For the six months to 30 September 2025, net operating income rose 5 percent to £186.2 million, supported by higher trading and investing revenue.
Australian stockbroking delivered a record contribution, with net operating income increasing 34 percent year-on-year to A$65.9 million, helped by a 14 percent rise in assets under administration to about A$91 billion.
Total operating expenses climbed to £136.5 million, reflecting a further £5.2 million provision linked to industry-wide margin netting remediation in Australia. Excluding this charge, CMC said costs remained well controlled.
Profit before tax held broadly steady at £49.3 million, with a margin of 26.5 percent, while basic earnings per share increased 4 percent to 13.3 pence. The interim dividend was raised to 5.5 pence, up 77 percent.
The company highlighted a series of strategic developments, including a “transformational” partnership with Westpac, its largest institutional deal to date.
The agreement is expected to expand CMC’s Australian customer base significantly and lift domestic trading volumes by around 45 percent once launched in about a year.
CMC also cited rapid growth in its neobank API partnership, now live in more than 30 European countries, alongside advanced discussions with a major international bank and UK retailer Currys.
A new multi-asset platform is due to launch in December, paving the way for a future “Super App” combining traditional and decentralised finance capabilities.
