Group 1 - Marex Group plc has completed the acquisition of Aarna Capital Limited, enhancing its operations in the Middle East and expanding its clearing business [1] - The acquisition aligns with Marex's strategy to broaden its client base, diversify operations, and increase earnings resilience [1] - Aarna Capital, based in Abu Dhabi, offers clearing, execution, and customized risk management solutions across various markets including energy, metals, and financial markets [2][4] Group 2 - Marex Group plc is a diversified global financial services platform providing liquidity, market access, and infrastructure services across energy, commodities, and financial markets [3] - The company operates with over 2,300 employees and has more than 40 offices worldwide, covering major commodity markets and serving a wide range of clients [3] - Aarna Capital provides access to a broad range of financial products including futures, options, FX, equities, and fixed income, leveraging a high-speed market infrastructure [4]

NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (Nasdaq: MRX) (‘Marex’), the diversified global financial services platform, provides a Q1 trading update at its Investor Day, being held today at the Nasdaq Marketsite in New York City. Marex reports a strong start to the year with positive momentum and supportive market conditions continuing through the first quarter of 2025. Client activity has remained strong across the platform with high levels of exchange volumes driven by volatility. Agency ...

Core Insights - Marex Group plc is hosting an Investor Day on April 2, 2025, at the Nasdaq MarketSite in New York, featuring presentations from business heads and a Q&A session with senior leadership [1][2]. Company Overview - Marex Group plc (NASDAQ:MRX) is a diversified global financial services platform that provides essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [3]. - 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 [3]. - Marex has access to 60 exchanges and serves a diverse client base, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers [3]. - The company is headquartered in London and operates over 40 offices worldwide, employing more than 2,300 staff across Europe, Asia, and the Americas [3].

MAREX' Marex Group plc Annual report 2024 Diversified. Resilient. Dynamic. Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. What's inside Strategic Report 2024 highlights Our history Our investment case Chair's review Chief Executive Officer's review Our markets Our business model Our strategy Strategy in action Key Performance Indicators Financial review Business r ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) Date of event requiring this shell company report Commission file number 001-42020 MAREX GROUP PLC (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) England and Wales (Jurisdiction of incorporation or organization) 155 Bishopsgate London EC2M 3TQ United Kingdom (Address of principal executive offices) Rob Irvin Chief Financial Officer Telephone: (21 ...

Diversified Resilient Dynamic 86 83 125 219 218 235 191 186 214 144 141 184 Primary Colors Primary Colors Disclaimer Forward-Looking Statements 121 54 144 28 27 74 Fourth quarter and full year 2024 results March 6, 2025 The forward-looking statements made in this presentation relate only to events or information as of the date on which the statements are made in this presentation. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a ...

Financial Data and Key Metrics Changes - The company reported a record full year adjusted profit before tax of $321 million, up 40% year-over-year [12] - Revenues grew 28% to $1.6 billion in 2024, with adjusted operating pretax margin increasing to 20% [14][22] - Adjusted return on equity rose to 30%, while adjusted diluted EPS was $3.07 per share, up 33% year-over-year [24] Business Line Data and Key Metrics Changes - Clearing revenue grew 48% to $125 million, driven by growth in net interest income and an increase in contracts cleared by 27% [25] - Agency and Execution revenue grew 22% to $192 million, with Securities revenue growth of 25% attributed to the TD Cowen acquisition [26] - Market Making revenue grew 19% to $45 million, while Hedging and Investment Solutions revenue grew 20% to $40 million [28] Market Data and Key Metrics Changes - Exchange volumes grew 11.5% in 2024, with commodities growth of 20% outpacing financials at 10% [16] - Marex volumes in clearing were up 30%, while revenues increased by 25% [19] - In Agency and Execution, energy market volumes rose 22%, with Marex volumes up 27% and revenues up 30% [19] Company Strategy and Development Direction - The company aims to diversify its revenue base and expand its presence in growth markets, with EMEA generating 56% of revenue and growing at a 34% CAGR [39] - The Americas is growing at a 58% CAGR and now accounts for 36% of total revenue, while APAC, though the smallest region, is growing the fastest at a 69% CAGR [42] - The company is focused on both organic growth and selective inorganic investments to enhance its platform and client offerings [45][49] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the platform's ability to deliver structural growth through various market conditions, despite lower commodity prices and volatility in 2024 [18] - The current market environment is seen as attractive, with elevated levels of volatility and client activity expected to continue [114] - The company anticipates a strong start to 2025, with ongoing positive momentum and client engagement [136] Other Important Information - The company announced a quarterly dividend of $0.14 per share to be paid on March 31, 2025 [35] - Total assets increased from $17.6 billion at the end of 2023 to $24.3 billion at year-end 2024, reflecting higher client activity levels [33] - The company maintains a total capital ratio of 234%, well above minimum required levels, ensuring a strong position for market turmoil [35] Q&A Session Summary Question: Can you discuss the Q4 results and the increase in collateral balances? - Management indicated that the increase in balances was due to onboarding new clients and higher business activity, with a steady increase of clients throughout the year [56] Question: What drove the significant jump in securities revenues? - The increase in securities revenues was attributed to the integration of the TD Cowen acquisition and the addition of new products and capabilities [62] Question: Where do you see the most opportunity for market share gains? - Management noted that market share gains are expected to come primarily from winning mandates with larger clients, rather than just small and mid-sized clients [76] Question: What drove the weak performance in the Market Making segment, particularly in metals? - The decline was attributed to lower volatility in the market and a fair value adjustment reflecting open risk positions at year-end [80] Question: Can you comment on margin expansion prospects for 2025? - Management expects slow margin expansion, particularly in the Agency and Execution space, as the company continues to grow and integrate acquisitions [92] Question: What is the outlook for M&A activity going forward? - The company is actively pursuing both bolt-on and larger transformative opportunities, with a focus on enhancing capabilities and regional coverage [102] Question: How do you foresee the competitive environment changing with new regulations? - Management believes that while U.S. banks may become more ambitious, they are unlikely to expand into services like clearing, which Marex specializes in [124] Question: What is the expected tax rate for 2025? - The tax rate is expected to be between 25% and 26%, depending on the geographical split of profits [129]

