Saxo Bank Reports Growth H1 2025 as the company delivers strong increases in both revenues and profits over the last year. The Copenhagen-based Retail FX and CFDs broker reported revenues of DKK 2.501 billion (USD 390 million), marking a 6% increase from the second half of 2024.
This revenue figure also stands as the company’s highest since tracking began in 2017. Net profit reached DKK 548 million (USD 85 million), which was just 1% higher than the previous half-year but still represented the strongest bottom-line performance since the second half of 2018. The bank highlighted significant client growth during the period, with a record 1.4 million clients by the end of June, representing a 13% rise from the same period in 2024.
As a result, client assets climbed to a record EUR 118 billion, reflecting both higher inflows and greater investor activity. Saxo Bank stated that this expansion demonstrates continued trust from investors around the world, even as the firm reduces its geographical footprint in some markets. In March 2025, Safra Group agreed to acquire Saxo Bank for USD 1.74 billion, and the deal is currently awaiting regulatory approval.
Saxo Bank Reports Strong Growth in H1 2025
Industry observers have noted that this acquisition could further strengthen Saxo’s market position and broaden its long-term strategic reach once finalized. Commenting on the results, Saxo Bank CEO and Founder Kim Fournais expressed confidence in the company’s trajectory. He stated, “In the first half of 2025, I am glad that we continue to see a steady, positive development and growth across our business, despite reducing our geographical footprint. The investment culture worldwide is thriving, and I am pleased that so many new investors are choosing to start and continue their investment journey with Saxo.”
Fournais added that “our long-term commercial strategy is aligned with client needs, and I am confident that our continuous growth is a result of our unwavering commitment to strengthen our investment platforms, products, services, and competitive pricing.” He also emphasized the firm’s efforts to expand teams in cyber security, compliance, and anti-money laundering, noting that “this underlines our dedication to safeguarding our clients and maintaining the integrity of our operations.”
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