In the first half of 2025, Saxo Bank said it delivered stable growth, with net profits reaching €73 million, compared with €62 million in 2024, and a total income of €335 million. The bank said that its client inflow achieved a new record of 1.4 million clients, representing a 13 per cent increase compared with the first half of 2024. This growth contributed to client assets reaching a record €118 billion, compared with €109 billion in 2024, the firm said in a statement.

So far, this year hasseen u nrest in the financial markets due to geopolitical tension, leading to increased market volatility and resulting in higher trading activity compared with the same period last year. Consequently, the number of trades on the firm’s investment platforms increased by 28 per cent, driven primarily by the year's first four months, followed by more normalised activity in the second quarter.

Saxo Bank said it remains focused on expanding the client base while improving investment platforms, products, and services, complemented by competitive pricing that empowers clients to make more of their money. Additionally, Saxo has undergone a process to reduce its geographical footprint and complexity, establishing a foundation for future growth by concentrating on core markets. This has strengthened the group's compliance, reduced risk, and enhanced operational efficiency. 

“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. We now have a record 1.4 million clients who trust us with €118 billion in client assets,” Kim Fournais, CEO and founder of Saxo Bank, said.

In March, Saxo Bank announced that it had signed an acquisition by J Safra Sarasin Group of about 70 per cent of Saxo Bank, previously held by Geely Financials Denmark and Mandatum Group. Saxo Bank said that joining the J Safra Sarasin Group represented an opportunity to strengthen its foundation for continued growth, delivering award-winning platforms and innovative products to its clients and partners.

The transaction is pending, subject to regulatory approval.

In April, this news service spoke to Saxo about the work it does with external asset managers in Singapore and the wider Asia-Pacific region.