Bourse Direct continued to post strong growth across the first half of 2026, with a 16.7% increase in order volume, steady recruitment of new accounts and an improvement in operating profit of 29.2% excluding a non-recurring item. For a brokerage business, these indicators matter because they show activity levels on the platform, the pace of client acquisition and the impact of market conditions on revenue mix, while also highlighting how operating costs can move alongside higher transaction volumes.

Percentages are calculated from figures in thousands of euros.

During the first half of 2026, Bourse Direct recorded solid growth in consolidated revenue across all of its activities. The increase in business volume was accompanied by sustained new-client recruitment. The company said its new services continued to develop positively and contributed to performance, alongside a rising interest-rate environment.

Bourse Direct executed 3.3 million orders in the first half of 2026, up 16.7% from the first half of 2025. Gross commissions also rose sharply, increasing 29.2% across all activities.

The company had nearly 425,000 accounts as of June 30, 2026, up 9.2% from June 30, 2025.

EXOE, a subsidiary of Bourse Direct, reported revenue growth of 42.9% compared with the first half of 2025.

Consolidated results

Bourse Direct’s consolidated banking operating income reached 44.7 million euros in the first half of 2026, up 20.2% from the first half of 2025. After declining in 2025, interest income increased 9.6% in the context of higher interest rates and the development of new activities.

Banking operating expenses totaled 3.5 million euros, up 20.8% from 2025, mainly because of the sharp rise in order volumes processed on the markets.

As a result, net banking income came to 41.3 million euros, compared with 34.3 million euros in the first half of 2025, an increase of 20.1%.

General operating expenses amounted to 23.7 million euros, versus 19.7 million euros in the first half of 2025, up 19.9%. The company said this was mainly due to variable compensation items and technical investments. These expenses also included a non-recurring charge linked to a sanction imposed by the AMF on Bourse Direct, amounting to 0.8 million euros.

Consolidated operating profit for the first half of 2026 was 15.9 million euros, compared with 12.9 million euros in the same period of 2025, up 23.0%. This resulted in an operating margin of 35.5%, or 37.2% excluding the non-recurring item.

Consolidated net profit for Bourse Direct was 11.5 million euros for the first half of 2026, compared with 9.4 million euros in the first half of 2025, up 21.9%. Excluding the non-recurring item, the increase was 30.9%.

Balance sheet

Consolidated shareholders’ equity stood at 87.8 million euros at June 30, 2026. The company said it maintained a solid financial position, with consolidated cash of 56.7 million euros at that date.

Outlook

Bourse Direct said it is continuing to develop its brokerage business in 2026 and to offer clients more expert services while maintaining some of the most competitive pricing in the market, including for active traders through its Tradebox platform.

Following the launch of its securities lending service in July 2024, Bourse Direct marketed order-strategy programming tools for retail clients in July 2025. In April 2026, the company launched its programmed investment plan, which it said has met with strong success after three months in operation.

Bourse Direct said it remains focused on a pedagogical approach to support and train clients in their stock-market investment projects.

The development of institutional clients through Direct Securities and in partnership with EXOE, as well as the company’s savings business, are also central to its strategy.

The interest-rate environment led to higher treasury income during the first half of 2026, and the company said treasury income will remain elevated in the second half of the year.

For less than 1 euro per order, Bourse Direct offers a complete platform for investing in a broad range of financial products, including French and international equities, ETFs, derivatives and mutual funds, on the main European and international markets.

The company also complements its offering with long-term savings solutions, including life insurance and the Plan d’Épargne Retraite (PER), designed to help individuals build assets with tax advantages and personalized management options. Bourse Direct said its overall offering is designed to meet the investment and savings needs of individual investors.

About Bourse Direct

Bourse Direct is a major French online brokerage firm covering all areas of online trading, from stock-market transactions to back-office and execution services. Bourse Direct shares, code FR0000074254 and ticker BSD, are eligible for the PEA PME and listed on compartment B of Euronext Paris.

The company said its full financial communication is available at www.boursedirect.fr, in the Corporate section.

Press contacts: Bourse Direct - Julie Ruffin: +33 1 56 88 40 40; Image 7 - Juliette Mouraret: +33 6 81 67 38 80

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