secwatch.observer — SEC 8-K summary
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Issuer:     StoneX Group Inc. (SNEX)
CIK:        0000913760
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000913760-23-000073
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

StoneX Q2 net income $41.7M (-35% YoY); diluted EPS $1.95 (-37%)
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- Operating revenues $704.4M, up 29% YoY; interest income surged 894% to $103.4M on higher rates.
- Net income $41.7M vs $64.0M; diluted EPS $1.95 vs $3.11; ROE 13.8% vs 26.1%.
- Includes $14.6M pre-tax reorganization charges, reducing EPS by ~$0.50 and ROE by 3.4%.
- Institutional segment operating rev. up 79% to $362.5M; Retail down 35% to $78.6M.
- Interest expense attributable to trading rose 1,167% to $178.7M on higher rates and fixed-income ADV.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913760/000091376023000073/0000913760-23-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913760/000091376023000073/intl-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000913760-23-000073

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer