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Indian tariff cuts and Chinese demand uptick boost gold outlook, silver suffers despite ETF interest – StoneX's O'Connell
KITCO· 2024-07-31 04:07
Ernest HoffmanErnest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in ...
Gold prices should benefit from near-term political uncertainty, silver's technical picture deteriorates – StoneX Bullion's O'Connell
KITCO· 2024-07-24 01:27
Ernest HoffmanErnest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in ...
StoneX(SNEX) - 2024 Q2 - Earnings Call Presentation
2024-05-10 03:21
Earnings Call: 2nd Quarter 2024 StoneX Group Inc. May 8th, 2024 Disclaimer TheStoneXGroupInc.groupofcompaniesprovidesfinancialservicesworldwide,includingphysicalcommodities,securities,exchange-tradedandover-the-counterderivatives,riskmanagement,globalpayments andforeignexchangeproducts,throughitssubsidiaries,inaccordancewithapplicablelawinthejurisdictionswhereservicesareprovided.Referencestoover-thecounter(“OTC”)productsorswapsaremadeon behalf of StoneX Markets LLC (SXM), a member of the National Futures As ...
StoneX(SNEX) - 2024 Q2 - Earnings Call Transcript
2024-05-10 03:13
财务数据和关键指标变化 - 公司第二财季营收为8.182亿美元,同比增长16% [8][9] - 净利润为5.31亿美元,同比增长27% [10] - 每股收益为1.63美元,同比增长25% [11] - 过去12个月营收增长28%,调整后净利润增长21% [11] - 每股账面价值为48.74美元,同比增长21% [11] 各条业务线数据和关键指标变化 - 商业分部营收同比下降9%,利润下降17% [38][39][40] - 机构分部营收同比增长28%,利润增长10% [44][45][47] - 零售分部营收同比增长30%,利润增长592% [48][49] - 支付分部营收同比下降1%,利润增长55% [50] 各个市场数据和关键指标变化 - 上市衍生品交易量增长29%,但收益率下降 [13][14][17] - 场外衍生品交易量下降6%,收益率也下降 [13][14][17] - 证券交易量增长30%,但收益率下降 [13][14][18] - 外汇和差价合约交易量下降23%,但收益率大幅增长67% [13][14] 公司战略和发展方向及行业竞争 - 公司经历了金融危机后监管趋严、资本要求大幅提高的行业环境变化 [57][58][59][60][61] - 公司通过并购等方式积极参与行业整合,并从大银行退出市场中获益 [58][59][60][61] - 公司战略目标是建立最全面的生态系统,成为客户首选的金融服务合作伙伴 [62][63][64][65] - 公司持续通过并购和技术投资来扩展产品和服务能力 [63][64][65] - 公司看好未来行业整合和大银行退出的趋势,将继续积极寻找并购机会 [115][116][117] 管理层对经营环境和未来前景的评论 - 管理层认为市场波动率正在回归正常水平,这将影响公司的收益率 [88][89][90][91][92] - 管理层预计公司的固定成本将保持稳定,但随着业务增长将获得更高的运营杠杆 [100][101][102][103][104][105][106][107] - 管理层对公司未来发展前景保持乐观,认为公司有望继续保持高增长 [103][104][108] 问答环节重要的提问和回答 问题1 **Dan Fannon 提问** 询问公司各业务线收益率下降的原因和趋势 [89][90][91][92] **Sean O'Connor 和 William Dunaway 回答** - 收益率下降主要是由于市场波动率回归正常水平所致 [89][90][91][92] - 管理层预计收益率将会在正常水平附近波动,不会持续处于极端水平 [96][97] 问题2 **Dan Fannon 提问** 询问公司未来成本和利润率的展望 [99][100][101][102][103] **Sean O'Connor 和 William Dunaway 回答** - 公司已完成大规模的基础设施投入,未来将获得更高的运营杠杆 [100][101][102][103][104][105][106][107] - 管理层预计未来成本增速将放缓,利润率有望提升 [103][104][105][106][107][108] 问题3 **Dan Fannon 提问** 询问公司并购计划和机会 [115][116][117] **Sean O'Connor 回答** - 公司看到并购机会正在增加,估值也在回归正常水平 [115][116][117] - 公司将保持谨慎和纪律,只会选择能为公司带来价值的并购机会 [116][117]
StoneX(SNEX) - 2024 Q2 - Quarterly Report
2024-05-09 06:38
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM 10-Q ____________________ (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number 000-23554 StoneX Group Inc. (Exact name of registrant as specified in its ...
