INTL FCStone Inc. Reports Fiscal 2013 First Quarter Financial Results

INTL FCStone Inc. Reports Fiscal 2013 First Quarter Financial Results

Adjusted Operating Revenues of $116.5 Million, up 25%

NEW YORK, Feb. 6, 2013 (GLOBE NEWSWIRE) -- INTL FCStone Inc. (the 'Company')
(Nasdaq:INTL) today announced its financial results for its fiscal first
quarter ending December 31, 2012. Certain financial metrics discussed in this
press release are non-GAAP, reflecting marked-to-market differences in the
Company's Commodity & Risk Management Services and Other segments. A
reconciliation of those metrics to GAAP equivalents is provided in the table
below, and further discussion of the use of non-GAAP metrics will be provided
in the Company's Form 10-Q to be filed with the Securities and Exchange
Commission ("SEC").

Sean O'Connor, CEO of INTL FCStone Inc., stated, "We were pleased to see year
over year revenue growth, along with continued cost containment driving the
bottom line, which also benefited from some non-recurring revenue items, most
notably the sale of our LME shares."

INTL FCStone Inc. Summary Financials

Consolidated financial statements for the Company will be included in the
Company's quarterly report on Form 10-Q to be filed with the SEC. The Form
10-Q will also be made available on the Company's website at
www.intlfcstone.com.

                               Three Months Ended December 31,
(Unaudited) (in millions,
except share and per share      2012            2011            % Change
amounts)
Operating revenues            $125.7        $96.3         31%
Interest expense              3.5            2.1            67 %
Net revenues                  122.2          94.2           30 %
Compensation and benefits     46.7           45.8           2 %
Clearing and related expenses 25.0           22.7           10 %
Introducing broker             8.4            5.8            45 %
commissions
Other non-interest expenses   23.3           20.6           13 %
Total non-interest expenses   103.4          94.9           9 %
Income (loss) from operations, 18.8           (0.7)          (a)
before tax
Income tax expense (benefit)  5.5            (0.2)          (a)
Net income (loss)             13.3           (0.5)          (a)
Add: Net loss attributable to  --            0.1            (100)%
noncontrolling interests
Net income (loss) attributable
to INTL FCStone Inc. common     $13.3         $(0.4)        (a)
stockholders
                                                             
                                                             
Basic earnings (loss) per                                    
share:
Net income (loss) attributable
to INTL FCStone Inc. common     $0.70         $(0.02)       (a)
stockholders
                                                             
Diluted earnings (loss) per                                  
share:
Net income (loss) attributable
to INTL FCStone Inc. common     $0.68         $(0.02)       (a)
stockholders
                                                             
Weighted average number of                                   
common shares outstanding:
Basic                         18,266,338     18,163,489     1 %
Diluted                       18,778,675     18,163,489     3 %
                                                             
Segment operating revenues                                   
(non-GAAP) reconciliation:
Operating revenues, as         $125.7        $96.3         31%
reported (GAAP)
Marked-to-market adjustment   (9.2)          (3.2)          (a)
Adjusted operating revenues    $116.5        $93.1         25 %
(non-GAAP) (b)
                                                             
Represented by:                                             
Commodity and risk management  $51.4         $46.8         10 %
services
Foreign exchange              16.2           17.9           (9)%
Securities                    12.9           9.9            30 %
Clearing and execution         22.4           17.7           27 %
services
Other                         4.9            3.1            58 %
Corporate unallocated         8.7            (2.3)          (a)
Adjusted operating revenues    $116.5        $93.1         25 %
(non-GAAP) (b)
                                                             
Net income (loss) attributable
to INTL FCStone Inc. common                                   
stockholders (non-GAAP)
reconciliation:
Net income (loss) attributable
to INTL FCStone Inc. common     $13.3         $(0.4)        (a)
stockholders, as reported
(GAAP)
Marked-to-market adjustment    (9.2)          (3.2)          (a)
(non-GAAP)
Tax effect on marked-to-market
adjustment at blended rate of   3.4            1.2            (a)
37.5% (non-GAAP)
Adjusted net income (loss)
attributable to INTL FCStone    $7.5          $(2.4)        (a)
Inc. common stockholders
(non-GAAP) (c)
                                                             
(a) Comparison not meaningful.

