive Glenn Henry Stevens Sells 15,000 Shares
Glenn Henry Stevens, a retired officer of StoneX Group Inc., sold 15,000 shares of common stock at an average price of $117.8197 on February 18, 2025.

NASDAQ
78 days, 18 hours ago 
SNEX
Stonex Group INC
13F-HR: StoneX Group Inc. Discloses Q4 2024 13F Holdings
StoneX Group Inc. reports its holdings for the quarter ended December 31, 2024, with a total value of $1,549,078.

NASDAQ
79 days, 16 hours ago 
SNEX
Stonex Group INC
8-K: StoneX Group Inc. Announces Employment Agreement with Charles Lyon and Amendment to Sean O'Connor's Agreement
StoneX Group Inc. has entered into an employment agreement with Charles Lyon, appointing him as Group President, and amended the employment agreement with Sean O'Connor, removing his eligibility for the annual bonus and long-term incentive plan.

NASDAQ
85 days, 16 hours ago 
SNEX
Stonex Group INC
10-Q: StoneX Group Inc. Reports Record Net Operating Revenues and Net Income for Q1 Fiscal 2025
StoneX Group Inc. announces record financial results for the first quarter of fiscal year 2025, driven by growth in client engagement and strong performance in physical contracts.
Better than expected
 

NASDAQ
85 days, 17 hours ago 
SNEX
Stonex Group INC
8-K: StoneX Group Inc. Announces Record First Quarter Financial Results and Three-for-Two Stock Split
StoneX Group Inc. reports record quarterly net operating revenues of $492.1 million and announces a three-for-two stock split.
Better than expected
 

NASDAQ
87 days, 16 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director Acquires Restricted Shares Through Stock Program
Director Dhamu R. Thamodaran acquired 100 restricted shares of StoneX Group Inc. common stock on January 31, 2025, through the company's Restricted Stock Program.

NASDAQ
87 days, 16 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director Diane L. Cooper Reports Acquisition of Restricted Shares
Director Diane L. Cooper reports acquisition of restricted shares of StoneX Group Inc. through the company's Restricted Stock Program.

NASDAQ
87 days, 16 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director Steven A. Kass Acquires Restricted Shares
Director Steven A. Kass reports acquisition of 123 restricted shares of StoneX Group Inc. on January 31, 2025.

NASDAQ
87 days, 16 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Director John Moore Fowler Reports Acquisition of Restricted Shares
Director John Moore Fowler reports acquisition of restricted shares in StoneX Group Inc.

NASDAQ
87 days, 17 hours ago 
SNEX
Stonex Group INC
Form 4: StoneX Group Inc. Director Radziwill Acquires Restricted Shares
John Radziwill, Chairman of the Board at StoneX Group Inc., reports acquisition of restricted shares and disposal of common stock.

NASDAQ
98 days, 17 hours ago 
SNEX
Stonex Group INC
DEFA14A: StoneX Group Inc. Files Definitive Additional Materials for Proxy Statement
StoneX Group Inc. has filed definitive additional materials related to its proxy statement with the Securities and Exchange Commission.

NASDAQ
98 days, 17 hours ago 
SNEX
Stonex Group INC
DEF 14A: StoneX Group Seeks Stockholder Approval for Amended Incentive Plan
StoneX Group Inc. is asking stockholders to approve an amendment to its 2022 Omnibus Incentive Compensation Plan to increase the number of shares authorized for issuance.
Better than expected
 

SNEX 
Stonex Group INC 
NASDAQ

8-K: StoneX Group Inc. Announces Record First Quarter Financial Results and Three-for-Two Stock Split

Sentiment:
 Quarterly Report
 5 February 2025 4:25 PM

StoneX Group Inc. reports record quarterly net operating revenues of $492.1 million and announces a three-for-two stock split.

Better than expected
  The company reported record quarterly net operating revenues, net income, and diluted EPS, indicating better than expected financial performance. 

