Danish brokerage group Saxo Bank released financial data for the first half of 2025 on Thursday morning.
The company said that revenues for the period were up to DKK 2.5bn ($390.4m). That was a nearly 8% uplift to last year’s figure of DKK 2.3bn ($361.9m).
Net income was also up, with Saxo Bank reporting a profit for the first six months of the year of DKK 548m ($85.6m).
That was an 18% increase on the equivalent period in 2024, when the broker reported net income of DKK 464m ($72.5m).
Saxo Bank said that revenues were up across the group but did not give specifics on where revenue increases came from in the period.
However, the Danish firm did note that total clients were up 13% to almost 1.4m. Client assets under administration also rose to DKK 877bn (136.9bn).
“In the first half year of 2025, I am glad that we continue to see a steady, positive development and growth across our business,” said Saxo Bank CEO Kim Fournais.
“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, where we have now reached a record level of 1.4 million clients that trust us with DKK 877 billion.”
