Saxo Bank profit up 18% in H1 2025

Saxo Bank profit up 18% in H1 2025
Saxo Bank eyes sustainable expansion

​Saxo Bank Group reported strong results for the first half of 2025, posting a net profit of EUR 73 million, up 18% compared to the same period in 2024. Total income rose to EUR 335 million, driven by high trading activity and a record expansion of its global client base.

Leading Crypto Broker in United States
9.2/10
*Rated by real traders on Traders Union
  • Chosen by 3 200+ local traders in the last 3 months.
  • Traders earn on average 12% more per month vs other brokers.
Start with Kraken

The Copenhagen-based group now serves 1.4 million clients worldwide, a 13% increase from the previous year. Client assets also reached an all-time high of EUR 118 billion, underscoring investor confidence in Saxo Bank’s platforms. According to the company’s report, a significant part of the growth was linked to heightened market volatility in early 2025, which led to a 28% year-on-year increase in trading volumes before activity stabilized in the second quarter.

Strategic focus and efficiency

Despite reducing its geographical footprint, Saxo Bank emphasized that its long-term strategy remains unchanged: expanding the client base while continuously improving its trading platforms, products, and services. The group has also invested in strengthening compliance, cybersecurity, and anti-money laundering measures to ensure operational resilience and client protection.

Kim Fournais, CEO and Founder of Saxo Bank, highlighted the alignment between the company’s commercial strategy and client needs:“We now have a record 1.4 million clients who trust us with EUR 118 billion in assets. It is clear that our long-term commercial strategy is aligned with client needs, and I am confident that our continuous growth is the result of our unwavering commitment to strengthening our investment platforms, products, services, and competitive pricing.”

Key financial highlights

Total income: EUR 335 million (H1 2024: EUR 311 million)

Net profit: EUR 73 million (H1 2024: EUR 62 million)

Adjusted net profit: EUR 69 million (H1 2024: EUR 68 million)

Client assets: EUR 118 billion (H1 2024: EUR 109 billion)

Total clients: 1,391,000 (H1 2024: 1,228,000)

Capital ratio: 28.3% (H1 2024: 27.5%)

Ownership transition

In March, Saxo Bank announced that J. Safra Sarasin Group will acquire around 70% of Saxo Bank A/S, previously owned by Geely Financials Denmark and Mandatum Group. Pending regulatory approval, the deal is expected to strengthen the foundation for future growth and enable Saxo to continue delivering award-winning platforms and innovative solutions to clients and partners.

With steady profitability, record client assets, and a strategic focus on core markets, Saxo Bank is well-positioned for long-term growth in the evolving global investment landscape.

Read also: Saxo Bank implements new OpenAPI onboarding rules for introducing brokers

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

Latest Brokers News

Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.