Core Viewpoint - Marex Group plc reported strong financial results for Q4 2024 and the full year 2024, driven by robust client activity and favorable market conditions, achieving a 40% year-over-year increase in Adjusted Profit Before Tax to $321.1 million [2][4]. Financial Highlights - Q4 2024 revenue increased by 28% to $415.6 million compared to Q4 2023 [3][13]. - Full year 2024 revenue also rose by 28% to $1,594.7 million from $1,244.6 million in 2023 [20][27]. - Profit Before Tax for Q4 2024 surged by 97% to $77.8 million, while for the full year, it increased by 51% to $295.8 million [10][25]. - Adjusted Profit Before Tax for Q4 2024 was $81.4 million, a 55% increase from Q4 2023, with a margin improvement to 20% [19][27]. - Profit After Tax for Q4 2024 was $56.7 million, up 102% year-over-year [10][19]. Operational Performance - Average invested assets grew by 12% in Q4 2024 to $15.5 billion, contributing to net interest income of $62.6 million, a 107% increase from Q4 2023 [4][16]. - Net commission income for Q4 2024 rose by 25% to $226.0 million, driven by increased activity in Agency and Execution services [15][21]. - Net trading income increased by 15% to $128.1 million, with significant growth in Hedging and Investment Solutions [16][22]. Strategic Initiatives - The company executed a growth strategy that included geographic expansion and product capability enhancement through organic growth and strategic acquisitions [2][4]. - Marex successfully completed its IPO in April 2024 and a follow-on transaction in October, increasing its public float to 52% [4][27]. - A prudent approach to capital and funding was maintained, with a $600 million senior unsecured issuance [4]. Segment Performance - The Clearing business saw revenue increase by 48% to $124.7 million in Q4 2024, driven by net interest income growth [31][33]. - Agency and Execution revenues grew by 22% to $192.2 million in Q4 2024, supported by strong performance in Securities and Energy markets [41][43]. - Market Making revenue increased by 19% to $44.5 million in Q4 2024, with notable growth in Agriculture and Securities [48][49]. Future Outlook - The company anticipates continued positive momentum into 2025, reflecting strong client activity and higher exchange volumes [2][4]. - An investor day is scheduled for April 2, 2025, to provide further insights into the company's business segments [7].

Core Insights - Marex Group plc will release its 2024 fourth quarter and full year results on March 6, 2025, before market open [1] - A conference call to discuss the results is scheduled for 9am ET on the same day, with registration available for analysts and investors [2] - An investor day is planned for April 2, 2025, in New York City [2] Company Overview - Marex Group plc is a diversified global financial services platform that provides liquidity, market access, and infrastructure services across energy, commodities, and financial markets [3] - The company enables access to 60 exchanges and offers four core services: Clearing, Agency and Execution, Market Making and Hedging, and Investment Solutions [3] - In 2023, Marex executed approximately 129 million trades and cleared 856 million contracts, serving over 4,000 active clients [3] - The company has a strong presence in major metals, energy, and agricultural products, catering to large commodity producers, consumers, traders, banks, hedge funds, and asset managers [3] - Headquartered in London, Marex operates more than 40 offices globally and employs over 2,000 staff across Europe, Asia, and the Americas [3]

Group 1 - PCB Bancorp (PCB) has seen a 4.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Zions Bancorporation, National Association (ZION) has experienced a 6.4% increase in the Zacks Consensus Estimate for its current year earnings in the past 60 days [2] - Marex Group plc (MRX) has had a 4.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] Group 2 - PCB Bancorp (PCB) has a dividend yield of 3.4%, significantly higher than the industry average of 0.6% [2] - Zions Bancorporation (ZION) has a dividend yield of 2.8%, compared to the industry average of 2.5% [3] - Marex Group plc (MRX) has a dividend yield of 1.9%, while the industry average is 0.0% [3]