Saxo Bank Reports Record H1 2026 Revenue and Profit

Saxo Bank has reported its strongest-ever half-year (H1) financial performance, with record revenue and net profit for the first six months of 2026 as the online investment and trading platform continues to build momentum under new ownership and leadership.

The bank generated revenue of DKK 2.803 billion ($436 million) in H1 2026, marking its highest-ever result for a six-month period. Net profit reached DKK 648 million ($101 million), also setting a new record.

The results represent a sharp recovery from the second half of 2025, when Saxo Bank reported a 2% decline in revenue and a small net loss. The latest figures therefore provide an early indication of stronger commercial performance following a period of significant corporate change.

Saxo Bank Reports Record H1 2026 Revenue and Profit

The first half of 2026 also included the Safra Group taking control of Saxo Bank and the appointment of Daniel Belfer as CEO. Management said the latest results reflect strong commercial momentum and progress in executing its strategic priorities.

Trading activity remained robust during the period, with Saxo pointing to positive sentiment across equity markets as investors continued to pursue record market levels. Heightened volatility in commodities, particularly oil and precious metals, also supported trading activity.

Saxo said it continued to focus on expanding and engaging its global client and partner base during the first half of the year. The bank also invested in its trading platforms and product offering as part of a broader strategy aimed at delivering long-term profitable growth.

Looking ahead, Saxo plans to increase marketing investment while continuing to enhance its client offering. The bank also expects further investment in artificial intelligence and other business-critical areas as it seeks to strengthen its technology infrastructure and support future expansion.

Daniel Belfer, CEO of Saxo Bank, said the results represented “the best half-year financial results in the bank’s history.” He added that the bank had seen solid growth in its client base, while existing clients and partners were entrusting Saxo with a growing share of their investments.

The record H1 performance gives Saxo a substantially stronger starting point for the second half of 2026, following the weaker results recorded in late 2025.

Company Overview

Saxo Bank stands out as a premier multi-asset broker, offering exceptional research capabilities and an exceptional trading platform, along with an impressive array of over 70,000 tradable instruments, which include spot forex, FX options, NDFs, CFDs, stocks, stock options, exchange-traded funds, ETNs, futures, and 33,000 bonds. For engaged traders, Saxo Bank offers a comprehensive and immersive trading journey, boasting an extensive toolkit, research resources, and premium features.

Discover more in our Complete Review.