Nordnet reports second quarter 2025 interim results

Nordic digital savings and investment platform Nordnet AB released its interim report for the second quarter of 2025 on July 18. The company reported a pre-tax profit of SEK 893 million, slightly down from SEK 904 million in the same period last year. Operating income stood at SEK 1,293 million, marginally higher than the SEK 1,289 million reported previously.

During the quarter, Nordnet's customer base expanded by 57,000 new customers, contributing to a 14 percent annual customer growth. Total savings capital on the platform reached SEK 1,064 billion by the end of June, marking a ten percent increase year-on-year. The company enhanced its service offering with the launch of digital trading on eight new exchanges, pre-market trading for US stocks, and currency accounts for ISK and endowment insurance.

CEO Lars-Åke Norling described the quarter as productive, highlighting strong customer acquisition, high trading activity, and ongoing modernization of the technical platform. Operating expenses increased by 9.7 percent, excluding investments in Germany, but are expected to align with full-year financial targets. Lower interest rate levels impacted net interest income negatively.

Other highlights from the quarter included awards for Nordnet's own funds, with Nordnet One funds receiving a five-star rating from Morningstar and Nordnet Suomi Indeks being named the best Finnish equity fund. The company also reinforced its capital position by paying out a dividend of SEK 8.10 per share and initiating a share buyback program of SEK 250 million, with plans for an additional SEK 250 million repurchase.