Summary
  • StoneX Group Inc. announced its financial results for the fiscal year 2025 first quarter ended December 31, 2024.
  • The company reported record quarterly net operating revenues of $492.1 million, a 17% increase year-over-year.
  • Net income reached a record $85.1 million, up 23% from the prior year quarter, with a return on equity (ROE) of 19.5%.
  • Diluted earnings per share (EPS) were $2.54, a 19% increase.
  • The Board of Directors approved a three-for-two stock split to make stock ownership more accessible.
  • The stock split will be effected as a stock dividend, with distribution of additional shares after close of trading on March 21, 2025, to stockholders of record on March 11, 2025.
  • Trading on a stock split-adjusted basis is expected to begin on March 24, 2025.
  • The company experienced strong client engagement with increased volumes across all operating segments and products despite relatively low volatility.
Sentiment

Score: 9

Explanation: The document presents a highly positive outlook with record financial results and a shareholder-friendly stock split, indicating strong confidence in the company's future performance.

Highlights
  • StoneX Group Inc. achieved record quarterly net operating revenues of $492.1 million, a 17% increase.
  • Net income reached a record $85.1 million, a 23% increase year-over-year.
  • Diluted EPS increased by 19% to $2.54 per share.
  • The company's ROE was 19.5% for the quarter.
  • A three-for-two stock split was approved by the Board of Directors.
  • Sales of physical commodities increased 44% to $27,051.1 million.
  • Securities average daily volume (ADV) increased 40% to $8,733 million.
  • The Self-Directed/Retail segment income increased 98% to $56.9 million.
Positives
  • Record quarterly net operating revenues and net income indicate strong financial performance.
  • The three-for-two stock split aims to make stock ownership more accessible to employees and investors.
  • Increased volumes across all operating segments and products demonstrate strong client engagement.
  • The Commercial segment reported a 17% increase in segment income.
  • The Institutional segment reported a 20% increase in segment income.
  • The Self-Directed/Retail segment experienced a significant 98% increase in segment income.
  • Securities average daily volume (ADV) increased 40% to $8,733 million.
Negatives
  • The Payments segment experienced a 4% decrease in operating revenues.
  • OTC derivatives average rate per contract (RPC) decreased by 22%.
  • Payments RPM decreased by 17%.
Risks
  • The company's forward-looking statements are subject to various risks and uncertainties, including adverse changes in economic, political, and market conditions.
  • Risks include potential losses from market-making and trading activities, loss of key personnel, increasing competition, changes in government regulation, and the impact of technology changes.
  • The company's actual results could differ materially from any results expressed or implied by forward-looking statements.
Future Outlook

The company does not provide specific financial guidance, but expects to build on the momentum realized through fiscal 2024.

Management Comments
  • Sean O'Connor, the Company's Executive Vice-Chairman of the Board, stated, 'We achieved another record quarterly result, building on momentum realized through fiscal 2024, reporting net income of $85.1 million, a 23% increase over the prior year quarter, diluted EPS of $2.54, and a 19.5% return on equity for the first fiscal quarter of 2025.'
  • Sean O'Connor stated, 'We experienced continued strong client engagement with increased volumes across all operating segments and products despite relatively low volatility.'
Industry Context

StoneX's performance reflects a broader trend of financial services firms benefiting from increased market activity and client engagement, although the relatively low volatility mentioned could pose a challenge for future growth if it persists.

Comparison to Industry Standards
  • Comparable companies like INTL FCStone (prior to rebranding) and other diversified financial services firms are often benchmarked against metrics like ROE, EPS growth, and revenue growth.
  • A 19.5% ROE is generally considered strong within the financial services industry, suggesting efficient capital utilization.
  • The 17% increase in net operating revenues indicates StoneX is growing faster than some of its more established competitors, but further analysis would be needed to compare against specific peers.
Stakeholder Impact
  • Shareholders will benefit from the stock split, which aims to increase accessibility and potentially liquidity.
  • Employees may benefit from increased stock ownership and the company's strong financial performance.
  • Clients will likely benefit from the company's continued investment in its network, products, and services.
Next Steps
  • A conference call to discuss the company's financial results will be held on February 6, 2025.
  • The company will file its Quarterly Report on Form 10-Q with the SEC.
  • Distribution of additional shares issued as a result of the stock dividend will occur after close of trading on March 21, 2025.
  • Trading on a stock split-adjusted basis is expected to begin on March 24, 2025.
Key Dates
  • March 11, 2025: Stockholders of record date for the three-for-two stock split.
  • March 12, 2025: Date used to determine cash distribution in lieu of fractional shares based on the opening price of a share of common stock.
  • March 21, 2025: Distribution of additional shares issued as a result of the stock dividend after close of trading.
  • March 24, 2025: Expected start date for trading on a stock split-adjusted basis.
Keywords