(b) Adjusted operating revenue is a non-GAAP measure that represents
operating revenues adjusted by marked-to-market differences in the Company's
Commodity & Risk Management Services and Other segments, as shown in the
table. The table above reflects all reconciling items between the GAAP
operating revenues and non-GAAP adjusted operating revenues. For a full
discussion of management's reasons for disclosing these adjustments, see 'Item
7. Management's Discussion and Analysis of Financial Condition and Results of
Operations' in the Form 10-K for the fiscal year ended September30, 2012.

(c) Adjusted net income attributable to INTL FCStone Inc. common stockholders
is a non-GAAP measure that represents net income attributable to INTL FCStone
Inc. common stockholders adjusted by the after-tax marked-to-market
differences in the Company's Commodity & Risk Management Services and Other
segments. The table above reflects all reconciling items between the GAAP net
income attributable to INTL FCStone Inc. common stockholders and non-GAAP
adjusted net income attributable to INTL FCStone Inc. common stockholders.

(d) For the three months ended December 31, 2012, operating and adjusted
operating revenues include realized gains of $9.2 million, on the Company's
sale of shares in The London Metals Exchange and Kansas City Board of Trade
reflected in the Corporate unallocated segment.

Conference Call & Web Cast

A conference call will be held tomorrow, Thursday, February 7, 2013 at 9:00
a.m. ET. A live webcast of the conference call as well as additional
information to review during the call will be made available in PDF form
on-line on the Company's corporate web site at http://www.intlfcstone.com.
Participants can also access the call by dialing 1-888-556-4997 (within the
United States), or 1-719-325-2354 (international callers) approximately ten
minutes prior to the start time.

A replay of the call will be available at http://www.intlfcstone.com
approximately two hours after the call has ended and will be available through
February14, 2013. To access the replay, dial 1-888-203-1112 (within the
United States), or 1-719-457-0820 (international callers) and enter the replay
passcode 323 4402.

About INTL FCStone Inc.

INTL FCStone Inc. (INTL) provides execution and advisory services in
commodities, currencies and international securities. INTL's businesses, which
include the commodities advisory and transaction execution firm FCStone Group,
serve more than 20,000 commercial customers in more than 100 countries through
a network of offices in twelve countries around the world.

Further information on INTL is available at www.intlfcstone.com.

Forward Looking Statements

This press release includes forward-looking statements including statements
regarding the combined company. All statements other than statements of
current or historical fact contained in this press release are forward-looking
statements. The words "believe," "expect," "anticipate," "should," "plan,"
"will," "may," "could," "intend," "estimate," "predict," "potential,"
"continue" or the negative of these terms and similar expressions, as they
relate to INTL FCStone Inc., are intended to identify forward-looking
statements.

These forward-looking statements are largely based on current expectations and
projections about future events and financial trends that may affect the
financial condition, results of operations, business strategy and financial
needs of the company. They can be affected by inaccurate assumptions,
including the risks, uncertainties and assumptions described in the filings
made by INTL FCStone Inc. with the Securities and Exchange Commission. In
light of these risks, uncertainties and assumptions, the forward-looking
statements in this press release may not occur and actual results could differ
materially from those anticipated or implied in the forward-looking
statements. When you consider these forward-looking statements, you should
keep in mind these risk factors and other cautionary statements in this press
release.

These forward-looking statements speak only as of the date of this press
release. INTL FCStone Inc. undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. Accordingly, readers are cautioned not to place undue
reliance on these forward-looking statements.

CONTACT: INTL FCStone Inc.
         Investor inquiries:
         Bill Dunaway, CFO
         1-866-522-7188
         bill.dunaway@intlfcstone.com
 
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