Benedito Joao Gai Neto, CEO of Agrinvest, commented: "We are thrilled to join the Marex platform, with its global reach, growing client base and range of capabilities. As part of Marex, we will have the support we need to expand our business and the services we can offer our clients in this exciting region, and also in other countries." About Marex: Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to cl ...

NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (Nasdaq: MRX) (“Marex”), the diversified global financial services platform, announces that it will be participating in a fireside chat at Piper Sandler's Global Exchange & Trading Conference. The presentation will be given by Ian Lowitt, Group Chief Executive Officer and will take place on Thursday, June 5th at 8:00 a.m. ET. The event will be available via webcast and can be accessed here: https://www.wsw.com/webcast/pipersandler44/marx/2943128 Ab ...

Financial Data and Key Metrics Changes - Adjusted profit before tax for Q1 2025 was $96 million, up 42% year-over-year, with revenues growing 28% to $467 million [6][10][18] - Reported return on equity increased to 29%, up six percentage points year-over-year [10] - Adjusted diluted EPS rose to 91¢ per share, reflecting a 32% increase year-over-year [19] Business Line Data and Key Metrics Changes - Clearing revenue grew 18% to $119 million, driven by higher net interest income despite lower average Fed fund rates [20] - Agency and execution revenue surged 42% to $240 million, with securities revenue increasing 59% to $151 million [20][21] - Energy revenue rose 20% to $88 million, benefiting from record volumes and strong demand [21] - Market making revenue grew 27% to $53 million, with security revenues doubling [22] Market Data and Key Metrics Changes - Exchange volumes in Q1 were up 15% year-over-year and 12% compared to Q4 [7] - Average daily value at risk remained low at $3.4 million, indicating effective market risk management [22] - Average balances increased to $17.1 billion, up from $11.3 billion a year ago, reflecting growth in client balances [23] Company Strategy and Development Direction - The company aims to generate reliable earnings growth across cycles by servicing client flow and gaining market share [14] - There is a focus on expanding the prime services offering and enhancing margins in the agency and execution segment [36][41] - The company is actively evaluating M&A opportunities while maintaining strict discipline to meet return targets [32][68] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the firm's operational resilience and ability to convert higher volumes into revenue and profit growth [30] - The company anticipates continued momentum for the rest of the year, despite potential risks from falling interest rates [31] - Management noted that client health remains strong, with minimal liquidity pressure observed during recent volatility [74][78] Other Important Information - The company successfully executed a $500 million senior notes issuance to enhance liquidity [9][17] - A dividend increase to 15¢ per share was announced for Q1 2025, up from 14¢ in 2024 [10][29] - The firm maintains a strong capital and liquidity position, with total funding increasing to $4.3 billion [28] Q&A Session Summary Question: Insights on the Prime business and its recent performance - Management noted a significant pickup in prime services, indicating unmet demand has been captured, but growth rates may slow [36][37] Question: Contribution from the Arna acquisition - The Arna acquisition closed at the end of Q1, with minimal contribution in the quarter, but early performance in April met expectations [42][43] Question: Divergence between cleared volume growth and commission revenue growth - Management explained that the previous year's unusually positive environment in agriculture affected year-over-year comparisons, but no pricing pressure was noted [48][51] Question: Client clearing balances growth - Average balances grew significantly, driven by increased house liquidity and client onboarding, with expectations for continued growth [59][62] Question: M&A appetite and activity - The company remains active in pursuing acquisitions, with a disciplined approach to ensure target returns are met [66][68] Question: Client health and potential risks - Management reported strong client performance with minimal stress observed, despite recent volatility [74][78] Question: Front office headcount changes - Some remapping of headcount occurred, particularly in the agriculture business, but overall growth and investment in clearing remain strong [80][82]

Marex Group (MRX) Q1 2025 Earnings Call May 15, 2025 09:00 AM ET Speaker0 Day, and thank you for standing by. Welcome to the Marek's Q1 twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there'll be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Adam Strachan, Head of Investor Relations. Please go ahead. Speaker1 Goo ...

Diversified Resilient Dynamic First quarter 2025 results May 15, 2025 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this presentation that do not relate to matters of historical fact should be considered forward-looking statements, including expected outlook, financial results, expected growth, business plans, expected investments, federal funds rates and divi ...

NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Marex Group plc ('Marex' or the 'Group'; Nasdaq: MRX) a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets, today reported financial results for the first quarter ('Q1 2025'). Ian Lowitt, Group Chief Executive Officer, stated, "Robust levels of client activity across our businesses and positive market conditions led to a strong performan ...

Before Marex's initial public offering (IPO) on Nasdaq in April 2024, private equity shareholders including JRJ Group held around 96% of Marex stock. Following the IPO and two successful secondary follow-on offerings, private equity owners now hold around 30% of Marex stock. LONDON, May 15, 2025 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ: MRX), the diversified global financial services platform, announces today that Roger Nagioff has stepped down from the Group Board. Roger represented private equity inves ...

NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (Nasdaq: MRX) (“Marex”), the diversified global financial services platform, announced the pricing on May 1, 2025 of a public offering (the “Offering”) of U.S.$500 million aggregate principal amount of its 5.829% Senior Notes due 2028 (the “Notes”). The Notes will be issued at a price to the public equal to 100.000% of the principal amount thereof and will be senior unsecured obligations of Marex. The Offering is expected to close on or about May 8, ...

NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- Fitch Ratings (Fitch) yesterday announced that it has revised the outlook of Marex Group plc’s Long-Term Issuer Default Rating (IDR) to positive from stable, and has affirmed its Long-Term IDR at ‘BBB-’. The revision of the outlook reflects Marex’s strong and growing earnings across variable market conditions, expansion and diversification of the franchise both organically and through bolt-on acquisitions, well-managed liquidity and adequate buffer over regulator ...

Core Viewpoint - Marex Group plc is set to release its fiscal 2025 first quarter results on May 15, 2025, before market open, indicating a commitment to transparency and investor engagement [1] Company Overview - Marex Group plc (NASDAQ:MRX) operates as a diversified global financial services platform, providing essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [2] - The company offers a comprehensive range of services, including Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a strong presence in major metals, energy, and agricultural products [2] - Marex has access to 60 exchanges and serves a diverse client base, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers [2] - The company employs over 2,400 staff across more than 40 offices worldwide, covering regions in Europe, Asia, and the Americas [2]