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Mar 31, 2024
StoneX Q2 2024 Earnings Report
Reported solid results driven by diversified product offering and client base.
Key Takeaways
StoneX Group Inc. reported Q2 2024 financial results with operating revenues of $818.2 million, a 16% increase year-over-year. Net income was $53.1 million, up 27% compared to the prior year, and diluted EPS was $1.63, a 25% increase. The company's ROE was 14.0% for the quarter.
Operating revenues increased by 16% to $818.2 million.
Net income rose by 27% to $53.1 million.
Diluted EPS increased by 25% to $1.63 per share.
The company achieved a 14.0% return on equity for the quarter.
StoneX
StoneX
StoneX Revenue by Segment
Revenue by Segment
Commercial Revenue
CapyFin.comInstitutional Revenue
CapyFin.comSelf-Directed/Retail Revenue
CapyFin.comPayments Revenue
CapyFin.comCorporate Revenue
CapyFin.comEliminations Revenue
CapyFin.com Forward Guidance
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, such as those pertaining to the Company’s financial condition, results of operations, business strategy and financial needs.
Revenue & Expenses
Visualization of income flow from segment revenue to net income