Stonex Group Inc Stock Price, News & Analysis

StoneX Group (NASDAQ: SNEX) has announced a strategic partnership between its Payments Division and Bank Mendes Gans (BMG), a leader in liquidity and cash management services. Through this collaboration, BMG will leverage StoneX Payments' technology and infrastructure to enhance its cross-border payment capabilities.

StoneX Payments will provide BMG access to its extensive network of 375+ correspondent banks, enabling transactions in 140+ currencies across 180 countries. The partnership will be powered by StoneX's proprietary payment engine, XPay, which currently serves over 85 banking institutions. The integration aims to deliver faster settlement times, improved payment data validation, competitive FX rates, and expanded access to emerging markets.

StoneX Group Inc. (NASDAQ: SNEX) reported its fiscal 2025 Q3 results with net operating revenues of $488.3 million, up 4% year-over-year, and net income of $63.4 million. The company achieved quarterly diluted EPS of $1.22 and a ROE of 13.1%.

The quarter was marked by significant growth in the Institutional segment and strong performance in the Self-Directed/Retail segment, which offset declines in Commercial businesses. The company announced the closing of two major acquisitions: R.J. O'Brien, which generated approximately $766 million in revenue and $170 million in EBITDA in 2024, and The Benchmark Company, LLC, enhancing their capital markets capabilities.

The quarter included $8.9 million in acquisition-related charges, including $6.5 million in bridge loan financing charges and $2.4 million in professional fees, reducing quarterly EPS by approximately $0.12.

StoneX Group (NASDAQ: SNEX) has successfully completed its acquisition of The Benchmark Company, a significant move that expands its investment banking capabilities. The acquisition, initially announced on March 11, 2025, integrates Benchmark's investment banking, equity research, and institutional sales and trading services into StoneX's operations.

Benchmark's team will be incorporated into StoneX's Institutional division, maintaining its brand initially to ensure client continuity. The acquired firm brings expertise in key sectors including Technology, Industrials, Consumer, and Healthcare. This strategic acquisition enhances StoneX's capital markets offering and strengthens its presence in Investment Banking and Equity Research, leveraging Benchmark's established client relationships and sector expertise.

StoneX Group Inc. (NASDAQ: SNEX) has completed its largest-ever acquisition of R.J. O'Brien (RJO), becoming the largest non-bank Futures Commission Merchant in the United States. RJO, founded in 1914, brings $766 million in revenue and $170 million in EBITDA from 2024, along with over 75,000 client accounts and approximately 300 introducing brokers.

The strategic acquisition expands StoneX's client float by nearly $6 billion and targets $50 million in expense savings and $50 million in capital synergies. The combined entity will offer comprehensive multi-asset trading capabilities, including derivatives, OTC hedging, physical commodities, and fixed income products, leveraging over 200 years of combined industry expertise.

StoneX Group (NASDAQ: SNEX) has scheduled its fiscal 2025 third quarter earnings release for August 5, 2025 after market close. The company will host a conference call to discuss the results on August 6, 2025 at 9:00 AM ET.

Investors can access the live webcast and related materials through the company's website at stonex.com. A conference call replay will also be made available for those unable to attend the live broadcast.

StoneX Group Inc. (NASDAQ: SNEX) has announced signing a letter of intent to acquire Intercam Advisors, Inc. and Intercam Securities, Inc. from Intercam Holdings, Inc. The proposed acquisition is aimed at expanding StoneX's global wealth management footprint, with a particular focus on Latin America.

The transaction is currently pending negotiation and execution of definitive agreements, subject to regulatory approvals and other closing conditions. According to Jay Carter, CEO of StoneX Wealth Management, the acquisition will provide clients with broader access to markets and investment products. The parties are working to finalize terms and enter into a definitive agreement soon.

StoneX Group (NASDAQ: SNEX) has announced the pricing of $625.0 million in 6.875% Senior Secured Notes due 2032. The notes will be issued through StoneX Escrow Issuer LLC and are being offered privately to qualified institutional buyers. The offering is expected to close around July 8, 2025.

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, the notes will be guaranteed by StoneX's subsidiaries and secured by second-priority liens on substantially all company and guarantor assets. The notes will pay interest semi-annually at a rate of 6.875% per annum.

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.