Swissquote has posted record financial results for the first half (H1) of 2025, marking the sixth consecutive period of record-breaking performance. The Swiss digital banking and trading group reported revenues of CHF 358.2 million ($445 million), up 4% from CHF 344.0 million in the second half of 2024. Net profit climbed 6% to CHF 158.2 million ($196 million) from CHF 149.6 million, highlighting the company’s strong momentum.
Swissquote Posts Record H1 2025 Revenue and Net Profit
Trading income was a key driver, rising 46.4% thanks to increased foreign-currency trading activity. Crypto assets contributed CHF 43.1 million, up 22.7%, representing 12% of total revenue, supported by a 16.2% increase in crypto volumes. Net interest income remained stable (-1.5% year-on-year) due to growth in customer cash deposits, while net eForex income fell 11.3% to CHF 41.8 million amid higher margin requirements during volatile market periods.
Swissquote strategically increased investments to support future growth. The company expanded its technology team by 50 FTEs and international operations by 30 FTEs, reflecting a focus on innovation and scalability. As a result, total expenses rose 17.9% to CHF 173.5 million, with higher payroll, marketing, and operating costs contributing to the increase.
Despite higher expenses, pre-tax profit rose 9.1% to CHF 185.2 million, with a pre-tax margin of 51.7%. Net profit margins stood at 44.2%, demonstrating strong profitability.
Client growth remained robust, with 58,304 new accounts in six months, bringing the total to 708,393 (+16% year-on-year). Net new money hit CHF 5.2 billion (+36.5%), pushing total client assets to a record CHF 80.4 billion (+18.1%). Average client trading volumes were $105 billion monthly, while crypto volumes declined slightly to CHF 1.18 billion.
In July 2025, Swissquote took full control of Yuh, expanding its digital banking reach to over 1 million accounts. The company now expects full-year 2025 net revenues of around CHF 700 million and pre-tax profit of CHF 365 million, surpassing initial guidance.
So, Swissquote’s continued growth underscores its position as a leading digital banking and trading platform, combining strong client engagement with strategic investment in technology and global operations.
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