StoneX(SNEX) - 2024 Q2 - Quarterly Results
2024-05-09 04:28
EXHIBIT 99.1 StoneX Group Inc. Reports Fiscal 2024 Second Quarter Financial Results Quarterly Operating Revenues of $818.2 million, up 16% Quarterly Net Income of $53.1 million, ROE of 14.0% Quarterly Diluted EPS of $1.63 per share, up 25% New York, NY – May 8, 2024 – StoneX Group Inc. (the “Company”; NASDAQ: SNEX), a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing ...
StoneX(SNEX) - 2024 Q1 - Earnings Call Transcript
2024-02-08 02:11
财务数据和关键指标变化 - 公司第一季度营业收入为7.842亿美元,同比增长20% [13] - 公司第一季度调整后净利润为7000万美元,同比增长27% [14] - 公司第一季度每股收益为2.13美元,同比增长28% [14] - 公司第一季度ROE为19.3%,高于15%的长期目标 [14] - 公司过去2年账面价值增长56% [14] - 公司过去12个月营业收入增长32%,调整后净利润增长5% [15] 各条业务线数据和关键指标变化 - 商业客户分部营业收入增长9%,分部利润增长5% [29][30][31] - 机构客户分部营业收入增长27%,分部利润增长5% [33][34][35] - 零售客户分部营业收入增长31%,分部利润由亏损转为盈利 [36][37] - 支付分部营业收入增长9%,分部利润增长8% [38] 各个市场数据和关键指标变化 - 上市衍生品和场外衍生品交易量增长强劲 [8][9] - 证券交易量增长47%,但收益率下降 [33][34] - 外汇和差价合约交易量下降,但收益率大幅上升 [36][50][51] 公司战略和发展方向及行业竞争 - 公司继续扩展固定收益等相邻产品线,并着力拓展国际业务 [57][58][59] - 公司通过收购人才和团队的方式实现内生式增长 [61][62][63] - 公司长期15%的ROE目标仍具有挑战性,未来可能会考虑提高目标 [64][65][66] 管理层对经营环境和未来前景的评论 - 尽管市场波动有所回落,但公司业务仍保持强劲增长 [7][43][44] - 公司有望继续保持长期优异的业绩表现 [43][44] - 公司对未来发展前景保持乐观,将继续寻求内生和外延式增长机会 [45][57][61] 其他重要信息 - 公司庆祝100周年纪念,体现了公司持续为客户创造价值的承诺 [45] - 公司人才队伍是最大的资产,体现了客户至上的企业文化 [46] 问答环节重要的提问和回答 问题1 **Daniel Fannon 提问** 询问零售外汇业务的收益率水平是否可持续 [49][50][51][52][53] **Sean O'Connor 回答** 公司预计该业务收益率将会回归正常水平,存在一定波动性 [50][51][52][53] 问题2 **Daniel Fannon 提问** 询问公司利息收入的未来走势 [54][55][56] **Bill Dunaway 回答** 公司部分利率互换合约即将到期,将带来40-50个基点的收益率提升 [55][56] 问题3 **Daniel Fannon 提问** 询问公司证券业务的发展计划 [57][58][59] **Sean O'Connor 回答** 公司一方面继续拓展相邻产品线,另一方面着力拓展国际业务,并通过收购人才实现内生增长 [57][58][59] 问题4 **Daniel Fannon 提问** 询问公司未来并购计划 [61][62][63] **Sean O'Connor 回答** 公司保持谨慎的并购策略,同时也通过收购人才团队的方式实现内生增长 [61][62][63]
StoneX(SNEX) - 2024 Q1 - Quarterly Report
2024-02-07 06:29
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM 10-Q ____________________ (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended December 31, 2023 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number 000-23554 StoneX Group Inc. (Exact name of registrant as specified in i ...
StoneX(SNEX) - 2023 Q4 - Annual Report
2023-11-25 01:55
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-23554 StoneX Group Inc. (Exact name of registrant as specified in its charter) Delaware 59-2921318 (State or other jurisdiction ...
StoneX(SNEX) - 2023 Q4 - Earnings Call Transcript
2023-11-17 06:11
StoneX Group Inc. (NASDAQ:SNEX) Q4 2023 Earnings Conference Call November 16, 2023 9:00 AM ET Company Participants Bill Dunaway - Chief Financial Officer Sean O'Connor - Chief Executive Officer Conference Call Participants Daniel Fannon - Jefferies LLC Operator Good day, and thank you for standing by. Welcome to the StoneX Group Inc. Q4 Fiscal Year 2023 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Ope ...