StoneX Group Inc. (SNEX) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

developers to the design of support agents for agentic development this should culminate in one accelerated development shortening the time from a proof of concept to a functioning prototype to enhance agility and innovation automating testing and delivery of iterative improvements which should lead to innovation, and three, business solutions, ultimately leading to the delivery of working solutions for our commercial teams that are responsible to our clients' needs. One such example of this was the development of a feature which we estimated would have taken the team without AI approximately two to four times longer to design, test, and launch. This is the sizeable step change we hope to replicate across the organization, whilst ensuring we operate within a standardized framework and remain cognizant of local regulations, controls, and governance. It is a promising start, and we see significant opportunities to leverage technology further, to develop products and services faster, meet our clients' needs, and optimize our resources to continue to deliver strong financial performance With that, I will now turn over to Bill, who will go through this quarter's financial results. Thank you, Philip. I will begin with the financial overview for the quarter, and we'll be starting with slide number five in the slide deck. Just as a reminder that our board of directors approved a three-for-two split of our common stock, and our shares began to trade on a split-adjusted basis at the market open on March 23rd, 2026. So all per-share metrics on this call will be on a split-adjusted basis. Second quarter net income came in at a record $174.3 million with diluted earnings per share of $2.07. This represented 143% growth in net income. However, earnings per share grew at 120% rate ...