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StoneX Group Inc. reported a strong fiscal first quarter for 2022, with a 19% increase in operating revenues to $450.5 million and a 114% increase in net income to $41.7 million, driven by higher volumes and market share gains.
Diluted EPS increased by 108% to $2.04.
Return on Equity (ROE) reached 18.0%.
Operating revenues increased by 19% to $450.5 million.
Net income increased by 114% to $41.7 million.
The company anticipates continued growth due to increased market volatility and the prospect of rising interest rates.
Visualization of income flow from segment revenue to net income