Stonex Group Inc Stock Price, News & Analysis

StoneX Group announced a private offering of $625.0 million Senior Secured Notes due 2032, to be issued by its subsidiary StoneX Escrow Issuer LLC. The Notes will be offered to qualified institutional buyers under Rule 144A and international investors under Regulation S. The proceeds will be held in escrow until the completion of StoneX's proposed acquisition of R.J. O'Brien (RJO). Upon closing of the merger, StoneX will assume the Notes obligations, and the proceeds will be used along with cash on hand to fund the acquisition and related expenses. The Notes will be secured initially by the escrowed proceeds, and post-merger, will be guaranteed by StoneX's subsidiaries and secured by second-priority liens on company assets. The Notes will pay interest semi-annually, with the offering subject to market conditions and other factors.

StoneX Group Inc. (NASDAQ: SNEX) has announced that its subsidiary, StoneX Financial Europe GmbH, will acquire Plantureux et Associés, a Paris-based agricultural commodities brokerage firm. The strategic acquisition aims to establish StoneX's presence in France, Europe's largest grain-producing region. Plantureux brings nearly 40 years of experience in agricultural commodities and strong relationships in the French cereal market.

The acquisition, subject to regulatory approval and customary closing conditions, follows StoneX's recent expansion in Europe through the acquisition of Octo Finances SA. This move strengthens StoneX's position in European agricultural commodities markets and enhances its ability to provide localized expertise and services to clients across the region.

StoneX Group (SNEX) reported strong Q2 fiscal 2025 results with net operating revenues of $487.3M (up 15%) and net income of $71.7M (up 35%). The company achieved diluted EPS of $1.41, a 29% increase, and ROE of 15.7%. Key highlights include significant growth across segments, with Institutional revenue up 21% to $561.2M and Commercial revenue increasing 24% to $248.6M. The company announced plans to acquire R.J. O'Brien, the oldest U.S. futures brokerage, which generated approximately $766M in revenue and $170M in EBITDA in 2024. The acquisition is expected to close in H2 2025 and will add nearly $6B in client float and ~190M in annual listed derivative contract volumes. The company's performance was driven by increased market volatility and strong client acquisition, helping offset declining short-term interest rates. StoneX also completed a three-for-two stock dividend on March 21, 2025.

StoneX Group (NASDAQ: SNEX) has scheduled the release of its fiscal 2025 second quarter earnings after market close on Wednesday, May 7, 2025. The company will follow up with a conference call on Thursday, May 8, 2025, at 9:00 a.m. Eastern Time, where management will review the quarterly results.

Investors and interested parties can access the live webcast through:

• The company website at stonex.com
• Direct registration link for the conference call

Participants are encouraged to preregister for the call. For those unable to join the live broadcast, a replay will be available on the StoneX website.

StoneX Group Inc. (NASDAQ: SNEX) has achieved a significant milestone as its New York vault receives CME Group approval as a Registered Depository for gold, silver, platinum, and palladium under COMEX and NYMEX contracts. This makes StoneX one of only 11 approved depositories in the United States and the only non-bank futures commission merchant (FCM) with such capabilities.

The approval enables direct delivery and storage of CME-eligible metals through StoneX's facility, arriving during a period of record physical metal inflows, with COMEX inventories exceeding 43 million ounces of gold in Q1 2025. The New York vault complements StoneX's existing operations in London and Frankfurt, strengthening its global metals infrastructure.

This development enhances StoneX's vertically integrated precious metals platform, offering clients comprehensive services from trade execution and inventory hedging to physical settlement, serving institutional traders, banks, refiners, and bullion dealers.

StoneX Group (NASDAQ: SNEX) has reached a definitive agreement to acquire R.J. O'Brien & Associates (RJO), the oldest futures brokerage and clearing firm in the United States. The merger, expected to close in Q3 2025, will create a leading futures commission merchant (FCM) in the U.S.

StoneX, a Fortune 100 company with a market capitalization of over $3.5 billion and operations across six continents, will integrate RJO's global businesses. The combination aims to enhance their position in global financial market structure by combining RJO's client network and clearing capabilities with StoneX's liquidity, OTC hedging solutions, and risk management infrastructure.

RJO's CEO Gerry Corcoran will continue in a senior leadership role at StoneX. The O'Brien family, RJO's majority shareholders, will become major shareholders in StoneX. Broadhaven Capital Partners serves as RJO's exclusive financial advisor, with Mayer Brown LLP as legal advisor.

StoneX (NASDAQ: SNEX) has announced a transformational acquisition of R.J. O'Brien (RJO), the oldest U.S. futures brokerage, for approximately $900 million in equity value. The deal includes $625 million in cash and 3.5 million shares of StoneX common stock, with StoneX also assuming up to $143 million of RJO debt.

The acquisition significantly strengthens StoneX's position as a leading Futures Commission Merchant (FCM), adding over 75,000 client accounts and growing StoneX's client float to over $13 billion. RJO generated $766 million in revenue and approximately $170 million in EBITDA during calendar 2024.

Key benefits include:

• Expected expense synergies exceeding $50 million
• Capital synergies of at least $50 million
• Increase in cleared listed derivatives volume by ~190 million contracts annually
• Addition of nearly 300 introducing brokers to StoneX's network

The transaction is expected to close in the second half of 2025, subject to regulatory approvals.

StoneX Group Inc. (NASDAQ: SNEX) has launched a new shell egg contract utilizing a global Price Reporting Agency (PRA) benchmark, marking a significant development in commodity risk management. The innovative contract enables egg producers, buyers, and food industry participants to manage price risk and address market volatility.

The offering combines StoneX's expertise in commodity risk management with an IOSCO-assured Shell Egg benchmark, enhancing pricing transparency and supply chain stability. This development is particularly noteworthy given StoneX's historical roots as an egg wholesaler founded in 1924 by Saul Stone.

According to Ryan Turner, Regional Director of Kansas City Ag at StoneX, this initiative addresses customers' needs for stable pricing in unpredictable market conditions. Dave Smoldt, President of StoneX's US/Canada Commodities Division, emphasized the contract's role in reinforcing the company's position as a market leader in global financial services.

StoneX Group Inc. (NASDAQ: SNEX) and Bamboo Payment Systems have formed a strategic partnership to enhance cross-border payment services in Latin America, including an undisclosed investment by StoneX. The collaboration combines StoneX Payments' extensive forex capabilities and 385-bank correspondent network with Bamboo's regional payment infrastructure.

StoneX Payments operates in over 180 countries with settlement capabilities in 140+ currencies. Bamboo's platform connects to 600+ local banks, supporting 200+ payment methods across 11 Latin American countries, serving 500+ clients and partners.

The partnership aims to deliver improved FX pricing, more reliable settlement, better acceptance rates, and enhanced cash flow efficiency for global merchants and financial institutions operating in Latin America. The transaction remains subject to regulatory approval.