SNEX 
Stonex Group INC 
NASDAQ
Sector: Financial Services
 
Filings with Classifications
Capital raise
14 April 2025 7:02 AM

Merger Announcement
  • StoneX has obtained fully committed bridge financing for the cash portion of the consideration.
  • StoneX plans to issue approximately $625 million of long-term debt prior to the closing date.
Better than expected
14 April 2025 7:02 AM

Merger Announcement
  • The acquisition is expected to enhance margins, EPS, and return on equity.
  • Consolidation of operations is expected to drive more than $50mm in expense synergies and unlock at least $50mm in capital synergies.
Better than expected
5 February 2025 5:22 PM

Quarterly Report
  • The company achieved record net operating revenues and net income, indicating better than expected financial performance.
  • Operating revenues increased by 20%, demonstrating strong growth compared to the previous year.
  • Diluted earnings per share were $2.54, higher than the $2.13 reported in the prior year.
Better than expected
5 February 2025 4:25 PM

Quarterly Report
  • The company reported record quarterly net operating revenues, net income, and diluted EPS, indicating better than expected financial performance.
Better than expected
23 January 2025 4:12 PM

Proxy Statement
  • The company achieved record operating revenues, net income, and stockholders' equity, indicating better-than-expected financial performance.
Better than expected
29 November 2024 9:20 AM

Annual Results
  • The company's operating revenues increased by 18% to $3,436.2 million.
  • Net income rose to $260.8 million, a 9% increase compared to the previous year.
  • Diluted earnings per share reached $7.96, up from $7.45 in the prior year.
Delay expected
29 November 2024 9:20 AM

Annual Results
  • The redemption of the Notes due 2025 did not occur until June 17, 2024, in order to redeem those notes at par.
Better than expected
19 November 2024 4:24 PM

Quarterly Report
  • The company's net income and EPS significantly exceeded the prior year's results, indicating better than expected performance.
  • The company's revenue growth and increased trading volumes across most segments also point to better than expected results.
Worse than expected
7 November 2024 7:24 PM

Merger Announcement Update
  • The abandonment of the acquisition is worse than expected as it indicates a change in strategic direction and potential loss of opportunity for StoneX.
Worse than expected
6 August 2024 5:46 PM

Quarterly Report
  • Net income decreased by 11% and diluted earnings per share decreased from $2.17 to $1.88 compared to the same quarter last year.
Worse than expected
6 August 2024 4:20 PM

Quarterly Report
  • Although the company achieved record net operating revenues, the net income and diluted EPS were down compared to the prior year, indicating worse than expected profitability.
Better than expected
8 May 2024 6:38 PM

Quarterly Report
  • The company's operating revenues and net income increased significantly year-over-year, indicating better than expected performance.
Better than expected
8 May 2024 4:28 PM

Quarterly Report
  • The company's operating revenues, net income, and diluted EPS all exceeded the prior year's results, indicating better than expected performance.
Capital raise
16 February 2024 4:18 PM

Debt Offering Announcement
  • StoneX Group Inc. is raising $550 million through the issuance of senior secured notes.
  • The notes are being offered in a private placement to qualified institutional buyers and certain persons outside the United States.
Capital raise
15 February 2024 9:07 AM

Debt Offering Announcement
  • StoneX Group is conducting a private offering of $550 million in senior secured notes due 2031.
  • The notes will be offered to qualified institutional buyers and certain persons outside the United States.
  • The proceeds will be used to redeem existing debt and repay borrowings under the senior secured revolving credit facility.
Worse than expected
6 February 2024 5:29 PM

Quarterly Report
  • Net income decreased due to a non-recurring gain in the prior year and reduced market volatility.
  • Diluted earnings per share decreased from $2.41 to $2.13.
Better than expected
6 February 2024 4:40 PM

Quarterly Report
  • The company's adjusted net income increased by 27% year-over-year, indicating better than expected underlying performance when excluding the impact of a prior year acquisition gain.
  • The company's operating revenues increased by 20% year-over-year, indicating better than expected growth.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.